With the new CPD scheme being introduced for solicitors, barristers and OISC advisers, HJT would like to help you to meet your training needs. Fixed CPD hour targets are GONE! The old system is REPLACED by a strict process ASSESSING AND ASSURING your firm’s training regime. So the responsibility is now on the managers of firms to ensure they have ROBUST systems in place.
Here is what you need to know:
OISC ADVISERS
-No set number of hours of training
-No requirement to record training to the OISC
-Training may be provided by anyone in any format
-OISCs free online training will be closed from September 2016
From 1st January 2017 CPD will change. The summary on the BSB website the changes are as follows:
-You will no longer have to complete a minimum number of hours;
-You now have individual responsibility for what training you require;
-There is no longer a requirement to complete accredited hours;
-You have increased flexibility in the types of CPD activities that you can complete;
-We will assess whether you have planned and completed your CPD in a structured way;
-Assessments of current CPD compliance will be made by taking into account your CPD activity in previous years; and
-The role of our supervision team in setting Corrective Action for non-compliance has been formalized. This means that the focus on the regulation of CPD will not be on disciplinary action but on ensuring that you comply with the CPD requirements.