Author archive: socrates

Facilitating tax evasion

The new law is now in force. It makes firms criminally liable for the acts of their employees if they help clients to evade tax. To be safe firms must be able to prove that they had reasonable prevention measures in place. Hence firms need to carry out a risk assessment, draw up a tax…

Data protection and the GDPR

In May 2018 data protection law changes radically when the General Data Protection Regulation comes into force. The Socrates Data Protection course already refers to the coming changes. Plus this autumn we are releasing a new course specifically on the GDPR, to help firms ensure their staff understand their obligations and are compliant. We will…

New AML regs

New AML laws came into force on 26 June 2017. Our training reflects and explains the law. We have also sent subscribers revised precedents, explaining what they must do differently. For example your firm MUST have a written risk assessment, relating to the AML risks that apply to your firm as a whole, and be…

Anti-Bribery Course

There are now three versions of the Socrates Anti-Bribery course. – One for people who work in law firms – One for UK businesses – One for international businesses In designing this training we are glad to have the assistance of lawyers from the anti-corruption compliance and investigations team at Dechert LLP.

Training on the GDPR

In May 2018 data protection law changes radically when the General Data Protection Regulation comes into force. The Socrates Data Protection course already refers to the coming changes. Plus this autumn we are releasing a new course specifically on the GDPR, to help firms ensure their staff understand their obligations and are compliant. If you…

Compliance Masterclass – May

We are repeating our masterclass for MLROs this May, and adding another for COLPs. Dates: Tuesday 9 May, at the Law Society in London Thursday 11 May, at the Holiday Inn, Manchester Content: You can choose to attend either or both of the following: Morning: How to be a MLRO Recent changes including the fourth…

Socrates v The Law Society

Our case against the Law Society has now been heard by the Competition Appeal Tribunal, chaired by Roth J. The four-day trial ended on 11 November. Judgement has been reserved. We are seeking to restore the right of over 3000 law firms in the Conveyancing Quality Scheme to buy the training they want. Currently the…

Health and safety course goes live

Our new course on health and safety in the office is now live. Employers are obliged to provide staff with health and safety training and information. Our course includes three modules. It covers workstation assessments and RSI, plus stress, as well as the more obvious things like fire safety. People told us they hated the…

PSC Registers arrived today!

From today unlisted UK companies and LLPs must have a “register of people with significant control”. In principle that makes the task of identifying the beneficial owners of such clients easier. But there are traps. We have sent subscribers a bulletin on this, and also a specimen email to distribute to their staff to explain…

MLRO Masterclass

We had a great turn out for our masterclass for Money Laundering Reporting Officers on 2nd March at the Law Society. Thanks to everyone who came and contributed to the lively sessions.

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