On-demand webinar: Understanding the SRA Regulatory Reforms

On 25 November 2019, the new SRA Standards and Regulations come into effect. These will replace the current SRA Handbook. Over the last two years, VinciWorks has consulted with the SRA and many law firms in England and Wales to provide guidance and training on the new Standards and Regulations.

In this webinar, we were joined by the SRA’s Policy Associate Jatinderpal Loyal to examine the key changes under the new Standards and Regulations. Jatinderpal also gave guidance on how firms can comply with the new Standards and regulations.

The webinar covered:

The key changes to the SRA Handbook
The challenges in creating the new Standards and Regulations
Guidance on ensuring SRA compliance for the entire firm
Training requirements and VinciWorks’ solution
Answering any questions from registrants

Watch now

About the experts

Jatinderpal Loyal, Policy Associate at the SRA

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.

Ruth Cohen, VinciWorks' Legal and Research Executive

Legal and Research Executive Ruth Cohen holds an LLB specialising in International Commercial Law. Ruth has experience in both the public and private sectors, having consulted for many Fortune 500 companies. She has expert-level knowledge across a wide range of areas including corporate finance, data protection, harassment, information security, due diligence, commercial law, risk and regulatory compliance. Ruth has also been the driving force in the development of VinciWorks’ upcoming SRA Standards and Regulations courses.

As Director of Best Practice at VinciWorks, Gary Yantin works with law 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.

New SRA Standards and Regulations training

VinciWorks now has five new courses on the SRA Standards and Regulations covering the key sections of the Standards and Regulations. Written in clear, plain language, the training includes many examples and scenarios taken directly from the Solicitors Disciplinary Tribunal (SDT) decisions. VinciWorks’ SRA training suite includes a course for all staff and specialised courses for both accounts staff and managers.

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.”