Tag: AML compliance
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Technology Impact Assessment: Let’s Talk AML Software
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…
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The AI AML Assessor: how agentic AI is reshaping AML compliance for law firms
For many years the role of the Money Laundering Reporting Officer in a law firm has carried significant responsibility but often with very limited support. Unlike financial institutions that employ extensive compliance teams, most law firms outside the largest practices operate with minimal AML resources. The burden of reviewing alerts, gathering evidence and making judgement…