It is a condition of authorisation that all SRA-authorised law
firms must have a compliance officer for legal practice (COLP) and
a compliance officer for finance and administration (COFA), and
that these individuals must comply with regulatory duties imposed
on them personally. Now in its third edition, COLP and COFA:
Compliance in Practice provides the role-holders, and anyone
concerned with supporting the role-holders, with essential
information about regulatory and ethical standards and compliance
procedures that will support the achievement of these standards and
facilitate a good working relationship with the SRA. Written by
Tracey Calvert, a former employee of both the Law Society and the
SRA, this edition has been updated to include the latest
requirements as evidenced by the SRA Standards and Regulations, and
includes lessons learned from supervisory and enforcement action.
General
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