Tag Results
Are we paying enough attention to international PEPs?
Tuesday, 19 August 2025As firms deal with more and more individuals linked to foreign governments, identifying high-risk PEPs is becoming more of a challenge – and the profession needs to up its game.
Tags: Checkboard
Posted in Blog
ECCTA: How technology will help firms keep up with new AML regulations
Thursday, 7 August 2025The Economic Crime and Corporate Transparency Act 2023 (ECCTA) sets out a new approach to AML, and its measures are due to take effect over the coming months.
Tags: Checkboard
Posted in associate news
How firms are unwittingly enabling money laundering – and what they can do to prevent it
Monday, 28 July 2025By Legal Futures Associate Checkboard Legal professionals are inadvertently facilitating money laundering. The government calls these “professional enablers” – individuals or organisations that have failed, whether by negligence or deliberate action, to do their due diligence. Conveyancing, trusts, and management of… Read More
Tags: Checkboard
Posted in associate news
AML isn’t just a risk issue – it’s about client experience too
Tuesday, 15 July 2025Something that gets forgotten among all this noise is the impact onerous AML rules have on client experience. It’s a source of friction and it reduces trust and confidence.
Tags: Checkboard
Posted in Blog
As AML regulations change, compliance platforms can help firms thrive
Thursday, 3 July 2025The UK government’s new industrial strategy promises a new approach to AML regulations, aimed at reducing the burden on small law firms and unlocking their potential for growth.
Tags: Checkboard
Posted in associate news
How the right compliance platform meets the new challenge of generative AI
Tuesday, 24 June 2025You may have seen stories emerging over the last few months of AI-generated ID and passport images that are apparently good enough to fool identity verification systems.
Tags: Checkboard
Posted in associate news
What the law can learn from fintech’s onboarding revolution
Monday, 16 June 2025Client onboarding has always been slow. It’s not just about the paperwork and manual workflows; it’s also about those long AML checks and verifications.
Tags: Checkboard
Posted in Blog
Why firms should embrace digital verification and onboarding
Thursday, 12 June 2025Manual form filling and data entry is a labour-intensive process, resulting in slow response times, inefficiencies, and delayed transactions, as well as raise the risk of human error.
Tags: Checkboard
Posted in associate news
Checkboard
Monday, 2 June 2025Checkboard helps legal and conveyancing firms onboard customers quickly and simply. It boosts regulatory compliance through rapid AML checks and comprehensive ID and address verification across global jurisdictions. Using open banking, it enables fast source of funds checks and instant,… Read More
Tags: Checkboard
Posted in Compliance Services & Software, Digital Onboarding Technology, Payment Solutions, Services Directory
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
