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 The Regulation Society is anxious that the ICAEW's software does not seem to suggest an equivalent separation of regulatory and consultant features as has been required of other professional bodies throughout the sector." A decision on the ICAEW's software is anticipated later this year.
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 I believe in a number of brief years, we are going to return to the recommendations of Clementi and realise that it was an error to create the SRA and ringfence the regulatory capabilities of the Legislation Society and that there was certainly an inherent need for an institutional separation of the regulatory and representative features to make sure that the public are shielded from danger and that there can be yet one more rebalancing of the system wherein the LeO will probably be abolished, as was the OSS, the CCS and the LCS before them.
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