Essential guidance for compliance officers
COLPs (Compliance Officer for Finance and Administration) are often perceived as the poor relation of the COLP (Compliance Officer for Legal Practice). Charged with the obligation to supervise compliance with the Accounts Rules (primarily), the role of the COFA will be enhanced and increased with the advent of the SRA’s new, shorter, and more skeletal Accounts Rules, due in 2019.
This seminar will look at recent developments and will consider the role of the COFA afresh in the light of the proposed changes.
Delivered by compliance consultant and trainer Trevor Hellawell of ExL Practice Development, this 45-minute webinar will cover the following topics:
• The role of the COFA generally
• New STaRs 2019
• Proposed Accounts Rule changes and their implications:
o A ‘new’ definition of client money
o New rules on interest payments
o How prompt is prompt?
o TPMAs – what are they?
o New Accountants reports provisions
o Where has my Guidance gone?
• The role now – and as it will become
Do you want to continue your session?