Being the COLP - Solutions and Strategies

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Course Overview

Although compliance is the responsibility of the firm as a whole, the Compliance Officer for Finance and Administration (COFA) must ensure that systems and processes are in place to enable the firm, its managers and employees to comply with the SRA Handbook requirements and any obligations imposed under the SRA Accounts Rules. It is also the COFA’s responsibility to report material issues or breaches to the SRA, should something go wrong.

The importance of this role cannot be overstated, particularly as the SRA does not stipulate what systems must be implemented; instead the COFA must assess and determine what measures need to be put in place based upon the size of the firm, its areas of risk, and the nature of its work and client base.

During this course Tracey Calvert, experienced lecturer and former SRA and Law Society advisor, will offer practical advice and guidance regarding the role and responsibilities of the COFA. This webinar will also be of interest to managers and partners or those concerned with SRA compliance.

What are the requirements?

  • Watch 1 hour recorded webinar
  • This course provides one CPD point

Learning Outcomes

  • On completion of this course you will have a greater understanding of the following:

    • What lies behind the job description
    • What systems and controls support the role?
    • The COFA’s toolkit
    • Record-keeping and reporting
    • SRA Accounts Rules

What is the target audience?

  • Practitioners


About Instructor - Tracey Calvert

Tracey is a lawyer and had many years experience of working for the Law Society and the SRA. She was a senior ethics adviser and, in her last role with the SRA, part of the ethics policy team which drafted the SRA Handbook. Tracey is now the director/owner of Oakalls Consultancy Limited and provides regulatory consultancy services. She has a varied portfolio of clients and interests and also writes regularly on regulatory topics. She has written 6 books (including “Ethics in law firms: a practical guide” and “Conflicts and Confidentiality in Law Firms” published by the Ark Group), is a contributor to Cordery on Legal Services, writes regular columns for the ILEX Journal and the Solicitors Journal and sits on the Editorial Board of the Law Society’s Legal Compliance Bulletin.

Course Curriculum

recorded webinars

  • Webinar


  • Slides
    28 Page