The obligations of Central Office
Central Office must take the following three actions in order to achieve compliance with the Code:
- Maintain the Register of Undertakings given by Keystone lawyers (logging new undertakings and discharging spent undertakings). Note that undertakings received by you/the firm do not need to be logged.
- Earmark funds in the Client Account that are subject to an undertaking and ensure said funds are not released while the undertaking is effective.
- Retain copies of all undertakings given and related documentation.
In order to enable Central Office to undertake these actions, it is of vital importance that you adhere to the guidelines for undertakings below.