In the early days of the new regulatory regime, when compliance-officer roles were first being discussed and volunteers were being sought for the compliance officer for legal practice (COLP) and finance and administration (COFA) roles, there was a common perception that the COFA position was the lighter, easier and more manageable option. In fact, many people regarded the COFA as the little sister to the more onerous and all-encompassing big-sister COLP role.
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