The Institute of Chartered Accountants in England and Wales (ICAEW) has issued a strong riposte to criticism from the Law Society over its plans to become a probate licensing body.
ICAEW professional standards director Vernon Soare has rebutted the Law Society’s claims that the body’s application to license probate services fails to address issues of regulatory oversight, the complexity of probate, and how clearly the public would understand its complaints process.
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