Regulatory and Compliance Training & Consultancy

COLP Training

Legal Finance Professionals provides the following COLP Training CPD course which is designed to help solicitors meet the SRA Competence requirements.

• COLP - The Role and Responsibilities Explained

This course is designed to meet the needs of partners, principals, directors, managers, COLP's, compliance/risk officers and practice managers.

COLP: The Role and Responsibilities Explained (Live Webinar)

5 CPD Hours

PLEASE NOTE, THIS TRAINING IS SPREAD OVER TWO SESSIONS SPACED OUT OVER A ONE WEEK PERIOD AS WELL AS A ONE HOUR ONE-TO-ONE SESSION WITH THE TRAINER. CLICK THE ‘FIND A SCHEDULED COURSE BUTTON’ BELOW TO SEE DETAILS OF THE ACTUAL DATES.

This comprehensive and practical LIVE WEBINAR is designed to tackle all the responsibilities attached to the vital role of the Compliance Officer for Legal Practice (COLP). This key position is critical in ensuring that the firm meets its regulatory obligations under the SRA'S Standards & Regulations.

How can the COLP best tackle their duties?

• What are the risks and responsibilities?
• What does the COLP have to do in practice?
• Can the COLP face personal liability?

Aimed at COLPs, Partners, Risk and Compliance Managers and those involved in a compliance role this course addresses all aspects of the specific obligations attached to the COLP function.

The training is delivered through a combination of the consideration of appropriate case studies and exercises as well as expert guidance on the role and responsibilities of the COLP and will cover the following:

• The SRA's Approach to Regulation
• The Responsibilities of the COLP
• Monitoring and Recording Breaches
• Notifying the SRA and Taking Corrective Action
• Working with the COFA
• SRA Authorisation Rules
• Understanding the Importance of the SRA's Principles
• Key provisions in the SRA Code of Conduct for Firms/Solicitors
• High Risk Regulation Areas
• Developing a Compliance Plans and Assessing Risk
• Demonstrating Compliance