How Accountants can meet Companies House CDD and AML rules easily and affordably
Recent discussions with colleagues in the accountancy sector have been dominated by the new client due diligence identity and anti-money laundering checks they need to undertake, mostly dictated by the Economic Crime and Corporate Transparency Act (ECTA) and the Anti-Money Laundering (AML)Regulations which seek to address the alarming rise in the level and sophistication of […]
A step by step guide to meeting the latest AML client due diligence guidance
In its Anti-Money Laundering Guidance for the Legal Sector 2025, the Legal Sector Affinity Group outlines a number of updated steps and processes that should be taken by law firms to comply with regulations and help prevent money laundering. Below, we have set out the Client Due Diligence compliance requirements outlined by the Law Society […]
The Importance of AML Checks for Legal and Accountancy Firms
With financial transactions taking place digitally and instantly across the globe, there has been an increasing need for robust anti money laundering (AML) measures to help combat financial crime and identity fraud, with a growing legal obligation on the Accountancy, Legal, Property, Banking and Financial sectors to carry out a high level of due diligence […]
Top 10 tips for purchasing the right conveyancing software
As a conveyancer you’re probably receiving a large number of emails from legal tech suppliers promising to make your life easier, keep you compliant and mitigate your firm’s risk. New products are arriving on the market at breakneck speed and the choices can be overwhelming. It might be beneficial to take a breath and think […]
10 Tips to Prepare Your Clients for Remote ID Checks and Speed up Onboarding
Are you doing enough to prepare your clients for their digital identity checks? As a professional services firm, you may have moved to carrying out your KYC and AML checks remotely, which is saving you time and reducing risk. However, in our experience, the firms that prepare their clients by letting them know what to […]
