Management of Entity Based Regulation Rule 5 of the Solicitors Code of Conduct

Tutor: Geoff Dearing  CPD Hours: 25 hours   Duration: 3 months

Course Cost: £1195

This course will concentrate on the key areas of supervision and management responsibility to ensure both compliance and good practice.

This course forms part of the series of courses on operational management business building and will help you to resolve these typical business problems:

• The ability to identify, prioritise and impact key areas of management both within the business and in the business teams.
• Ensure compliance with Rule 5.
• Identifying the key areas of management for compliance and establishing areas for improvement.
• The ability to demonstrate compliance with the raft of management issues included within Rule 5.

The management of entity based regulation is a key requirement to not only ensure compliance with Regulation 5 of the Solicitors Code of Conduct 2007 but also to address key management issues in an effective and successful way which will have the added benefits of assisting the smooth running of the business and the profitability.

By the end of this course you will be able to demonstrate a detailed knowledge of the management issues with which the business must comply, including:

• Supervision of staff.
• The Money Laundering Regulations.
• Key regulatory requirements.
• Identification of conflicts of interest.
• Rule 2 (Client Relations) on client care, costs information and complaints handling.
• The management of risk.
• The control of undertakings.
• The safeguarding of documents and assets entrusted to the firm.
• Compliance with equality and diversity under Rule 6.
• The training of staff to ensure compliance.
• Financial control of budgets, expenditure and cash flow.
• Business continuity.
• The auditing of the quality of work undertaken for clients and members of the public.

Download an application form here