Other regulatory bodies—regulation of solicitors

Copyright © 2025 LexisNexis

Published by a LexisNexis Practice Compliance expert

Practice notes

Other regulatory bodies—regulation of solicitors

Copyright © 2025 LexisNexis

Published by a LexisNexis Practice Compliance expert

Practice notes

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The solicitors’ profession is highly regulated. As well as the primary legal regulators, such as the legal services board (LSB) and solicitors regulation authority (SRA), a number of other regulatory and public bodies are relevant to the profession and its regulatory regime. This Practice Note explains the role of the financial conduct authority (FCA), the Information Commissioner’s Office (ICO) and the Equality and Human Rights Commission (EHRC) in relation to the regulation of solicitors.

For information on the primary legal regulators, see Practice Note: Relationship between legal regulators.

Financial Conduct Authority (FCA)

The FCA is the single statutory regulator of the financial services industry in the UK. Its role and objectives are mainly derived from the Financial Services and Markets Act 2000, as amended (FSMA 2000). The FCA is operationally independent of government and is funded entirely by the firms it regulates.

The FCA Handbook is available online. The site contains all the rules and guidance issued by the FCA and various tools intended to make it easier to use the Handbook.

It is an offence for a

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Jurisdiction(s):

United Kingdom

Key definition:

Legal services board definition

What does Legal services board mean?

The Legal Services board was created by the legal services act 2007

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