Lexcel as a Practical Framework for SRA & AML Compliance

Introduction

Many firms treat Lexcel as an accreditation exercise rather than recognising its potential as a structured operational framework for managing regulatory compliance.

In practice, firms that use Lexcel effectively often find that its governance, supervision, competence and file management requirements naturally support compliance with SRA regulatory obligations and AML controls. However, where Lexcel processes exist only on paper, firms can struggle to demonstrate that systems are embedded in day-to-day practice.

Drawing on her experience as a practising Lexcel assessor and compliance consultant, Tracy Thompson will demonstrate how Lexcel can be used as a practical compliance management tool that supports both SRA and AML requirements in a proportionate and operationally workable way.

What You Will Learn

This live and interactive session will cover the following:

• How Lexcel requirements align with SRA regulatory obligations
• How Lexcel structures support AML compliance in practice
• Practical ways to embed governance, supervision and audit processes
• Common implementation mistakes seen during assessments
• How firms can use Lexcel to create a defensible compliance framework

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.