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ITMA deemed fully compliant by the LSB in its scrutiny of compliance against its Internal Governance Rules

19 December, 2011

In a press release issued today, the Legal Services Board (LSB) announced the conclusion of its annual round of reviewing compliance against its Internal Governance Rules. See http://www.legalservicesboard.org.uk/news_publications/press_releases/2011/pdf/2011_12_19_igr_announcement_final.pdf

In the press release the LSB said:

“Last year’s compliance exercise focused on the structural arrangements put in place by the approved regulators to ensure independence. This year, the LSB has focused on independence in practice, examining specific risks in full.

Full compliance with the rules for regulatory independence was achieved by the Institute of Legal Executives, the Chartered Institute of Patent Attorneys and the Institute of Trade Mark Attorneys.”

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