This work covers the systems and activities a business uses to follow the law, manage risk and keep operations within required standards. A solicitor in risk and compliance helps you create and audit policies, run risk assessments, and implement controls so processes, contracts and data handling stay within regulatory boundaries. They handle regulatory inquiries, prepare reports, and guide boards on governance, training, and response to investigations to avoid penalties or reputational harm.
What a solicitor handles in these matters
A solicitor creates and audits policies (anti-bribery, data protection, sanctions, AML), designs risk frameworks, reviews contracts for regulatory risk, leads due diligence for new ventures, and coordinates responses to regulator requests. They draft training materials, set up monitoring and escalation procedures, and liaise with bodies such as the Information Commissioner’s Office, the Financial Conduct Authority, and HMRC on compliance matters.