SRA Accounts Rules compliance for England and Wales solicitors firms.

Built for COFAs, finance directors, and compliance teams in SRA-regulated firms.Built for COFAs, finance directors, and compliance teams in SRA-regulated firms. Safeheld automates five-weekly client account reconciliation, deficit prevention, COFA sign-off workflows, and the annual accountant's report evidence pack in one continuously verified platform.

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SRA Accounts Rules controls

6 controls tracked · 1 residual balance action

Client account reconciliation

Five-weekly

Complete

Withdrawals properly authorised

Continuous

Complete

SRA Accounts Rules controls

Client account integrity, deficit prevention and COFA accountability in one view

ControlsMatter ledgersDeficitsAccountant's report

ControlRuleCycleScopeResultExceptionsLast runStatus

AR-8.3Client account reconciliationFive-weekly4 client accountsAligned018 FebComplete

AR-5.1Withdrawals properly authorisedContinuous412 withdrawalsAll authorised0TodayComplete

AR-6.1Client account deficitsContinuous1,884 mattersNo deficit0TodayComplete

AR-2.5Prompt return of client moneyContinuousResidual balances1 over 30 days1TodayAction

AR-4.1Client money kept separateContinuousAll ledgersSeparate0TodayComplete

AR-12.1Accountant's report evidenceAnnualFull yearPack assembling0Due in 46 daysOn track

AI RECONCILIATION ENGINE

AI-powered SRA client account reconciliation.

The AI engine reads your live reconciliation data and applies the correct regulatory framework automatically. Five structured actions, auto-match, explain exceptions, detect anomalies, generate board narratives, draft remediation plans.

SRA Rule 2Rule 8Rule 14

Auto-match with confidence scoring

Fuzzy-matches client liabilities against safeguarded balances: with confidence scores on every pair

Exception analysis with citations

Root cause analysis for every unmatched item, citing the correct regulation

Board-ready narratives from live data

Institutional-grade reconciliation summaries generated from your current position

Explore AI Capabilities

Exception investigation queue

Each break cites the Accounts Rule it engages

Live · 06:12

Distribution payment, GBP 7,238

EX-2204

Distribution released before the incoming transfer cleared

SRA Rule 5.392% confidenceCause proposed

Office to client transfer, GBP 2,118

EX-2202

Transfer posted to the wrong matter ledger

SRA Rule 6.186% confidenceCause proposed

Showing 3 of 10 open exceptions

Operational workflows. Mapped to live obligations.

Three-way reconciliation: SRA Rule 8

Client account cash book, bank statement, and total client ledger balances reconciled at least every five weeks, with structured discrepancy investigation.

Client account reconciliation

Matter ledgers against the client bank account, run closed 06:30

Live · 06:12

Coverage

100.00%

at run close

Accounts

in scope

In flight

items

General client account · GBP

Matched

22,118,440

Probate and trusts

Part matched

8,204,118

Client account Matter ledgersBankStatus

General client account · GBP22,118,44022,118,440Matched

Probate and trusts8,204,1188,196,880Part matched

Designated deposit accounts3,118,0063,118,006Matched

Residual balances, aged62,44062,440Aged 90d+

Showing 4 of 2,118 matter balances

Client money segregation monitoring

Continuous verification that client money is held separately from firm money, with mixed payment handling tracked and allocated.

Case BR-3312

Client account shortage, probate matters

Open · 1h 28m

Shortage

GBP 7,238

Matters affected

06:30
Reconciliation identified a shortage on the client account
06:40
Cause proposed, distribution paid ahead of cleared funds
09:50
Replacement funds instructed, COFA notified

Every stage change is timestamped and attributable

Accountant's report: annual evidence

Evidence compiled automatically for the annual reporting accountant's examination, including reconciliation records, bank confirmations, and segregation evidence.

Compliance output pipeline

Fields populated from the client account reconciliation

Updated 06:14

SRA Rule 8.3

58/60 fields

Client account reconciliation record · UK · SRA

2 fields held pending BR-3312

Accountant's report

96/96 fields

Annual client account examination · UK · SRA

Ready for the reporting accountant

Fields tied to an open exception are held back until the case closes

Remediation actions: SRA rule-level tracking

Every compliance finding is tracked with SRA rule reference, severity, deadline, and remediation guidance.

Related resources

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How Safeheld Helps Law Firms Automate SRA Client Account Compliance

How law firms are using Safeheld to automate SRA Accounts Rules compliance: client account reconciliation, interest obligations, and audit preparation.

AI COPILOT

Ask questions. Get answers from live data.

Ask questions about your compliance position in plain English. Generate audit-ready reports and board narratives from live data.

Explore AI Capabilities

Safeheld AI

SRA Demo

Request a SRA demo.

A 30-minute working session. We map your current setup against SRA obligations and show you what Safeheld would automate.

Connect

Bank, ledger and processor data in one model

Reconcile

Liabilities against the funds that protect them

Resolve

Shortfalls and breaks routed for investigation

Prove

An auditable evidence trail behind every run

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