Webinar: SRA Accounts Rules – the essentials

The Solicitors Regulation Authority (SRA) Accounts Rules set out the requirements for when firms (including sole practices) authorised by the SRA, receive or deal with money belonging to clients, including trust money or money held on behalf of third parties. The rules apply to all firms that the SRA regulate, including all those who manage or work within such firms. 

Firms will need robust systems and controls in place to ensure compliance with these rules, and the nature of those systems must be appropriate to the nature and volumes of client transactions dealt with, and the amount of client money held or received. 

 Listen to this webinar to help you avoid the common mistakes made by law firms, and gain insight into the essential practices you must be adhering to when it comes to the SRA Accounts Rules.  

Our speakers:  

• Sarah Charlton, Legal Consultant 
• Robert Blech, Partner, MHA 
• Sean Hankin, Head of Forensic Investigation, SRA 
• Jason Mitchell , Partner, PKF 

Learning objectives:

SRA Competencies A2

This session is highly recommended for all legal professionals who have some responsibility for overseeing compliance relating to the SRA Accounts Rules.

During this session, you should:

• Gain further understanding of the current rules along with any changes to the rules from the last couple of years
• Develop an understanding of common errors and breaches that firms can make
• Understand what you need to do to remain compliant with the current rules
• Learn more about the penalties in place for those who are not compliant in this area

Who should listen?

• Primary audience – Leaders in small/mid size law firms, Compliance officers for legal practice (COLPs), compliance officers for finance and administration (COFAs), Practice Managers, Partners, Directors of Risk
• Secondary audience – Other senior leaders in small/mid size law firms

Recording date: 25 January 2025