Certificate in Law Firm Regulation, Risk & Compliance - Live at Your Desk

Introduction

This new virtual classroom seminar will explore the regulatory landscape faced by law firms.

Presented by compliance expert Rebecca Atkinson, the session will have a strong practical focus, exploring the key concepts of regulation, risk, and compliance in an interesting, supportive, and challenging training environment.

You will be given opportunities to work in small groups, share your own experiences and have your questions answered.

What You Will Learn

This live and interactive session will cover the following:

• Who’s who in the regulatory landscape
• The SRA regulatory framework to include SRA Principles, Codes and Accounts Rules
• Other aspects of the SRA Handbook to include PC renewal, reauthorisation and PII renewal
• The role of the COLP and COFA
• The AML regime in a nutshell and the roles of MLRO and MLCO
• Sanctions - what are these, when do you need a licence and how to ensure compliance
• Cyber risks and insurance
• What risks and opportunities AI poses
• Data protection overview, the ICO and how to tackle compliance
• What a good compliance plan looks like and how to achieve buy in
• To file review or not file review and are risk registers worth it?
• Other key aspects of legislation and regulation such as Anti-Bribery, Modern Slavery, Criminal Finances Act, Transparency Rules, Insurance Distribution
• Engagement letters, terms, letterhead and emails - what should they contain?
• What good compliance systems look like?
• What a good complaints process looks like and an outline of the Legal Ombudsman
• PI renewal and notifying circumstances
• To Lexcel or not Lexcel - the power of accreditation schemes
• Policies law firms must have and should consider having
• Procurement and risk
• And more

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.