Once you have your own regulated firm (entity), you will need to make time to address the various issues that come with running your own business. Some of these you may be doing each day; others less frequently such as annually or once in a firm’s lifetime.
However, we understand that having access to the right information in the right way is important. Whilst we can cover matters relating to our regulation and supervision, there will be other requirements that you will need to seek external advice on, for example, from an accountant, website manager or business advisor.
We have provided some useful links for areas of particular importance including Economic Crime, combating fraud, cybercrime, and risk management.
Find out more:
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- Economic Crime including Financial Sanctions and Money Laundering
- Managing Risk
- Cyber security
Regulated firms processes:
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- How we supervise you, including annual returns, accountant reports, and changes to your authorisation
- What fees you pay
- Compensation Arrangements
- Professional Indemnity Insurance
- Being transparent to consumers about price and service
- Links to Rules and Regulations through our Resource Library
- Closing your firm in an orderly manner
- Entity FAQ’s
- Contact us if you need advice on finding the right forms to use.
Other support:
- CILEx Practice advice – by calling the membership number
- LawCare – promoting and supporting good mental health and wellbeing in the legal community.
