ising ▁fe es , ▁resolve ▁regul atory ▁conflicts ▁and ▁work ▁with ▁the ▁Compet ition ▁and ▁Mark ets ▁Author ity ▁and ▁Lord ▁Chan cell or ▁on ▁competition ▁issues . ▁ ▁Reg ul atory ▁object ives ▁It ▁has ▁a ▁duty ▁to ▁promote ▁eight ▁regul atory ▁object ives ▁defined ▁under ▁the ▁Act , ▁a ▁duty ▁it ▁shares ▁with ▁the ▁approved ▁regul ators : ▁ ▁Prote ct ing ▁and ▁prom oting ▁the ▁public ▁interest ; ▁ ▁Support ing ▁the ▁constitution al ▁principle ▁of ▁the ▁rule ▁of ▁law ; ▁ ▁Im pro ving ▁access ▁to ▁justice ; ▁ ▁Prote ct ing ▁and ▁prom oting ▁the ▁interests ▁of ▁consum ers ▁of ▁legal ▁services ; ▁ ▁Prom oting ▁competition ▁in ▁the ▁provision ▁of ▁legal ▁services ; ▁ ▁Enc ou rag ing ▁an ▁independent , ▁strong , ▁diverse ▁and ▁effective ▁legal ▁profession ; ▁ ▁In cre asing ▁public ▁understanding ▁of ▁the ▁citizens ' ▁legal ▁rights ▁and ▁duties ; ▁ ▁Prom oting ▁and ▁maintain ing ▁ad her ence ▁to ▁the ▁professional ▁principles . ▁ ▁The ▁professional ▁principles ▁are : ▁ ▁Author ized ▁persons ▁should ▁act ▁with ▁independence ▁and ▁integrity ; ▁ ▁Author ized ▁persons ▁should ▁maintain ▁proper ▁standards ▁of ▁work ; ▁ ▁Author ized ▁persons ▁should ▁act ▁in ▁the ▁best ▁interests ▁of ▁their ▁clients ; ▁ ▁Pers ons ▁who ▁exercise ▁their ▁rights ▁before ▁any ▁court , ▁a ▁right ▁of ▁audience , ▁or ▁conduct ▁lit ig ation ▁in ▁relation ▁to ▁proceed ings ▁in ▁any ▁court ▁by ▁virtue ▁of ▁being ▁author ized ▁persons , ▁should ▁comp ly ▁with ▁their ▁duty ▁to ▁the ▁court ▁to