From 1st November 2018, all Lexcel accredited firms in England and Wales will be assessed against the new Lexcel standard, version 6.1, at their next assessment visit.
The new standard was released earlier this year and includes new requirements for managing personal data – based around the requirements of GDPR – as well as the Prevention of Tax Evasion and Financial Sanctions procedures feature in the new version.
There are are also revised requirements in relation to information management and security, AML and CTF to ensure compliance with the MLR 2017, as well as changes in relation to client care, initial information to clients and also standing terms of business.
Let the team at Legal Eye help:
If your next assessment is due after 1st November you’ll need to compare the requirements of version 6 with version 6.1 and make a list of the changes to be made before the assessment..
Contact Legal Eye to shortcut the comparison process. We’ll also prepare a comprehensive written Lexcel v6.1 Gap Analysis Report highlighting areas of non-compliance and actions required for compliance.
Our fees are fixed and we’ll give you the peace of mind to know you’ll be well prepared for your next Lexcel assessment.
Contact Jody Events by Email or on 020 3051 2049.051 2049