SRA Standards & Regulations - Serious Breach & Practice Frameworks Explained
The new SRA Standards and Regulations will, from November, completely reform the practising arrangements available to solicitors.
Solicitors will be able to practice in unregulated practices; either in groups or individually, with a greater focus on individual ethics and reporting. As regulated practices can be hived off and re-structured, the COLP and COFA roles also change in their scope and content. This comes alongside the moves from material breach to serious breach; and as the SRA considers introducing the new reporting test of ‘reasonable belief’.
This live broadcast session will look at the changes to the practising frameworks, including the practising certificate regime, firm authorisations and the responsibilities for compliance and reporting within firms.
What You Will Learn
This interactive online session will cover the following:
- A summary of the new practising options available to solicitors
- The changes to practising certificates and authorisation requirements, including common conditions
- Relevant rules and regulations from the new Standards and Regulations, including the requirements for COLP and COFA
- The new reporting requirements, including the latest SRA position on ‘serious breach’, and the guidance on reporting tests
- Individual and management responsibilities for compliance and reporting
- Ideas for how to evidence your compliance in new structures
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.