Revoke the Conditional Fee Agreements (Revocation) Regulations 2005

The Conditional Fee Agreements (Revocation) Regulations 2005 should be revoked.

Why does this idea matter?

The CFA Regulations 2000 produced an efficient way of ensuring consumer protection through the threat of unenforceability of CFAs where the Regulations were not properly complied with. There is no evidence that the SRA, who now has responsibility for regulation of CFAs, will pursue consumer protection issues with the same rigour as paying parties did under the Regulations.

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