OFR - Compliance Plans and Risk Registers

The SRA Code of Conduct 2011 adopts a risk based approach and no longer serves as a prescribed set of rules that must be abided by. The application and interpretation of these mandatory principles and outcomes is subject to a degree of uncertainty.

The SRA advise that in order for them to assess the regulatory risk a particular firm poses they need to receive information from it about its own perception of the risks it faces, including operational, strategic, business and financial risks, and to understand the arrangements it is making to mitigate these risks. As a matter of good risk-management practice they recommend that firms periodically record this information by means of a risk register and compliance plan.

We are therefore holding a half day training programme to introduce you to OFR in practice, specifically focusing on compliance plans and risk registers.

For further information please call 0191 516 6919
To book your place complete the booking form and email to clairel@aneltd.co.uk