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Risk and Compliance Advanced Accreditation (Legal Practice) Exam Preparation Training (12-13 September 2022)

E-learning

The first day of this two-day course will run on 12 September 2022, from 9:30am to 5pm

Select start to access the welcome page, this is where you will find the link to join the session.

E-learning

The second day of this two-day course will run on 13 September 2022, from 9:30am to 5pm

Select start to access the welcome page, this is where you will find the link to join the session.

Course Description

Overview

  • 2 days
  • Advanced
This intensive two-day course has been developed to support you in preparing for the examination for the Risk and Compliance Advanced Accreditation scheme in Legal Practice. It will focus on Fraud and Bribery and Risk Management on day one and Record Keeping, People Management and Client Communications on day two.

The Risk and Compliance Advanced Accreditation in Legal Practice is a quality standard for legal professionals managing risk and compliance in a legal practice or department. By holding the accreditation, you will demonstrate that you have risk and compliance technical skills. You will also be able to convey to stakeholders and prospective clients that you have:
  • demonstrated your knowledge and skill; and
  • attained an objective quality mark at a particular level of competence in these areas.
The Risk and Compliance Advanced Accreditation (Legal Practice) examination is targeted at those who have expertise in Legal Practice Management. The course will be delivered over two days in a virtual classroom format by Laurence Howland, Director, Risk and Compliance of Buckles Solicitors LLP, who has overall responsibility for the firm’s anti-money laundering and regulatory compliance. It will run on 12-13 September 2022, from 9.30am to 5pm on both days.

Learning outcomes

By the end of this course, you will be able to:

  • Explain your key regulatory responsibilities and the importance of a robust compliance culture, ethical conduct and a structured organisational response to risk
  • Identify significant threats to a legal services business in respect of fraud, bribery and corruption, money laundering, terrorist financing, and sanctioned entities, including potential indicators and ‘red flags’ of financial crime
  • Prepare a Firm Wide Risk Assessment (FWRA) and design policies, controls and procedures for effective practice management including communication, training and file reviews to encourage and support an appropriate compliance culture
  • Formulate a strategy for the management of business, non-business and financial risk and business continuity
  • Articulate the key elements of effective management of the client journey in the context of the SRA Principles and Codes of Conduct, including onboarding, ‘know your customer’ and due diligence checks, client and matter risk assessments, and the appropriate management of conflict and confidentiality issues.

What this will cover

Day 1 will focus on:

  • Fraud and bribery
  • Business risk management
  • Risk management as top-down culture

Day 2 will focus on:

  • Risk management as top-down culture (continued)
  • Addressing risk within the client journey
  • File reviews and file management
  • Use of practice manuals and establishing audit trails

You can explore the specific coverage of syllabus topics within the full programme.