FSI resigns from SRA Disciplinary Prosecution Panel
Tue, 03 Apr 2012
PLEASE NOTE: This news was released before Finers Stephens Innocent merged with Howard Kennedy to become HowardKennedyFsi on 1 February 2013.
The Solicitors Regulation Authority (SRA) Disciplinary Prosecution Panel indicated during 2011, that it wished its panel members to choose between prosecuting for it or defending solicitors at the termination of the present contract in December 2012. It would not continue to allow its prosecution panel solicitors to both “bat and bowl”.
As a result of this announcement, Ian Ryan, after 15 years prosecuting for the SRA, has decided that Finers Stephens Innocent should resign their position on the panel.
Commenting on the resignation, Ian Ryan, head of the business crime unit, said, “I understand the position that the SRA have taken regarding their panel. I have been on the panel for some considerable time, but our team has a significant solicitors defence practice. We decided that strategically the fit of acting for individual solicitors or solicitors’ firms is a better one than acting for the Regulator, as it complements our core practice defending individuals and corporates in serious fraud investigations, and acting in FSA enforcement proceedings.”
- ENDS -
NOTES TO EDITORS
Finers Stephens Innocent’s Business Crime and Regulatory Unit is one of the most well known and respected amongst its peers and is recommended in both the Chambers and Legal 500 directories.
FSI are a central London firm with industry-recognised expertise across a range of sectors. The firm advises businesses in both contentious and non-contentious aspects of corporate, finance, tax, employment, intellectual property, media and real estate law. The firm also has very highly rated private client and family law teams.