Talk Thursday

Is there anything special about this Thursday 1 February? You may not know, but it is “Talk Thursday”. We all talk day in day out, but do we really talk and do we really listen. Talk Thursday is to raise awareness of mental health. Whilst mental health is talked about more than in previous years, there is still plenty to be done. Looking at the legal industry there is a lack of understanding about mental health, lots of firms talk about the culture of their firms, does this go far enough? You will have seen recently in the Law Society Gazette about a young lady who was before the Solicitors Disciplinary Tribunal where they had shown “mercy” on her due to the bullying and harassing

EU-US Privacy Shield - is the WP29 about to go to 'war'?

Recently, the Bill re-authorising section 702 of FISA (Foreign Intelligence Surveillance Act) was passed in the US House of Representatives after the original December deadline was extended until 19th January. Although the Bill still has to get through the Senate, it seems that with the backing of President Trump, the Bill allowing targeted surveillance of non-US nationals outside the US will be re-authorised despite the concerns of the EU WP29. On 28th November 2017 the WP29 published its report on the first annual Joint Review of the EU-US Privacy Shield (https://www.scl.org/files/download/1666-20171205_Privacy_Shield_Report-WP29pdf.pdf). WP29 had previously expressed concerns about the

Teal Compliance - what's in a name

Yesterday we launched our new business, Teal Compliance. If you've ever met me in person you will have seen there is an unmistakable affiliation with the colour. It is always about my person somewhere, bags, clothes, hats, jewellery. Why do we like certain colours? I've not done any research, I am sure lots of people have a view, tested scientifically. For me it is an instinct. I have green eyes and it's always been my favourite, but over time, I've been drawn to Teal. I had a hard start to my career in Law, in at the deep end, little support and huge responsibility. It was scary! I survived and thrived post qualification in a well run firm, with proper support. A firm wanting to do well by

10 tips for law firms preparing for GDPR - a journey not a destination.

So, if you haven’t heard about GDPR by now you must have been in hibernation for quite some time! It’s coming……soon….. but where are you on your journey? A small percentage of you will have been aware of the General Data Protection Regulation (GDPR) since it was adopted in the EU in 2016. A larger percentage will probably have become aware around the start of 2017, maybe a few of you have genuinely only just heard about and are starting your preparations now. In theory, if you are fully compliant with the Data Protection Act 1998 then you are already part the way to being compliant with the new regulation, but may firms will find that they were perhaps not as compliant as they first believ

Where to start with the Money Laundering Regulations 2017

Writing a blog about becoming compliant with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 is tricky. So much of what you will need to do will depend on the individual risk factors your firm faces. However, here are some things you should think about doing now. 1. Risk Assessment You need to complete a risk assessment of your firm. I would look at the following areas, and establish the risk of your firm being targeted for money laundering: · Who your clients are · Where your clients, or their funds are coming from · The services you are providing to your clients · How you provide services to your clien

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