Preparing for the SRA’s money laundering clampdown
Every law firm must have proactive and preventative measures in place to combat money laundering, and Insight Legal Enterprise’s integration with market leading compliance solutions from Veriphy prove that your Anti Money Laundering (AML) checks are much more than a tick box exercise.
AML compliance relates to identification and verification of users of your firms’ legal services and being assured that the person claiming a particular identity is in fact the person with that actual identity – it is about being confident that the same person can pay for services received with money that hasn’t been procured illegally.
AML compliance has been made more challenging during the last 18 months. Changing ways of operating, with home- and hybrid-working, made necessary by the pandemic, posed greater risks relating to AML.
This webinar is suitable for;
– Compliance Officers, Practice Managers, Solicitors, Partners and other Support Staff within a law firm who are responsible for setting and following processes for onboarding new clients
We will discuss;
– What are your obligations for SRA compliance on AML
– Traditional document checking v electronic tools
– What improvements Law Firms are looking to make to ensure compliance and efficiency
Workflow Webinar Speakers
Head of Sales at Insight Legal
With 25 years of experience in Sales and the last 8 years gained in software solutions, Josh is passionate about delivering excellence and believes that the role of the modern software firm is to work closely with the client to help them make informed and educated decisions about the right solution, to help them succeed.
Chief Operating Officer at Insight Legal
Deborah started her career working in legal finance before moving in to legal software 18 years ago, training and supporting law firms in their use of technology as well as teaching solicitors about dealing with their accounts and managing their practices. Deborah joined Insight Legal in 2012 and is the company’s Chief Operating Officer. Having spent many years working with legal practice and procedure and having delivered literally thousands of training courses over her career, Deborah is used to working with law firms of different sizes and is well placed to offer practical tips and advice. She is also a member of the Institute of Legal Finance and Management (ILFM).
Business Development Manager at Insight Legal
Stephen joined Insight Legal at the beginning of 2021 with a background in software sales, originally helping FTSE 250 organisations with their unified communications strategies. He then moved into selling both unified communications and case management software within the legal market, where he developed a passion to help legal firms of all sizes, throughout the UK, gain efficiencies in their day to day workings. Stephen is passionate that the chosen software solution should seamlessly become a part of a firm’s day to day workings, giving immediate operational efficiencies.