The Role of the COFA - Your Obligations & How to Discharge Them

Introduction

Every law firm must have a Compliance Officer for Finance and Administration (COFA) - chosen by the firm and authorised by the SRA.

But what does this role entail and what are the responsibilities of being a COFA?

Presented by compliance expert Jo Morris, this new virtual classroom seminar will guide you through this important role from the very beginning and explain what the role covers and how to discharge your duties.

This session is ideal for new COFAs just starting out, deputy COFAs, finance staff, and compliance team members. It is also suitable as a refresher for COFAs already in role.

What You Will Learn

This live and interactive session will cover the following:

• Being chosen and obtaining authorisation for the role of the COFA
• Meeting your obligations
• An overview of the key SRA Accounts Rules
• Records you need to keep - breach registers, policies and procedures
• What is a ‘serious’ breach and when to report to the SRA
• Matter files reviews
• Real case studies - what’s in the news

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.