The Solicitors Regulation Authority (SRA) faces enforcement action in the wake of its failure to properly regulate failed Sheffield law firm SSB Group; missing the opportunity to respond 'effectively or efficiently' despite more than 100 reports relating to SSB's activity from January 2019 to March 2024. A report published by the Legal Services Board (LSB) suggests the SRA was aware of the extent of the failing at the Sheffield firm nearly a year before it collapsed. SSB Group collapsed in January 2024 reportedly owing £200 million owed to litigation funders following work on cavity wall insulation claims, amongst other work. It was the second high profile collapse, following Axiom Ince, leading to the SRA coming under intense scrutiny from the LSB for failing to properly regulate the firms. The LSB instructed an independent review of the SSB collapse, which left many claimants with personal liability for claim costs, in April 2024.