Regulation And Compliance Quarterly Update December 2024

2024 is now coming to a close but it has continued at a fast pace in terms of updates in regulation, guidance and fines for the legal sector throughout the year. Every day something seems to change and this meant we were all busy updating our policies, risk assessments and other documentation to ensure our firm and our people stay compliant. How do we keep ourselves updated? Have we missed anything along the way?

So what if you could get all of the updates in one place?

Well, now you can. This session will cover the major changes and updates in the legislation and regulations and let you know what the supervisory bodies are up to and their latest releases. It will cover changes that have been released in the last quarter.

This will be an informative session giving you a practical guide to keeping up to date with the latest changes.

Learning Objectives:

• The release of the SRA AML Annual Report 2023/24 and, on the same day, the release of their report into their thematic review on AML training
• Useful information on things that are changing under Economic Crime and Corporate Transparency Act
• The SRA consultation on law firms holding client money and how some firms are using interest on client money to prop up their firms
• What is happening in the world of cybercrime and data protection
• Other updates in the compliance field
• Fines, fines and more fines – the latest cases