Upcoming SRA Webinar: In Conversation with the SRA

Upcoming webinar: In conversation with the SRA

The SRA Standards and Regulations have been in force for 18 months. In that time, firms have had to grapple with new anti-money laundering guidelines, the challenges presented by the COVID-19 pandemic and the changes to accounts rules.

In this webinar, we will be joined by the SRA’s Policy Associates Jatinderpal Loyal and Richard Silver to look back at the last 18 months of SRA compliance and what to look out for going forward.

The webinar will cover:

The challenges presented by the pandemic and guidance for firms
A recap of the SRA Standards & Regulations and the changes they brought about
How solicitors and firms have taken advantage/benefited from the changes
How firms have adapted to the less prescriptive Accounts Rules and the key risks identified by the SRA
The priorities for the SRA going forward
How quality indicators support consumers accessing legal services

About the experts

As Director of Best Practice at VinciWorks, Gary Yantin works with professional service firms of all sizes to provide the best compliance learning experience for their staff. He was previously an in-house lawyer and a solicitor in private practice. Gary has hosted many webinars and workshops for VinciWorks on a wide range of risk and compliance topics including GDPR and the SRA’s new approach to ongoing learning.

Policy Associate Jatinderpal Loyal joined the SRA’s regulatory policy team in 2012, leading the SRA’s approach to monitoring and enforcing the ban on referral fees in personal injury. Jatinderpal is the lead on the SRA’s regulation of financial services, the SRA Accounts Rules and Client Protection arrangements. He works closely with law firms and compliance advisers, the Ministry of Justice, the Financial Conduct Authority, and other legal regulators as the SRA progresses the implementation of the new Standards and Regulations. Jatinderpal is keen to engage with those who are using technology and AI to help deliver legal services.

Policy Associate Richard Silver joined the SRA’s regulatory policy team in 2014. He works across a number of areas of policy, including immigration and asylum services, consumer experiences in conveyancing, and information transparency. Through his work, he manages relationships with a range of stakeholders, including other regulators and law firms, and he is currently supporting the delivery of the SRA’s quality indicators pilot. This project is bringing together lawyers, consumers and comparison websites and is continuing throughout 2021.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”