For CQS-accredited firms, a “standard” purchase of leasehold policy is no longer enough. To survive an independent CQS compliance audit your Leasehold Purchase Policy must be a dynamic document that evolves alongside breakneck legislative shifts. If your leasehold policy hasn’t been touched since the Building Safety Act first landed, you aren’t just out of date,… Read more: CQS Purchase of Leasehold Policy:Relic or a Resource?

Most firms today rely on slick AML tools to handle ID checks and source-of-wealth. Platforms like Thirdfort and CDDmonitor (digital CMRA) have quickly become the norm. But the rules have changed. Recent HM Treasury guidance and LSAG advisory notes have quietly reshaped what “good” looks like, and many firms haven’t caught up. It is no… Read more: Technology Impact Assessment: Let’s Talk AML Software

The “Report on Title” has always been a cornerstone of client communication. However, a significant shift is occurring in how we report on one of the most sensitive areas of a transaction: Source of Funds (SoF). The days of simply seeing a bank statement and ticking a box are over. Recent updates to industry guidance—including… Read more: Navigating the New “Source of Funds” Standards in Reports on Title