Today we delve into the critical importance of enhancing fraud prevention measures in law firms and businesses in response to the Economic Crime and Corporate Transparency Act, offering strategic insights and best practices to navigate new compliance landscapes effectively.
From tales of transition and triumph to candid discussions on overcoming challenges, today’s CFLF session offered valuable insights and inspiration for aspiring professionals in the field.
This week’s Compliance Collective roundtable provided valuable insights into the complex issues that can arise when dealing with clients connected to offshore jurisdictions. Over 30 professionals joined the discussion to explore challenges around high-risk countries, anti-money laundering regulations, and performing proper due diligence on international …
Offshore Compliance in Focus: Expert Insights on CDD and High Risk Countries Read more…
In today’s landscape of legal finance, managing client accounts has become a focal point for firms worldwide. The recent release of a discussion paper by the SRA has underscored the urgency of addressing AML risks and safeguarding client funds. The fallout from incidents like the …
Unlocking Client Accounts: Navigating AML Risks & SRA Guidelines Read more…
In the dynamic landscape of legal compliance, the focus on anti-money laundering (AML) practices has never been more intense. Legal firms are increasingly under the microscope, with regulatory bodies like the SRA ensuring stringent adherence to AML regulations. The Independent AML Audit is a critical …
Independent AML Audits, the Imperative in Legal Practices Read more…
In the intricate world of the conveyancer, where every detail matters and every step can potentially hold hidden risks, this week’s Compliance Collective session delved into the crucial topic of common risks and how to effectively mitigate them. Without skipping a beat, the panel of …
The Conveyancer’s Compass: Steering Clear of Common Risks Read more…
In the ever-evolving landscape of legal compliance, discussions around proposed changes often spark fervent debates. Last week’s Compliance Collective session was no exception, drawing attention to the thorny issue of document control and its potential impacts. With a panel comprising experts from diverse backgrounds—insurance, accounting, …
We understand that compliance training is an integral part of your organisation’s success. Staying up-to-date with the latest laws and regulations is crucial, and our bespoke training apps have redefined the way we approach compliance training. In this blog, we’ll explore how we amplify compliance training up to ‘11’ by taking a look at language, analytics, and the flexibility for on-the-go training.
Are you confident that everyone at your organisation takes compliance seriously?
Guest speaker Niel Dethick on the four Consumer Duty outputs as defined by the FCA.
