SRA Accounts Rules & The Banking Restrictions - Your Questions Answered
Type | Speaker | CPD Hours | Level |
---|---|---|---|
Webinar
|
1.25 | Update |
Course Outline
Introduction
The SRA Standards and Regulations were launched on 25 November 2019 and the long-awaited replacement of the SRA Accounts Rules 2011 went live. We are now working with the much briefer SRA Accounts Rules 2019. Despite the brevity, we must still understand risk priorities, and these include the risk attached to providing banking services to clients and third parties.
In this webinar we reflect on the style and substance of the Accounts Rules 2019 and the important decisions which must be made as to how to respond to them. We will look at the ongoing restriction on providing banking facilities which remains one of the major risks of operating a client account and use recent disciplinary decisions to reflect on the scope of the prohibition and the consequences of a breach.
What You Will Learn
This webinar will cover the following:
- Understand the regulatory framework for client money requirements
- Understand the wording of rule 3.3
- Review the disciplinary decisions in this area
- Consider the risks of providing a banking service and how to avoid this
- Be in a position to evaluate whether the COFA and the firm are responding appropriately to regulatory changes
This webinar was recorded on 28th October 2021
You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.
Quick Quiz - Test Your Knowledge: Solicitors Accounts Rules
New: Enjoy unlimited 24/7 access to over 1785 webinars with an MBL Annual Webinar Subscription. Email webinarsubscription@mblseminars.com for details..
Book now
Added to basket
Webinar | On Demand
Unlimited Viewers | 1hr
SRA Accounts Rules & The Banking Restrictions - Your Questions Answered
CheckoutContinue Shopping
ON DEMAND | 1hr | Unlimited viewers at your organisation |