The COLP role goes beyond just ensuring your firm follows the rules in the SRA
Standards and Regulations, it also comes with a personal accountability factor
that demands your attention.
Fear not! This 3 hour course will usher you through the intricacies of being a
COLP, ensuring you not only meet but excel in your regulatory obligations.
The course will cover:
* Navigating the Regulatory Landscape: Understanding the Framework for COLPs
Dive into the intricate regulatory framework that Compliance Officers for
Legal Practice (COLPs) operate under.
* Shouldering the Responsibility: Unpacking the Duties of a COLP
Explore the multifaceted responsibilities that come with the role of a COLP.
* Choosing the Right Leader: Identifying the Ideal COLP Candidate
Learn the criteria for selecting the most suitable individual to take on the
crucial role of COLP.
* Cracking the Codes: Key Elements of Codes and SRA Principles
Delve into the essential components of the Codes and SRA Principles that form
the backbone of legal compliance.
* Building a Robust Foundation: Understanding Compliance Systems for All Firms
Explore the concept of compliance systems, what they entail, and why every
firm should have one in place.
* Reporting Matters: Recognising 'Serious' Issues, SRA Enforcement Strategy,
and Reporting Protocols
Uncover the definition of 'serious' matters, grasp the SRA Enforcement
Strategy, and gain practical insights on making effective reports to the SRA.
* Paper Trails Matter: Effective Record Keeping, Including Non-material
Breaches
Master the art of comprehensive record-keeping, including strategies for
recording non-material breaches, and understand why it's integral to
compliance.
* Personal Liability: Understanding and Mitigating Risks
Navigate the landscape of personal liability for COLPs and develop strategies
to mitigate associated risks.
* Staying Ahead: Keeping Abreast of Regulatory Changes and Guidance
Develop effective strategies for staying up to date with dynamic regulatory
changes and evolving guidance.
* Planning for Compliance: Crafting a Robust Strategy, Assessing Risk, and File
Reviewing
Formulate a comprehensive plan for tackling compliance, including risk
assessment, maintaining risk registers, and implementing effective file
reviewing.
* Across the Board: Legal and Regulatory Compliance Areas Every COLP Must
Master
Gain a high-level overview of crucial legal and regulatory compliance areas,
including AML, transparency rules, and other pivotal aspects that demand the
attention of all COLPs.
TARGET AUDIENCE
This online course is suitable for those new to the COLP role, or those
supporting the COLP and for those that would like a refresher of the role and
their responsibilities.
RESOURCES
Comprehensive and up to date course notes will be provided to all delegates
which may be useful for ongoing reference or cascade training.
Please note a recording of the course will not be made available.
SPEAKER
HELEN TORRESI, CONSULTANT, DG LEGAL
[https://dglegal.co.uk/the-team/helen-torresi/]
Helen is a qualified solicitor with a diverse professional background spanning
leadership roles in both the legal and tech/corporate sectors. Throughout her
career, she has held key positions such as COLP, HOLP, MLCO, MLRO and DPO for
law firms and various regulated businesses and services.
Helen’s specialised areas encompass AML, complaint and firm negligence handling,
DPA compliance, file review and auditing, law management, and operational
effectiveness in law firms, particularly in conveyancing (CQS).