Approx. 2 hours duration depending on the number of questions raised during the session.
This course will give you the knowledge to confidently know what money you can hold in the client account, as well as the tools to ensure you are compliant while doing so to adhere to the Accounts Rules when working on your clients’ cases so you keep your own and the firm’s reputation and finances safe.
OBJECTIVES
By the end of this session, you will:
- Know what you can hold in the client account on behalf of your client.
- Know when you are acting as a banking facility.
- Understand when you can take client money for costs.
- Understand your role in dealing with client money.