Beal Cooper Compliance Ltd
Our Services
We offer a number of ways to support law firms, whether providing consultancy for a specific project, undertaking independent anti-money laundering audits, helping with ongoing compliance support through a retainer agreement, provision of individual tailored documents, or practical assistance with compliance tasks.
Compliance consultancy
A gap analysis report on a firm's current compliance policies, processes and procedures. Not only AML, but we'll cover the SRA's Standards and Regulations.
Policy & procedure development to bring them up to date, and make them relevant and efficient.
Help with stand alone projects, such as work needed after an AML audit by the SRA
Regular support through a retainer agreement to provide peace of mind on compliance costs and compliance effectiveness.
Regulation 21 Audits
Undertaking an independent audit under Regulation 21 of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
Thorough audit of documents, a review of files, and employee interviews
Provision of a comprehensive report with recommendations
Lexcel consultancy
Support with preparing for initial applications for Lexcel accreditation, including policy reviews and checks to make sure systems are well embedded in day-to-day practice at the firm.
Help with applications for annual maintenance visits and re-accreditation.
Support with annual document or policy reviews.
Practical support & training
Support with applications for Firm or individual role authorisation to the SRA.
Help with planning for future business or regulatory changes.
Compliance file reviews on a monthly, quarterly or 6 monthly basis, with a report for the COLP to highlight areas of good practice and areas for improvement.
Complaints handling, either at the first stage of investigation within the firm, or as a review if the client does not accept the initial finding.
Breach reviews. A review of any breaches reported over a quarterly, 6-monthly or annual basis and provision of a report for the COLP to use.
Bespoke training that reflects the processes in your firm, rather than generic information.