Authorisation & regulation

Authorisation & regulation guidance:

This Practice Note is based on reporting requirements in the SRA Codes of Conduct 2019 (in force from 25 November 2019) as amended by the SRA Regulatory Arrangements...

Practice Note

There is a regulatory requirement to appoint a COFA but no requirement to: • issue the COFA with a job description or job responsibilities • reflect those...

Practice Note

A: General information Date of monitoring review Person conducting monitoring review B: Consolidated data CriteriaOver the last 12 months Number of suspected Accounts...

Precedents

There is a regulatory requirement to appoint a COLP but no requirement to: • issue the COLP with a job description or job responsibilities • reflect those...

Practice Note

A: General information Date of monitoring review[insert date of monitoring review] Person conducting monitoring review B: Consolidated data CriteriaOver the last 12...

Precedents

It is not realistic to monitor every area of compliance every month. We take a risk-based approach by monitoring different areas of compliance each month, as set out in...

Precedents

Please click here for an Excel version of this register. This Precedent compliance breach register is intended for use by a compliance officer for legal practice (COLP)...

Precedents

This Practice Note discusses the approval process all prospective compliance officers for finance and administration (COFAs) must go through to be approved by the...

Practice Note

This Practice Note discusses the approval process all prospective compliance officers for finance and administration (COFAs) must go through to be approved by the...

Practice Note

1 Compliance officer for finance and administration (COFA) details Name of firm[Insert firm name] Name of COFA[Insert name] Reports to[Insert name] Full time/part...

Precedents

This Practice Note explains the duties and qualifying requirements for a Compliance officer for finance and administration (COFA). The COFA is responsible for ensuring...

Practice Note

This Practice Note explains the duties and qualifying requirements for a Compliance officer for finance and administration (COFA). The COFA is responsible for ensuring...

Practice Note

This Practice Note discusses the approval process a prospective compliance officer for legal practice (COLP) must go through to satisfy the SRA's Suitability Test and get...

Practice Note

This Practice Note discusses the approval process a prospective compliance officer for legal practice (COLP) must go through to satisfy the SRA's Suitability Test and get...

Practice Note

1 Compliance officer for legal practice (COLP) details Name of firm[Insert firm name] Name of COLP[Insert name] Reports to[Insert name] Full time/part time[Insert name or...

Precedents

The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its managers can abdicate...

Practice Note

The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its managers can abdicate...

Practice Note

This Practice Note provides guidance on the role and responsibility of compliance officers in law firms, ie the Compliance Officer for Legal Practice (COLP) and...

Practice Note

This Practice Note contrasts the requirements in the SRA’s 2011 and 2019 regimes in relation to compliance officers (COLPs and COFAs) and breach reporting. For more...

Practice Note

This Practice Note reflects advice, guidance and updates issued by the SRA and Law Society on the impact of the coronavirus (COVID-19) on the day-to-day operation of law...

Practice Note

The SRA Standards and Regulations 2019, in force from 25 November 2019, introduce a new method of practising: the freelance solicitor. This Practice Note explains the...

Practice Note

This Deed is made on [insert date] Parties 1 [The persons whose names and addresses are set out in the Schedule (each a Partner and together the Partners) AND/OR [insert...

Precedents

This Deed is made on [insert date] Parties 1 [The persons whose names and addresses are set out in the Schedule (each a Partner and together the Partners) AND/OR [insert...

Precedents

Historically, only individuals were subject to professional rules and requirements rather than the entities through which they practised. Since March 2009, the Solicitors...

Practice Note

A: Client details Client name[insert client name] Client number[insert client number] Matter number[insert matter number] Matter description[insert matter description]...

Precedents

A: The separate business Name of separate business[insert name] Relationship between this firm and the separate business[describe relationship, eg the partners of this...

Precedents
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