Honne
I am delighted to write a post about my new book - called 'The Law and Regulation of Solicitors: Client Money'. I took delivery of my copy yesterday, and I was very excited to receive it.
It has been a year in the writing, with lots of bits and pieces of CPD and other written work from a variety of previous training courses and consultancy based activity. However, much of the content is new, and producing it as a book has taken probably about 12 months of fairly consistent hard work.
It covers firstly the SRA and CLC accounts rules, with an easy to follow explanation of the rules and how client money should be handled - in simple terms. From there, the book continues to explain the main aspects of the Money Laundering Regulations and provides the link between those regulations and the receipt of client money. So often, we think of AML as identity checking; rarely we see arranging, receiving, and transmitting client money as important steps, but they are important under the Proceeds of Crime Act, and we can use those steps to meet the obligations for due diligence and ongoing monitoring in the Money Laundering Regulations.
The book provides a large number of template solutions considering the full firm (not just the legal service delivery), and with a particular focus on finance AML due diligence and internal auditing. Thus allowing the COFA to play a full part in the AML agenda, and the MLRO and MLCO a new means to fulfil the requirement for enhanced due diligence, by using the financial functions of the law firm.
With a whole section on risk assessments, new avenues to explore in your firm risk consideration, and a full section of CPD covering anti money laundering, accounts rules, reconciliations, and past exams, it is an incredible resource for any law firm who would like to take a new approach.
It is also suitable for those just starting out in law, and can be used by trainees to learn the accounts rules, and the relevant sections of the Proceeds of Crime Act and Money Laundering Regulations - all helpful for the SQE, solicitor apprenticeship, or to meet CILEx, or Licensed Conveyancing qualification standards.
To order your copy, follow this link to the Bloomsbury Professional website https://www.bloomsburyprofessional.com/uk/law-and-regulation-of-solicitors-client-money-9781526524621/
Or, speak to your local bookshop to order you a copy. Specialist legal retailers of books such as Wildy & Sons can also place an order for you.
Happy reading (training, and template using), to you all!