MLRO
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Client matter risk assessment: Balancing compliance with conveyancing momentum
I recently joined a roundtable discussion with several MLROs to dive into the evolving world of Client Matter Risk Assessments (CMRAs). The conversation moved quickly past the “tick-box” mentality, focusing instead on how forward-thinking firms are reframing these assessments as continuous strategic assets rather than administrative hurdles. Here are the three biggest takeaways from the…
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The AML Accountability Gap: Why Explainability Is the New Standard
Artificial intelligence can support AML risk assessment, but law firms remain responsible for every decision. Explainability, documented human review and defensible professional judgment are essential.