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GLOSSARY

Solicitors Regulation Authority definition

What does Solicitors Regulation Authority mean?

The Solicitors Regulation Authority (SRA) was set up by the Law Society to be its regulatory body after the Legal Services Act 2007 required the separation of all regulatory and representative activities relating to the legal professions.

The SRA exercises its devolved powers through its Board. It regulates both individuals and entities and has power to determine such things as: the training requirements for those individuals it authorises to provide legal services; the requirements for firms to become, and remain, authorised and the imposition of conditions on authorisation; and disciplinary sanctions for individuals and firms. All the SRA's regulatory activities must be approved by the Legal Services Board.

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