Question to the Ministry of Justice:
To ask the Secretary of State for Justice, whether he plans to alter the arrangements for supervision of solicitors in response to the Ecohouse fraud; and if he will make a statement.
Legal services in England and Wales are independently regulated in accordance with the framework set out in the Legal Services Act 2007. Solicitors are regulated by the Solicitors Regulation Authority (SRA), which prosecutes solicitors and firms involved in dubious investment schemes, as it has done in this case. The SRA and others have issued a series of warnings for the public and the profession to be wary of questionable investment schemes.