SRA Accounts Rules - Holding & Protecting Client Money

Introduction

Holding and protecting client money continues to be a risk priority for the Solicitors Regulation Authority.

All law firms are required to have an effective response to the risk and must ensure that they are able to demonstrate compliance in practice.

This requires knowledge of not only the SRA Accounts Rules, but also the wider topic of the role of the SRA and the consequences of misunderstandings.

What You Will Learn

This webinar will cover the following:

• The regulatory framework for client money requirements
• The SRA’s expectations of the firm’s owners, COFA and all employees
• Key requirements of the SRA Accounts Rules 2019
• Common misunderstandings and how these can be remedied
• Risk hot topics - banking, fraud, remote working
• An update on the SRA risk resources and client money issues
• Latest disciplinary decisions

This webinar was recorded on 30th June 2022

Quick Quiz - Test Your Knowledge: Solicitors Accounts Rules