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From January 2014, all chambers will be required to participate in new supervision arrangements, set out by the Bar Standards Board (BSB).
Under the new scheme, the BSB will assess how effectively chambers and sole practitioners are managing potential risks such as ineffective governance and inadequate pupillage training.
Those identified as ‘high risk’ will be supported by the BSB to reduce the likelihood of serious problems occurring. Well-run chambers, which set out and comply with clear policies on matters such as complaints handling and pupillage training, will gain a low risk rating and will have little contact with the BSB. This means that resources will be concentrated on those who need it most.
Next spring, chambers will receive an Impact Audit survey designed to first identify the impact that any potential breach of the regulatory rules would have on the public and consumers.
Most chambers will then have to complete a Supervision Return form – detailing how effectively potential risks are
being managed to help the BSB determine the likelihood of them actually materialising.
Those chambers that are seen to be managing risks less effectively will receive more supervisory support.
The risks that chambers and individuals will be assessed against include:
Further details and examples under each risk can be found at http://bit.ly/174mvoQ.
For Chambers to manage risk effectively and enjoy minimal contact with the BSB, they should:
1. Ensure their chambers’ contact details and records with the Bar Council Records department are up-to-date.
2. Appoint a member as the chambers’ point of contact with the regulator;
3. Respond promptly in returning the Impact Audit and Supervision Return;
4. Be honest and open in recognising and managing potential risks; and
5. Be aware of risks and take appropriate measures to reduce the likelihood of risks materialising.
For more information visit www.barstandardsboard.org.uk/supervision
Those identified as ‘high risk’ will be supported by the BSB to reduce the likelihood of serious problems occurring. Well-run chambers, which set out and comply with clear policies on matters such as complaints handling and pupillage training, will gain a low risk rating and will have little contact with the BSB. This means that resources will be concentrated on those who need it most.
Next spring, chambers will receive an Impact Audit survey designed to first identify the impact that any potential breach of the regulatory rules would have on the public and consumers.
Most chambers will then have to complete a Supervision Return form – detailing how effectively potential risks are
being managed to help the BSB determine the likelihood of them actually materialising.
Those chambers that are seen to be managing risks less effectively will receive more supervisory support.
The risks that chambers and individuals will be assessed against include:
Further details and examples under each risk can be found at http://bit.ly/174mvoQ.
For Chambers to manage risk effectively and enjoy minimal contact with the BSB, they should:
1. Ensure their chambers’ contact details and records with the Bar Council Records department are up-to-date.
2. Appoint a member as the chambers’ point of contact with the regulator;
3. Respond promptly in returning the Impact Audit and Supervision Return;
4. Be honest and open in recognising and managing potential risks; and
5. Be aware of risks and take appropriate measures to reduce the likelihood of risks materialising.
For more information visit www.barstandardsboard.org.uk/supervision
From January 2014, all chambers will be required to participate in new supervision arrangements, set out by the Bar Standards Board (BSB).
Under the new scheme, the BSB will assess how effectively chambers and sole practitioners are managing potential risks such as ineffective governance and inadequate pupillage training.
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