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 ICAEW'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.
June 27, 2013 at 06:11 AM
1 minute read
The original version of this story was published on Legalweek
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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