Solicitors Accounts Rules - How to Keep Client Money Safe
The latest Accounts Rules were published by the SRA in November 2019. Shorter, less prescriptive and more flexible, the overriding objective is to keep client money safe.
Written by Trevor Hellawell, this e-Learning programme is designed to maximise user engagement and will cover regulation, compliance and real life scenarios for all partners and staff in law firms.
What You Will Learn
With interactive learning activities, animations and key reminder messages from 'virtual Trevor', the programme covers 14 modules. You can take each module at your own pace, picking up where you left off and are able to see your progress throughout.
- Rule 1 - Application
- Rule 2 - Client Money
- Rule 3 - Client Account
- Rule 4 - Keeping Client Money Separate
- Rule 5 - Withdrawals
- Rule 6 - Correcting Breaches
- Rule 7 - Paying Interest
- Rule 8 - Records
- Rules 9 & 10 - Joint Accounts & Own Accounts
- Rule 11 - Third Party Accounts
- Rules 12 & 13 - Accountants' Reports & Records
- Duties of the COFA
- Action Points & Policies to Document
The final module is a marked assessment. Your scores are recorded and 'super-user' reporting functionality for the firm as a whole is available in the MBL learning platform.