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COLP & COFA - Red Alert

COLP & COFA - Red Alert!

With just over two weeks to go to complete registration for the new Compliance Officer roles required by the SRA, some firms haven't even nominated their officers yet...

The nomination emails for the new roles were sent out by the SRA at the end of May 2012. Some firms say their authorised signatories haven't received them; if you are one of these firms, then firstly check your "Junk Mail" or "Spam" folders, as some of the SRA emails seem to have ended up in these folders in some firms.

If the authorised signatory has received and responded to the nomination and named those people who will be the COLP or COFA, then the COLP and COFA should have received an email asking them to complete their applications. As with the authorised signatory, the "Junk" and "Spam" folders should be checked, and if the SRA have sent the email, they should be responded to.

If the nominated signatory or the COLP and COFA nominees have definately not received an email from the SRA they MUST get in touch with them urgently. Their details can be found on the SRA website,

Be warned if you try to phone them, they are receiving higher than normal phone calls as the date for the COLP and COFA nomination and application process nears its deadline.

You don't have much time left for this, so check now.

For information on cpm21's COLP and COFA courses, view our course schedule at;