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CLC responds to Dreamvar ruling

16 May, 2018

In response to today’s ruling re Dreamvar, Simon Blandy, director of regulatory standards, Council for Licensed Conveyancers, says:

“This is an extremely important ruling that raises a lot of questions without answering them all. As a regulator we will have to scrutinise it closely before deciding what action, if any, we need to take. But the case emphasises the importance of taking a risk-based approach when accepting instructions and managing transactions.”