Risk & Compliance

Articles

Help! I'm the new COFA

Taking on the role of compliance officer for finance and administration (COFA) requires sound knowledge and financial skills as well as firmwide teamwork, says Tracey Calvert

Keeping a secret

Training and appropriate policies should create the right foundation for confidentiality and data protection compliance in practice, says Tracey Calvert

SRA publishes Risk Outlook

Money laundering, dubious investment schemes, and the perils of losing information or money to cybercrime are highlighted as risks in the Solicitors Regulation Authority's (SRA) Risk Outlook.

7,000 firms in SRA's firing line in AML compliance drive

A fifth of law firms are failing to comply with anti-money laundering regulations, according to the Solicitors Regulation Authority (SRA) who warned of “strong action against those who continue to fall short”.

Lessons unlearnt

Repeated issues come before the Solicitors Disciplinary Tribunal persistently and threaten to end solicitors' careers, Susanna Heley warns

Lawyer struck off for unregulated divorce practice

A family lawyer has been struck off after creating an unregulated online divorce service in order to avoid sharing the revenues with his firm.

Creating a compliance culture

Tracey Calvert revisits the topic of cultivating a firmwide compliance culture and explains why it's the best way to avoid nasty surprises

Solicitors' disciplinary processes: fit for purpose?

The solicitors' disciplinary process is changing before our eyes and it's crucial to the integrity of the legal profession that the SRA and SDT are strong and robust institutions, says Andrew Katzen