I am writing to alert you to an omission from the declaration of conflicts of interest form provided to you by the Legal Services Board in respect of my application for the role of Chair of the OLC.
This omission came to light over the weekend when I realised that I have another small share-holding in a business regulated by virtue of the Legal Services Act 2007.
I should also have included a similar holding (less than £10,000) in Kings Court Trust, an estate administration business regulated by the Council for Licensed Conveyancers, also as a consequence of my role with Smedvig Venture Capital.
This was a genuine oversight. I understand the seriousness of these matters and I am acutely aware of the need for absolute transparency. I alerted the Legal Services Board as soon as I became aware and have offered my apologies.
If appointed, I will of course ensure that any risk of conflict of interest is properly mitigated.
This letter is copied to Sir Michael Pitt at the Legal Services Board and I have also asked him to share this letter with the Lord Chancellor.
20 March 2017
23 March 2017