Anti-Money Laundering
FREE AML HEALTH CHECK. For a limited period only, this offering will highlight heightened risk individuals & entities in your client base, underlying data issues & provide practical steps to ensure your firms adopts a risk based approach to AML processes.
Legal RM boasts over 30 years experience working with Professional Services & Law Firms in the field of Risk Management and Compliance.
Partnering with industry leading technology organisations and information providers, Legal RM are able to offer unparalleled products and services to assist firms to seamlessly comply with current Anti-Money Laundering legislations whilst streamlining the entire process.
When looking to implement solutions to enhance Anti-Money Laundering compliance, law firms need to protect themselves to the highest possible level whilst ensuring their business processes in this area are streamlined and as "friction free" as possible.
Legal RM specialises in assisting firms to adopt a risk based approach to their Anti-Money Laundering processes, central to this is client screening. This incorporates wholesale reviews of existing clients on an ongoing basis as adopted by financial services organisation and recommended by the FSA.
Additionally Legal RM provide the following consultancy services:
AML Health Check
The AML Health Check offerings from Legal RM are designed to allow those firms, who are unsure of the level of exposure within the client base, to gain “a point in time” snapshot of their existing client base categorised by high, standard and low risk.
Risk Assessment
The Risk Assessment from Legal RM delivers a quantified assessment of compliance risk, based on screening a sample of an organisation’s customer database. Like Legal RM, the auditors use Datanomic’s powerful Compliance Screening software and your preferred Sanctions & PEP Screening list.
Policy Review and Analysis
Legal RM additionally provide policy & process reviews for firms who are looking to “tune up” their Anti-Money Laundering compliance policies, practices and processes – this service can be extended further to include a more holistic review of the client on-boarding process within your firm.
AML Services Main