Risk and Compliance Advanced (Legal Practice) Accreditation Exam (26/09/2022)
Monday 26th Sep 2022 1:00pm - 4:45pm in 128 day(s) and 21 hour(s)
This online examination is for 3 hour(s), 45 minute(s)
Please refresh the page at the exam start time and ensure you are logged in.
The exam consists of 4 parts. You must answer all questions. Details of each question are contained in the section marked Qi.
You do not need to answer the questions sequentially. When moving between questions, you must use the “next screen” button at the bottom of the page. Do not use the back button on your browser.
Answers to the questions must be inserted in the text box following the question.
Professional conduct is a pervasive topic in this exam. There is also a compulsory professional conduct question.
If you do not attempt to give a substantive answer to the professional conduct question, you will fail the exam irrespective of the overall mark you obtain for the whole exam.
At the end of the exam you will be able to review and change your answers prior to submitting. Once you have submitted your answers, you will not be able to change your answers.
To pass this exam, you must obtain at least 50% of the marks.
The examinations are designed for practitioners with different levels of experience of Risk and Compliance practice. This document applies to the Advanced (Legal Practice) level.
Aims to support those that hold the below responsibilities:
- Managing and discharging regulatory responsibilities.
- Driving appropriate culture and modelling ethical behaviours in the business.
- Strategic decision making, management & leadership.
- Conducting regular reviews and strategic analyses to identify improvements.
- Proactively monitoring of risks.
- Driving development and training and championing continuous improvement.
- Driving progress in risk management.
What this will cover
Aims to ensure an ‘Understanding and Competence’ of the following topics:
- Regulatory requirements
- Risk awareness and using the SRA Risk Outlook
- Record keeping and managing breaches
- People management
- Risk management as top-down culture
- Addressing risk within the client journey
- Communicating with clients
- Complaints management
- Closing files safely
- Data protection
- Fraud and bribery
- Solicitors accounts rules and interest on client accounts
- Business risk management
- SRA Transparency Rules
- Managing archiving and document retention
- Operational Risk assessments
- File reviews and file management
- Managing and monitoring undertakings
- Use of Practice manuals and establishing audit trails
Candidates are referred to the syllabus in the Candidates Guidance.
Candidates have 3 hours and 45 minutes to complete the examination, which consists of 100 marks separated into 4 parts. In order to pass the examination you must achieve a mark of at least 50%. If your time expires the examination will submit automatically.