On July 1, 2024, the Solicitors Regulation Authority (SRA) Board agreed it would potentially regulate Chartered Institute of Legal Executives (CILEX) members, if CILEX decides to redelegate this to the SRA. This follows CILEX’s 2022 proposal to transfer the regulation of its members from its own independent regulatory arm, CILEX Regulation, to the SRA.
The SRA’s analysis is that there would be public interest benefits to it regulating all CILEX members, including simplifying the complex regulatory landscape, making it easier for consumers to navigate and bringing more consistent standards and levels of protection. Subject to CILEX confirming it wishes to proceed, final approval for this change will be required from the Legal Services Board.
The existing regulatory framework established in the 2007 Act has often been described by commentators as in need of simplification.
If CILEX members agree to proceed with this re-delegation, the final approval would need to be granted by the Legal Services Board.