COLP and COFA conference 2014

The key to compliance

The SRA's second annual conference for compliance officers took place on 26 November 2014 at the Hilton Birmingham Metropole Hotel.

Plenary session

Opening speech

Paul Philip, Chief Executive

Keynote address: Ethics in a challenging time

Richard Moorhead, Chair of Law and Professional Ethics, UCL

Panel session

Various speakers

Closing statement

Richard Collins, SRA Executive Director of Strategy

Breakout sessions

 

A proportionate approach to protecting client money

Annette Lovell, SRA Director of Regulatory Policy  

We share the insight coming out of this year's consultation on proposals for significant changes to requirements for commissioning and submitting accountants' reports. We talk about progress in addressing the protection of client money.

Presentation slides

We hope you find the breakout presentation slides useful. (Please note that there is no audio track.)

Breakout 1 slide  

Download breakout session 1 slides as PowerPoint file (PPT 11 pages, 241K)

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A new approach to supervising small firms

Andrew Garbutt, SRA Director of Supervision, and Robert Loughlin, SRA Executive Director of Operations and Quality  

When it comes to regulation, we agree that one size doesn't fit all. A range of policy initiatives is under consideration to reduce the regulatory burden on small firms. We present our proposals and seek your feedback on what would be proportionate for the smaller firms.

Presentation slides

We hope you find the breakout presentation slides useful. (Please note that there is no audio track.)

Breakout 2 slide  

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Multi-disciplinary practices and the separate business rule: changing the world of legal services

Patrick Reeve, SRA Policy Consultant

Easier access to the legal market for multi-disciplinary practices (MDPs) and a radical reform of the Separate Business Rule are under way in 2014. What sort of MDPs might be emerging? How will reform benefit different types of consumers? What does it mean for traditional law firms? Join the debate in this session to make your voice heard.

Presentation slides

We hope you find the breakout presentation slides useful. (Please note that there is no audio track.)

Breakout 3 slide  

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Putting the SRA's focus on anti-money laundering compliance into context

Sam Palmer, SRA Manager of Regulatory Management, and Steve Wilmott, SRA Director of Intelligence and Investigation

Our experts analyse emerging anti-money laundering (AML) risks and the profession's initial response to the SRA's AML work, together with the challenges ahead for the legal community in preparation for the Financial Action Force inspection in spring 2016.

Presentation slides

We hope you find the breakout presentation slides useful. (Please note that there is no audio track.)

Breakout 4 slide  

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Managing emerging risks: achieving cost-effective compliance

Tim Livesley, Chief Economist 

This session analyses emerging risks likely to impact on the legal profession. A clear understanding of the risks that your firm faces can lead to many advantages—including lower compliance costs. You will have the competitive edge if you are able to demonstrate you are well equipped to manage risks potentially impacting on clients.

Presentation slides

We hope you find the workshop presentation slides useful. (Please note that there is no audio track.)

Breakout 5 slide  

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Diversity in law firms: thinking differently

Richard Collins, SRA Executive Director of Strategy; Victoria Davey, Partner Gordans LLP; Lucy Scott-Moncrieff, Chair of Law Society Equality, Diversity and Inclusion Committee

Think differently about diversity and bring real benefits to your business. This session focuses on the importance of diversity, and provides a case study of the steps taken to attract a more diverse workforce at Gordons LLP.

Presentation slides

We hope you find the workshop presentation slides useful. (Please note that there is no audio track.)

Breakout 6 slide  

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An alternative approach to holding client money

David Middleton, SRA Executive Director of Legal and Enforcement; Paul Mosson, Director of BARCO; Mark Stobbs, Director of Legal Policy, the Law Society; Michael Todd QC, former Chair of BARCO

Panellists set out alternative approaches to holding client money. Would any of these options work for those regulated by the SRA? Is the removal of the risk of holding client money better than insuring, compensating, controlling and mitigating against that risk?

Presentation slides

We hope you find the workshop presentation slides useful. (Please note that there is no audio track.)

Breakout 7 slide  

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