COLP and COFA – not long now
With 1 January 2013 looming ever closer the SRA has begun to release new details about the appointment process of the new COLPs and COFAs.
At the time of writing, the SRA were expecting to begin approving the first tranche of several thousand COLPs and COFAs in mid-October. The majority of these will have been relatively straightforward nominations, where the SRA were able to verify suitability using automated checking of data they already held about the individuals.
Where the nominations are more complex, for example because the nominated COLP or COFA is not already known to the SRA, or nominees have “suitability issues”, the SRA should have already been in touch with many practices.