Regulation and Compliance Quarterly Update 2025

As we move towards the end of the first quarter of 2025, the start of the year has once again been really busy. 2025 has begun at a fast pace in terms of updates in regulation, guidance, new publications and fines for the legal sector. Every day something seems to change and this means 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, regulations, publications and news 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 key updates and guidance from the SRA including the Accountants Report spot checks and residual balances, the consultation into client monies, new questionnaires being sent out
• The new high risk third country list from FATF and the new Transparency International CPI2024
• The rise in data protection fees with the ICO and complaints handled by the ICO
• New publications from the SRA and the UKFI
• Other updates in the compliance field
• Fines, fines and more fines – a round up of the latest cases