Conflicts of Interest from a Compliance Perspective - A Guide for COLPs

Introduction

As the Compliance Officer for Legal Practice (COLP), you serve as both the eyes and ears of your firm and the regulator. It is essential to stay vigilant and proactive in identifying potential conflicts of interest before they become significant issues.

You need to ensure that your firm has the right systems and controls in place to manage these conflicts effectively. This includes knowing exactly when your firm can and cannot act, as well as understanding the key safeguards that should be implemented to prevent ethical breaches.

During this webinar compliance expert Paul Bennett will encourage you to review your current compliance framework, evaluate potential conflicts regularly, and establish clear guidelines for managing and mitigating any risks.

This highly practical webinar will ensure that you have the necessary safeguards firmly in place to protect yourself, the firm, and your clients.

What You Will Learn

This webinar will cover the following:

• Your conflict of interest duties as COLP
• The systems and controls you should expect to put in place
• A detailed understanding of the SRA’s Rules in relation to client conflicts of interest, own interest conflicts and commercial conflicts
• The importance of confidentiality and disclosure risks as adjuncts to the conflict of interest issues
• Some key take aways to test your current systems and enhance your firm’s approach

This pre-recorded webinar will be available to view from Thursday 24th April 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.