SRA puts firms on notice for money laundering compliance checks – risk assessment
The SRA announced on 20 March 2019 that it is launching a crackdown against firms who fall foul of money laundering procedures. The regulator will initially write to a sample of 400 firms asking them to demonstrate compliance with the Money Laundering Regulations 2017. The SRA will be checking that firms have a money laundering […]
5 Benefits of Using Astute LMS to Manage All Your Training
We launched Astute in 2015 and have worked tirelessly to build a comprehensive learning management system (LMS) designed to take the pain out of eLearning administration. Now, with the addition of F2F, we have taken the first steps towards developing Astute into an all-rounder learning and development (L&D) system. The new feature is a great […]
Protect your Spine: A Workplace Health and Safety Issue
Every year, over 450,000 people in the UK suffer from work-related musculoskeletal disorders, many of which originate in the spinal area. There are also millions of people suffering from lower-level chronic back and neck pain that causes significant hardship in their lives. Many of these conditions could be avoided. Throughout the average day (and even during sleep) […]
SRA Handbook update – Launch of new SRA Standards and Regulations moved to November 2019
The Solicitors Regulation Authority (SRA) has confirmed that the new SRA Standards and Regulations will now come into effect on 25 November 2019. The key changes being introduced include: Creating separate codes of conduct for firms and solicitors Simpler Account Rules that focus on the principles of keeping client money safe, rather than lots of […]
GDPR Compliance Myth #7: Huge GDPR fines never really happen
As a year since the introduction of GDPR approaches, VinciWorks revisits our popular GDPR mythbusters series to separate the data protection facts from fiction. Just six minutes after GDPR came into force on 25 May, 2018, two European advocacy groups, Quadrature du Net and None Of Your Business (NOYB), filed complaints against search giant Google. […]
VinciWorks’ 2019 course release schedule
Following a successful 2018 that saw over 420,000 course completions, we are excited to present our tentative plan for our new course releases and updates planned for 2019. Every year, VinciWorks plans its course schedule based on a combination of client feedback and prevalent compliance issues. Based on this, we are planning to release training on the […]
Complying with Anti-Money Laundering Regulation in Fintech
Revolut, the digital banking service with over four million registered users across Europe, announced last week that their CFO Peter O’Higgins was leaving the business after three years. The start-up had been battling a damning report by the Daily Telegraph which revealed lapses in compliance between July and September 2018. The digital banking service switched off […]
International Women’s Day 2019 – real stories collected from our training
Friday 8 March 2019 is International Women’s Day. Over the years the day has increased in significance as reports of harassment against women and workplace inequality continue to headline the news. Over the past 12 months, VinciWorks has collected accounts of people who have experienced or been witness to harassment or workplace inequality. The stories […]
Estate agents hit with surprise HMRC inspections
UK estate agents were hit last week with surprise HMRC inspections as part of a week-long crackdown on money laundering in the property industry. HMRC paid surprise visits to estate agents after they were suspected of trading without being registered as required under money laundering regulations. In all, agents in London (35), Leicester (5), South […]
Workplace Emergency: NHS Violence and Harassment Still Far Too High
Violence and bullying have no place in any workplace. Unfortunately, they remain the reality for thousands of workers in the UK. 326,000 adults experienced work-related violence in 2016/17. High-pressure environments can be particularly vulnerable. Shocking statistics released at the beginning of March show that one in five NHS employees have experienced harassment, with less than a third reporting […]
