SRA finalises how it plans to ‘reset’ and focus on “proactive, intelligence led’ regulation
Summary
The Solicitors Regulation Authority has finalised its 2026/27 Business Plan, setting out a shift towards more proactive, intelligence-led regulation. The plan includes increased funding, new supervision capability, and greater use of data and IT to prioritise risks linked to consumer harm, client money, governance and professional ethics.
Why it matters
Although this is a legal-sector regulatory update, it is relevant to residential property surveyors because SRA-regulated firms are involved in conveyancing and related property transactions. Changes to supervision, enforcement and client-money oversight may affect transaction processes, professional risk and the wider property market interface.
Key points
- SRA is moving from a reactive to a proactive, intelligence-led regulatory model.
- The 2026/27 plan prioritises operational improvement, risk identification and focus on major public-interest issues.
- Funding will support proactive supervision, IT upgrades and data-led risk prioritisation.
- The regulator will continue to focus on client money, governance, ethics and misconduct reporting.
- Some planned work, including redelegation of CILEX professionals, has been deferred.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
