Busy professionals deserve better learning solutions

Jun 8, 2023 | News

The Professional Alternative has launched certified regulatory compliance eLearning to help law firms and accountancy practices streamline and deliver essential industry-related training.

Adding to our existing portfolio of bite-sized and accessible learning and functional skills content, the new compliance eLearning offer includes a comprehensive collection of courses on anti-money laundering, GDPR and prevention of bribery and tax evasion, with cyber security awareness launching this summer. This is all to help answer the need for professional practices to deliver continuing professional development (CPD), evidence your employees’ ongoing competence and enable you to remain the right side of the law.

Steve Parrott, Co-Founder and Director of The Professional Alternative explains:

“Alongside HMRC’s requirements for all businesses in the financial sector to register with an anti-money laundering scheme, The Solicitors Regulatory Authority (SRA) has a rolling programme of 7000 firm reviews to assess AML responsibilities after a fifth of law firms previously reviewed were considered to have inadequate processes and policies in place. The responsibility of not only providing competent, professional services, but being able to evidence them through CPD or similar, will fall to the business alone.”

“This is just one example of toughening codes of conducts; ensuring you help your people to follow, and deliver, best practice is no longer a ‘nice to have’ – it is now an essential part of training and supervision.”

Steve added:

“Aside from regulatory controls, the UK’s National Crime Agency (NCA) warns ‘virtually all high-end money laundering schemes, and several cash-based ones, are facilitated by the abuse of legitimate processes and services. Accounting and legal professionals, and estate agents, can be criminally exploited – this is sometimes complicit, sometimes negligent, and sometimes unwitting.’”

Since the pandemic we have seen a huge shift in working patterns, and how best to deliver learning to employees has become a recognised element of sustaining CPD. The days of getting everybody into the office to attend a course or watch a training webinar are long gone; people want accessible and bite-sized learning that feels relevant to them and can be completed at a time to suit them.

Our eLearning platform is easy to access and easy to navigate and can be added to any existing learning platform. With a back-end reporting system, managers can identify usage and send reminders to those who have not yet completed their required learning.  New content is added on a weekly basis ensuring emerging trends and current regulations are addressed.

Written by experienced business professionals and professional services leaders, the hub offers flexible, effective and affordable functional and soft skills training designed for busy professionals. Certified modules within the new Regulatory Compliance section include anti-bribery and corruption, anti-money laundering and anti-facilitating tax evasion.

For further information about our new regulatory e-learning courses or to learn more about our platform and how it could benefit you and your business, please contact us on 01202 331609 or at [email protected]

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