By Simon Seaton, CEO Lexsure
The SRA recently warned that solicitors report receiving scam e-mail messages purporting to be from the regulator and referring to pending investigations.
But what if the e-mail was authentic and your firm was targeted for an investigation? Would you be ready?
In deference to solicitors’ preferences, the SRA uses e-mail “to inform regulated individuals and organisations of regulatory news, time-sensitive regulatory requirements and other important information,” according to its website. So, it’s quite possible that it could be real. And, it could be painful.
With the launch of CLIENTCAREmonitor, solicitor firms have a tool to ensure compliance and identify the highest risk files in real time. The platform addresses the lengthy complexities of the new SRA Handbook, promoting the early identification of potential compliance failures to avoid the significant cost of interventions and other regulatory action.
While it can’t help reduce the amount of spam coming into your inbox (and who of us doesn’t love a good Nigerian banking scam?), it will help you meet your compliance requirements based on the new SRA regime.