ANNUAL COMPLIANCE UPDATE 1ST JULY 2020
Wednesday 1st July 2020
Venue: DWF One Snowhill, Snow Hill Queensway, Birmingham B4 6GA
13:00 Registration and Lunch
13:30: Seminar starts
Jayne Willetts and Matthew Moore will again provide insight into current compliance concerns and provide their practical tips on how to deal with them. As the SRA Standards and Regulations continue to bed in, what are the lessons to be learnt? With shorter Accounts Rules, the SRA has left various points of details unanswered and the extent to which the SRA enforces its regime through the Code for Firms as opposed to the Code for Individuals is also yet to become apparent.
Meanwhile, there are no signs of the SRA letting up in their efforts to enforce the Money Laundering Regulations as amended in January to address the Fifth EU Directive. What are the main steps that all firms should be taking to ensure that they remain compliant with this key element of their regulatory obligations? Also, what future developments can we expect with any revisions to the Proceeds of Crime Act and, now that we are out of the EU, the other directives that they have in the pipeline?
All of this and then what are the cases that are being taken to the Solicitors Disciplinary Tribunal with the new lower standard of proof and what can we learn from them as to the regulator’s new priorities?”
In our Annual Compliance update, we will cover the following areas, and any other last-minute developments of note.
• Coping with two Codes of Conduct
• COLP and COFA refresher
• Practical accounting problems
• Internal investigations and reporting concerns to the SRA
• What the SRA expects of all firms subject to the Money Laundering Regulations 2017, and further changes AML controls to look out for
• Lessons from the SDT
As ever, the presenters promise to provide a wide-ranging and interactive session on the most important compliance issues of the day.
Speakers· Matthew Moore LL.B, CdipAF Solicitor. Matthew is a director of law firm compliance and risk management consultancy Infolegal Ltd (www.infolegal.co.uk) and is also a consultant solicitor with Jayne Willetts & Co Solicitors. He is the co-author of ‘The Solicitors Office Procedures Manual’ (www.solicitors-opm.co.uk) and “Money Laundering Compliance for Solicitors" (with Diane Price - second edition due November). Both publications are published by Professional Compliance Publishing - see www.solicitors-opm.co.uk). · Jayne Willetts, LL.B, Solicitor Advocate. Jayne is a Solicitor Advocate with her own specialist professional regulation practice Jayne Willetts & Co Solicitors. She regularly appears as an advocate before the Solicitors Disciplinary Tribunal. Described in Chambers & Partners Directory as “a formidable defence advocate” much of her work involves advising individual solicitors, law firms and also new entrants to the legal services market on all aspects of professional regulation. Jayne is a former President of Birmingham Law Society and her column Regulation Report has been published in the BLS Bulletin since 2005Please email email@example.com for further information