Is your firm prepared for regulatory scrutiny?
Keeping on top of regulatory requirements is an ongoing challenge for law firms. It is not enough to have the right policies and procedures in place. Firms also need to be able to demonstrate that their approach is current, effective and being followed in practice.
From SRA requirements and anti-money laundering obligations to sanctions, data protection and firm-wide risk assessments, there are a number of areas firms need to keep under regular review.
In this practical webinar, David Green, Managing Director of RACO, will look at the key compliance areas regulated law firms should be reviewing in 2026, along with common weaknesses identified through compliance audits and file reviews.
You’ll leave with practical points you can take back to your firm and use to review your current compliance arrangements.
What we’ll cover
During the session, we’ll explore:
- SRA compliance expectations for 2026
- Common compliance issues identified in law firms
- AML, sanctions and firm-wide risk assessment requirements
- Policies, Controls and Procedures (PCPs) – what firms must maintain
- Regulation 18 risk assessments and ongoing monitoring
- Staff training and competence requirements
- Compliance audits and evidence of implementation
- Preparing for insurer and regulator scrutiny
- Practical steps to strengthen your compliance framework
The focus throughout will be on what these requirements mean in practice and the steps firms can take to identify and address potential gaps.
Who should attend?
This webinar is designed for anyone with responsibility for compliance, risk or the management of a regulated law firm, including:
- Managing Partners and Directors
- Practice Managers
- COLPs
- COFAs
- MLROs and MLCOs
- Compliance and Risk Managers
- Solicitors with responsibility for risk and compliance
Suitable for firms of all sizes, from sole practitioners to multi-office practices.
What you’ll take away
Compliance Healthcheck Checklist
A practical self-assessment checklist to help you review key areas of your firm’s SRA and AML compliance arrangements.
What Should Be Reported to the COFA? Checklist
A practical resource to help your team understand the types of issues that should be escalated to the COFA and support a more consistent approach to internal reporting.
Live Q&A with David Green
There will be time to put your questions directly to David and discuss some of the compliance challenges facing law firms in practice.
All attendees who register will also receive access to the webinar resources.
Practical compliance support for law firms
RACO provides specialist regulatory and compliance support to law firms across England and Wales, helping firms understand their obligations, manage risk and maintain effective compliance arrangements.
