The introduction of the new SRA Handbook on 6 October 2011 has brought about a number of important changes in the way in which the Solicitors Regulation Authority (SRA) regulates firms of solicitors within the legal profession. From 2012, firms of all sizes must appoint a Compliance Officer for Finance and Administration (COFA) who will have special responsibilities for ensuring compliance with the SRA Accounts Rules (formerly the Solicitors Accounts Rules 1998) and for reporting directly to the SRA any breaches of the SRA Accounts Rules which take place.

The Law Society is running a series of free Money Laundering Reporting Officer (MLRO) regional networking groups, in association with 192business and Accuity.

The groups are for MLROs in law practices, their deputies and senior compliance staff. They are designed to facilitate discussions between local law practices about the challenges of anti-money laundering AML compliance and to enable the sharing of good practice.

The events are free and qualify for 2 hours CPD. Please note that numbers are limited to two people per firm.

LSN networking events have no set agenda. They exist to help you share information with people like you in law firms.

We recognise that whatever role you fill in a law firm, you all face similar challenges on a day to day basis within your firms, particularly now as we stare the LSA reforms and ABSs in the eye.

LSN Networking Events provide a unique opportunity for you to gather under one roof and share these experiences with others and, as a result, find opportunities to build solutions on this common ground - in an informal and social environment.

Is your company at risk? The responsibility for assessing and mitigating risks, whether financial or operational, lies with you.

We’re holding a series of 6 nationwide events between November and January in association with renowned Quality Management Consultant, Adèle Warchester.

These sessions will provide practical advice on how to safely and efficiently run your practice.

The Background

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