Monday, January 4, 2021

AML Requirements – Five Steps to Keeping Up for Law Firms

This blog, first published on the Law Society of England and Wales website, provides five actionable steps to help law firms manage compliance and keep up with ever changing AML requirements. The SRA Standards and Regulations and the 5th AML Directive (5AMLD), which came into effect on 10 January 2020 in the UK, both discourage law firms from ’blanket screening’ their clients and instead advocate a risk-based approach read more

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