March 1, 2024

In a recent development, a partner has been suspended from practice for 28 days after signing statements of truth in road traffic claims using a colleague’s […]

February 28, 2024

In a significant shift in the United States, the Biden administration is spearheading a comprehensive effort to combat money laundering, signalling a departure from the United […]

February 26, 2024

In a significant development, the Financial Conduct Authority (FCA) have opened an investigation into The Lloyds Banking Group’s anti-money laundering controls, as revealed in the bank’s annual […]

February 22, 2024

In a recent development, Bracknell-based law firm Fairbrother & Darlow has been hut with a fine of £16,000 by the Solicitors Regulation Authority (SRA) due to […]

February 21, 2024

Money laundering poses a significant threat to the UK, affecting our national security, prosperity, and international reputation. The financial sector’s pivotal role in the economy makes […]

February 19, 2024

In a recent regulatory settlement agreement with the Solicitors Regulation Authority (SRA), Amarjit Singh Bhachu, a qualified solicitor since 1991, has been fined £10,402 for misconduct […]

February 15, 2024

In the complex world of finance, compliance is the crucial line between stability and scandal, trust and turmoil. Once again, the spotlight is on Deutsche Bank […]

February 12, 2024

In the world of complex legal terms, one might not immediately think of rapid technological advancement. However, change is quietly reshaping the legal profession through generative […]

February 11, 2024

When it comes to following anti-money laundering (AML) rules, understanding and verifying where a client’s money comes from is crucial. This is not just a formality, […]

February 9, 2024

The Solicitors Regulation Authority (SRA) has confirmed its decision to align with the Financial Conduct Authority (FCA) by instituting a similar framework of fee caps for […]

February 8, 2024

Financial regulations, especially those aimed at preventing money laundering, are crucial for maintaining consumer trust in the finance and legal sectors. Non-compliance with Anti-Money Laundering (AML) […]

February 7, 2024

The prestigious ‘Bridging the tech and legal sectors event is happening at the British Embassy in Bucharest. It has been a busy morning with keynote speeches […]

February 6, 2024

In the wake of geopolitical turmoil, particularly the events following the invasion of Ukraine in February 2022, UK firms have found themselves navigating through a rapidly […]

February 5, 2024

The recent decision by the Solicitors Regulation Authority (SRA) to disqualify Lee Darien Kerr, a non-solicitor law firm manager, has sent ripples through the legal and […]

February 5, 2024

In a stark reminder of the financial watchdog’s ever-watchful eye, SkyCity finds itself in the unwavering glare of Australia’s enforcement regime, with a historic A$70 million […]

February 5, 2024

Recent headlines have highlighted a troubling case of legal betrayal. Solicitor Alison Griffiths, from Swindon, was sentenced to two years in prison for committing fraud while […]

February 4, 2024

February 7, 2024 – Verify 365 is thrilled to announce its participation in an exclusive Lawtech event held at the British Embassy in Bucharest. This prestigious […]

February 2, 2024

In recent news that’s sending shockwaves through the financial compliance world, a meticulously planned and executed scheme to bypass the United States’ stringent money laundering regulations […]

February 2, 2024

London, United Kingdom – 2 February 2024 In a high-stakes mission that underscores the UK’s dominance in the legal technology sector, Lawtech Software Group, along with […]

February 1, 2024

TD Bank is facing challenges as it awaits a penalty from Canada’s financial watchdog, FinTRAC. The bank’s anti-money laundering framework was found to be inadequate, which […]

January 31, 2024

Financial regulation is a complex system designed to prevent financial misconduct and the misuse of money for illegal purposes. Within this framework, two important instruments are […]

January 31, 2024

In a captivating legal case, the sentencing of a former solicitor has been adjourned, adding complexity to an already intriguing and intricate situation. The accused, once […]

January 30, 2024

In the complex and morally-bound world of the legal profession, a recent incident serves as a strong reminder of the consequences of dishonesty and professional misconduct. […]

January 30, 2024

The legal landscape is on the brink of significant change, prompted by the Solicitors Regulation Authority (SRA) who are determined to ensure regulations across all law […]

January 29, 2024

The relentless evolution of the global financial landscape rolls out both opportunities for legitimate business activities and unsavory prospects for financial criminality. The fight against these […]

January 26, 2024

In today’s complex legal sector, AML (Anti-Money Laundering) and KYC (Know Your Customer) play important roles especially in the client onboarding process. As lawyers and law […]

January 26, 2024

The aftermath of financial wrongdoing led to a modern AML saga that shows the consequences of insufficient anti-money laundering measures. The New York Department of Financial […]

January 25, 2024

There is real momentum building around the use of technology and its growing influence on the legal sector. Law firms are adapting to these prominent changes […]

January 24, 2024

In the highly regulated world of banking, compliance acts as a protective shield for financial institutions against illicit activities. Almost every day, news headlines highlight the […]

January 23, 2024

The defined boundaries of a solicitor’s duty were broken in a recent disciplinary case that unraveled a series of improper client account transfers. David John Goldsmith, […]

January 22, 2024

In the complex, ever-evolving legal sector, one of the most essential aspects of any efficient, functioning law firm is the processes in place, particularly how clients […]

January 19, 2024

Essex based TTS Legal have become the latest law firm to receive a fine from The Solicitors Regulation Authority for anti-money laundering failings. The firm have […]

OFSI
January 19, 2024

In the fast-paced world of financial regulations, a lack of adaptation leads to to hefty fines and tarnished reputations. The recent case of Richard Lionel Jones, […]

January 19, 2024

London, UK – 18 JAN 2024 – Vanessa Ganguin Immigration Law, a leading immigration practice known for its exceptional service and expertise, is proud to announce […]

January 18, 2024

The intricacies of money laundering and the financial operations of politically exposed persons (PEPs) have long been a focal point within regulatory compliance. However, the landscape […]

January 17, 2024

Anti-money laundering (AML) regulations are firmly in the spotlight with regulators cracking down on firms and partners failing compliance measures. Remaining compliant is vital for all […]

January 15, 2024

The Solicitors Regulation Authority (SRA) has issued its first fixed penalty fine to a law firm for a breach pertaining to compliance officer rules, a decision […]

January 15, 2024

In a landmark case that promises to set a precedent affecting numerous businesses within the UK’s legal sector, a court is to examine the legitimacy of […]

January 12, 2024

In an ever-evolving landscape of financial regulation, HM Revenue and Customs (HMRC) has been at the forefront of enforcing stringent controls to curb money laundering activities. With […]

January 12, 2024

13th January 2024 – Lawtech Software Group, a UK leader in legal technology, is poised to showcase its innovative solutions at the prestigious New York Legal […]

January 12, 2024

Prominent law firm Clyde & Co, a major name in the legal sector have been fined £500,000 by the Solicitors Disciplinary Tribunal (SDT). This fine matches […]

AML software
January 9, 2024

Financial crime is on the rise and 2024 anticipates the microscope focused even more on the problems. Over 600 financial crime supervision cases were opened during […]

January 5, 2024

Money laundering remains a substantial threat to the UK economy, with an estimated annual cost of £100 billion. The government’s response comes in the form of […]

January 5, 2024

The legal sector is witnessing a transformative shift due to the integration of technology, as evidenced by a 2021 SRA survey and ongoing trends into 2022 […]

January 4, 2024

From case workload to compliance and client interactions, the legal industry faces a myriad of challenges. Let’s take a closer look at how technology, specifically designed […]

sanctions
January 3, 2024

The UK has recently escalated its measures against the Russian regime with the introduction of the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2023. These […]

January 3, 2024

As we enter 2024, law firms are encountering an increasingly complex landscape, particularly in compliance and client management. The Solicitors Regulation Authority (SRA) has highlighted a […]

December 17, 2023

December 15, 2023 – The Solicitors Regulation Authority (SRA) has recently reinforced its commitment to enforcing anti-money laundering (AML) regulations by imposing fines on two law […]

dtm legal llp
December 11, 2023

DTM Legal LLP, a leading law firm known for its commitment to quality of service, legal excellence,  passion for their work, care for their clients, and […]

sanctions
December 6, 2023

The National Crime Agency (NCA) in the UK has issued a critical warning to financial institutions and regulated sectors regarding Russia’s ongoing efforts to bypass sanctions […]

December 4, 2023

The HM Treasury recently updated its advisory notice on Money Laundering and Terrorist Financing Controls in high-risk third countries, effective December 4, 2023. This notice impacts […]

December 4, 2023

In a significant legal development, William Osmond, a British solicitor, has been sentenced for “tipping off” a client regarding a money laundering investigation. This case marks […]

December 1, 2023

London, UK – 30 November 2023 – The LegalEx Panel on “Technology in International Disputes” hosted at the Keynote Theatre marked a significant milestone in the […]

November 27, 2023

Binance’s Compliance Challenges and the Role of Technology in AML Efforts Recently, the cryptocurrency exchange Binance faced significant legal challenges when its CEO, Changpeng Zhao, pleaded […]

November 27, 2023

Ashfords, a prominent law firm in the South-West, has been subjected to a substantial fine of £101,357 due to inadequacies in handling potential money laundering risks […]

November 21, 2023

The Economic Crime and Corporate Transparency Act, receiving royal assent on 26 October 2023, introduces significant reforms in the UK’s approach to corporate transparency and the […]

November 20, 2023

A recent review by the Council for Licensed Conveyancers (CLC) has revealed a significant compliance gap in anti-money laundering (AML) practices among licensed conveyancers. The CLC’s […]

November 17, 2023

In the fast-paced legal sector, law firms are continuously seeking ways to manage their operations more efficiently and effectively. The rise of unified legal practice management […]

New Economic Crime Power
November 17, 2023

The Solicitors Regulation Authority (SRA) has recently implemented its first set of fixed penalty notices, targeting firms that have failed to adhere to transparency rules. This […]

November 17, 2023

In a recent development impacting the real estate sector, the Australian government is considering reforms to the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act that would […]

November 16, 2023

AML regulations are in a constant state of change and it is a tough challenge for law firms to ensure adherence to compliance and prevent exposure […]

November 13, 2023

In a decision that underscores the legal sector’s stringent stance on anti-money laundering (AML) compliance, two licensed conveyancers have been handed permanent disqualifications following a serious […]

November 11, 2023

The Warwickshire legal community recently gathered at the historic Nailcote Hall in Coventry for an evening of recognition and celebration. The Warwickshire Law Society Awards, sponsored […]

November 8, 2023

British legal experts specialising in digital assets and fraud have expressed admiration for the swift conviction of former ‘crypto king’ Sam Bankman-Fried by US authorities. While […]

sanctions
November 7, 2023

Official data recently disclosed that more than 100 UK companies have confessed to violating British sanctions against Russia in the wake of Moscow’s full-scale invasion of […]

November 3, 2023

[NEWS] In a shocking revelation, an offshore firm based in the Seychelles, Alpha Consulting, has been exposed for its involvement in creating companies used by members […]

November 2, 2023

In the backdrop of changing political and economic landscapes, China’s billionaire echelon is witnessing a remarkable shift. More and more of the country’s ultra-wealthy are looking […]

November 2, 2023

DynamicID vs Onfido: Comparison As we delve into the verification services offered by DynamicID and Onfido, we compare their offerings, from speed and security to pricing, […]

October 30, 2023

The prominent international body, Financial Action Task Force (FATF), has announced the inclusion of EU member state Bulgaria to its “grey list,” signifying a heightened watch […]

October 29, 2023

In an era marked by technological innovation and evolving challenges, the UK has taken a defining stride to protect its business landscape and maintain its reputable […]

October 26, 2023

A staggering $10 billion, laundered over three years by a sophisticated Chinese syndicate known as the Long River gang, brings the urgency of advanced Anti-Money Laundering […]

October 26, 2023

The Solicitors Regulation Authority (SRA) has imposed fines on two prominent law firms for failing to adhere to anti-money laundering (AML) regulations. A London-based law firm, […]

October 26, 2023

[LONDON] [26 OCT]- Verify 365, a leading provider of innovative legal technology solutions, is thrilled to announce an exclusive partnership with Will Aid, a renowned UK […]

October 25, 2023

In New Zealand, the onboarding process for clients and companies by lawyers involves various identification and Anti-Money Laundering (AML) checks to comply with the Anti-Money Laundering […]

October 19, 2023

For the legal profession itself, AI presents a dual-edged sword – both a threat and an opportunity. A 2021 report from the UK’s Law Society painted […]

October 18, 2023

Birmingham, Compliance Conference 2023 – The Solicitors Regulation Authority (SRA) has delivered a stern message to the legal industry, announcing significant fines as part of an […]

October 18, 2023

BIRMINGHAM – 18 October 2023 – The Solicitors Regulation Authority (SRA) hosted its highly anticipated Compliance Conference this morning, featuring the esteemed presence of SRA Chair […]

October 16, 2023

Your Gateway to the Latest SRA Compliance Updates and Legal Insights Birmingham, 16 Oct 23 – Legal professionals, mark your calendars for the much-anticipated Solicitors Regulation Authority […]

October 16, 2023

London, UK – 16 October 2023: In an ambitious stride aimed at transforming Client Due Diligence (CDD) and Anti-Money Laundering (AML) compliance in the legal sector, […]

AML compliance software, money laundering, compliance
October 15, 2023

London, October 13, 2023 – The Law Society has voiced apprehensions about the potential compromise of anti-money laundering (AML) supervision due to government reform proposals. In […]

October 13, 2023

VERIFY 365 OFFERS INDUSTRY-LEADING SOLUTIONS IN LIGHT OF RECENT AML ENFORCEMENT TRENDS LONDON, 13 October 2023 – The landscape of Anti-Money Laundering (AML) enforcement is rapidly […]

October 13, 2023

Surrey, UK] – 13 OCT 23– The Surrey Law Society Awards 2023, a prestigious event held at the stunning G Live venue in Surrey, brought together […]

October 10, 2023

A recent report reveals that the Australian legal profession is actively taking steps to minimise the risk of involvement in money laundering. Where vulnerabilities exist, they […]

October 9, 2023

London – 8 October 2023 With a storied career at the confluence of law and technology, Rudi Kesic is a beacon of innovation in the legal […]

October 6, 2023

UAE-Based Fintech Company Penalised for Anti-Money Laundering Shortcomings Abu Dhabi, October 4, 2023 – In a significant development, Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory […]

October 5, 2023

Cumbrian law firm Waugh & Musgrave has been fined by the Solicitors Regulation Authority (SRA) for a significant and prolonged failure to fulfill an undertaking in […]

sis legal awards
October 5, 2023

Guildford, October 4, 2023 – As the legal community eagerly anticipates the upcoming Surrey Law Society Legal Awards, one standout highlight on the event’s agenda is […]

October 5, 2023

Are you in search of a more efficient and streamlined method for verifying a client’s source of funds quickly and intelligently? In this article, we delve […]

October 4, 2023

3 October 2023, London – The Legal Services Board (LSB) has advocated for assuming responsibility for the supervision of anti-money laundering (AML) in the legal sector, […]

admisi
October 4, 2023

London, 04 October 2023 – In a significant enforcement action, ADM Investor Services International (ADMISI), a broker affiliate of Archer Daniels Midland, has been ordered by […]

October 3, 2023

Paris, September 29, 2023 – The Paris public prosecutor’s office has initiated an investigation into money laundering allegedly involving French billionaire Bernard Arnault and Russian businessman […]

October 2, 2023

Los Angeles, California – 2 October 2023 – Verify 365, the award-winning regulation technology (“regtech”) platform, is thrilled to announce its strategic expansion targeting law firms […]

October 2, 2023

Date: 02 October 2023 The United Kingdom has intensified its punitive stance against Russia’s continuous illegitimate activities in Ukraine. The UK Foreign Secretary announced new sanctions […]

LAWTECH 365
September 29, 2023

Denver, Colorado – 29 September 2023 – Lawtech 365 Group, the award winning legal technology company, is excited to announce the opening of its new office […]

gannons solicitors
September 27, 2023

Gannons Solicitors, a prominent name in the legal sector known for its commitment to providing top-quality services to entrepreneurs and SMEs, has taken a significant step […]

September 26, 2023

In the US, legal regulatory reform is gaining traction, and pioneering states such as Utah, Arizona, Alaska, and New York are leading the charge by reassessing […]

September 26, 2023

Australia stands on the cusp of substantial reform within its anti-money laundering (AML) and counter-terrorism financing (CTF) landscape. The Attorney-General’s Department, recognising the pressing need for […]

September 26, 2023

Clients of the troubled legal firm Axiom Ince have been informed of its imminent shutdown, according to internal sources. An email circulating among the clients, viewed […]

September 26, 2023

DWS Investment Management Americas, a part of Deutsche Bank, is facing two separate enforcement actions by the U.S. Securities and Exchange Commission (SEC), culminating in a […]

September 25, 2023

In the multifaceted world of UK law and compliance, particularly for legal professionals, identifying and understanding Ultimate Beneficial Owners (UBOs) is a non-negotiable priority.  These individuals, […]

September 25, 2023

The Law Society of Scotland has firmly rejected the notion of establishing a single UK-wide anti-money laundering (AML) supervisor, citing concerns that such a standardised approach […]

September 22, 2023

Joanna Goodman: AI in Legal At the Accesspoint Legal Innovators Forum 2023 sponsored by Verify 365, Joanna Goodman delved into the intersection of artificial intelligence (AI) […]

September 21, 2023

Accesspoint Legal Innovators Forum: Verify 365’s Seamless Integration with Case Management Systems This afternoon, at the Accesspoint Legal Innovators Forum sponsored by Verify 365, the audience […]

money laundering
September 21, 2023

An Overview of Mev Dzihic’s Presentation at the Access Point Legal Innovators Forum At the Access Point Legal Innovators Forum held this morning, Mev Dzihic, Director […]

September 20, 2023

Tight deadlines, strict compliance regulations and never-ending client demands create an environment where human error can have significant repercussions for law firms and conveyancing firms. The […]

September 20, 2023

Croatia’s Response to FATF’s Grey List Inclusion: Navigating Through Modern AML Solutions 20 September 2023, London — Croatia’s recent inclusion in the FATF’s “grey list” presents […]

September 20, 2023

 Introduction The importance of strict client onboarding, identification verification and adherence to AML compliance cannot be stressed enough for U.S. law firms. With instances of high-profile […]

innovators forum
September 18, 2023

At Verify 365, we’ve always believed in empowering, enlightening, and engaging with our community. This ethos drives every decision we make, every product we develop, and […]

europol report
September 18, 2023

In today’s ever-evolving financial landscape, the fight against money laundering and corruption is becoming increasingly complex. Criminal networks are continuously innovating, exploiting the latest financial technologies, […]

September 18, 2023

Recent research has revealed that numerous UK universities accepting significant cash payments for tuition and accommodation fees might be inadvertently aiding money laundering activities. Of the […]

September 16, 2023

The Worcestershire Law Society (WLS), steeped in tradition since its founding in 1841, gathered local legal luminaries and supporters for an evening of celebration at the […]

Bosnia money laundering
September 15, 2023

Bosnia and Herzegovina currently faces significant challenges in addressing money laundering and terrorist financing, potentially endangering its financial relations with the European Union and other nations. […]

September 14, 2023

The recent revelations of a billion-dollar Chinese money-laundering network with connections to London real estate underscore the critical need for advanced technology in the legal sector […]

September 12, 2023

As the digital era advances, the legal world is adapting and growing with it. Traditional legal practices are shifting to make room for new methods. One […]

powers of attorney
September 11, 2023

This guidance provides a comprehensive checklist for new Money Laundering Compliance Officers (MLCOs) and Money Laundering Reporting Officers (MLROs) to fulfil their roles effectively while ensuring […]

client intake
September 11, 2023

In the dynamic world of law, client intake and lead generation stand as the bedrock upon which success is built. Today, we embark on a journey […]

Compliance and Efficiency
September 8, 2023

London, 08/09/23 – Helen Smith Immigration, a leading firm specialising in corporate immigration matters, has taken a significant leap forward in ensuring compliance, streamlining AML and […]

September 8, 2023

In a significant move to align with international standards and combat money laundering and terrorist financing, the Swiss government has initiated consultations on proposed reforms to […]

September 6, 2023

Introduction  In an era where financial transactions become increasingly complex, the threat of money laundering looms larger than ever. Law firms, entrusted with large transactions and […]

September 5, 2023
London, September 5, 2023 – The Financial Conduct Authority (FCA) has announced the commencement of a comprehensive review concerning the treatment of Politically Exposed Persons (PEPs) […]
September 5, 2023

Wei Chen, a successful businesswoman and millionaire entrepreneur, has found herself in a legal tangle as her bank account was frozen amid suspicions of money laundering. […]

September 3, 2023

In a groundbreaking move announced during the Queen’s Speech in 2022, the UK is set to witness a transformative shift in the way businesses operate and […]

August 31, 2023

In the intricate world of legal services, where precision and efficiency are paramount, a growing concern threatens the financial stability of many UK law firms. New […]

AML Checks and Client Onboarding
August 31, 2023

 Introduction   As technology continues to revolutionise the legal industry, automating various processes can enhance efficiency, reduce costs, and boost compliance. For law firms and compliance […]

OFSI
August 31, 2023

31 August 2023 | NEWS In a pivotal move to bolster the enforcement of financial sanctions, the Office of Financial Sanctions Implementation (OFSI) has employed its […]

August 30, 2023

In today’s intricate financial landscape, where regulations are tightening and financial crimes are becoming increasingly sophisticated, maintaining robust anti-money laundering (AML) compliance is non-negotiable. However, the […]

AML Law in Singapore
August 30, 2023

In the ever-evolving digital landscape, the lines between perpetrators and victims of cybercrime are becoming increasingly blurred. It’s heart-wrenching to hear of individuals who have fallen […]

August 30, 2023

In a bid to uphold its reputation as a robust and trustworthy global financial hub, the UAE’s Ministry of Economy recently undertook a significant measure. Fifty […]

Lexcel accreditation
August 30, 2023

The Lexcel standard, introduced by the Law Society in 1998, has evolved into a reliable method for legal practices to mitigate risks, reduce complaints, and minimise […]

August 29, 2023

At Verify 365, we are excited to announce our upcoming participation in the prestigious LegalEx event, where we’ll not only be exhibiting but also sharing insights […]

August 27, 2023

27 August 2023 The Land Registry has come under scrutiny due to substantial delays in property registrations. Consequently, homeowners and buyers are experiencing financial strains, with […]

August 24, 2023

25 August 2023 – London Amid the evolving landscape of legal compliance, Verify 365 has conducted an in-depth survey involving responses from over 100 premier law firms […]

August 23, 2023

With increasing digital interactions and international clientele, law firms today face the dual challenge of streamlining operations and bolstering security. Central to this modern transformation is […]

Managing Risk and AML Compliance in 2023
August 21, 2023

In a digital age where innovation is rewriting the rules of traditional industries, the realm of law has experienced a transformative revolution like never before. With […]

New Economic Crime Power
August 21, 2023

Morgan Wiseman, a law firm located in Luton, has recently been fined by the Solicitors Regulation Authority (SRA) for a procedural error involving the transfer of […]

August 17, 2023

Simplifying AML Compliance: HMRC’s Relaxation for Pension Plans Earlier this year, we shared insights on the evolving landscape of anti-money laundering (AML) regulations and the necessary […]

August 17, 2023

A Comprehensive Guide for Law Firms and Regulated Professionals As law firms and regulated professionals navigate the increasingly complex world of client onboarding, it is essential […]

Risk and Compliance Onboarding Solutions
August 17, 2023

In a resounding display of Singapore’s commitment to combating financial crimes, authorities have recently seized an astonishing S$1 billion ($735 million) in assets as part of […]

August 16, 2023

At the heart of every legal practice lies the pursuit of excellence, from the advice provided to the relationships cultivated. However, amidst the hustle and bustle […]

Digital Onboarding
August 14, 2023

Verify 365’s digital onboarding is a pioneering solution that expedites the client verification process through the integration of biometric and document fraud detection technology. By seamlessly […]

Mossop & Bowser Solicitors
August 14, 2023

Mossop & Bowser Solicitors, a distinguished law firm known for its comprehensive legal services, has taken a proactive stance to meet the latest regulatory requirements and […]

August 10, 2023

Faster Client Onboarding: Unveiling the Power of Verify 365 Digital Onboarding for Law Firms In the realm of legal practice, time is of the essence, and […]

August 10, 2023

In the dynamic landscape of the legal industry, efficiency, compliance, and seamless workflow management are paramount. As law firms navigate complex regulatory requirements and strive for […]

eIDV Software Provider
August 10, 2023

In the intricate world of modern business, where global transactions and partnerships are the norm, regulatory compliance has become a cornerstone of sustainable success. At the […]

August 10, 2023

In a recent development that has sent ripples through the legal community, prominent City law firm Clyde & Co finds itself once again in the spotlight […]

August 8, 2023

In a significant development, Gerard McTaggart, a 47-year-old plasterer, has been handed a prison sentence of more than four years for his involvement in a money […]

August 5, 2023

]The art world has long been perceived as an attractive haven for money launderers, offering anonymity and a platform for large cash transactions. While some argue […]

accesspoint and verify 365 integration
August 5, 2023

The legal industry is constantly evolving, and with increasing pressure to adopt new technologies and meet regulatory requirements, law firms need innovative solutions to stay competitive. […]

August 4, 2023

More than two decades after the concept of ‘e-conveyancing’ was first introduced, a collaborative effort has been established to finally make it a reality. The Digital […]

risk agenda 2023
August 1, 2023

Anti money laundering  The Risk Agenda 2023 from CLC emphasises the high priority placed on tackling economic crime, particularly in relation to Anti-Money Laundering (AML) and […]

August 1, 2023

Dubai Financial Services Authority (DFSA) has issued a significant fine on Mirabaud (Middle East) Limited, demonstrating its commitment to enforcing stringent anti-money laundering (AML) compliance measures. […]

August 1, 2023

In today’s fast-paced world, the benefits of implementing ePayments in your law firm are numerous and can greatly streamline your operations. To further elaborate on the […]

July 31, 2023

WASHINGTON, D.C. – In a significant move aimed at enhancing the oversight of the burgeoning cryptocurrency industry, the U.S. Senate has passed amendments to the National […]

July 31, 2023

SINGAPORE – In response to the Monetary Authority of Singapore’s (MAS) proposed measures to tighten money laundering surveillance of family offices, Verify 365 reinforces its commitment […]

July 31, 2023

Colombian President Gustavo Petro’s son, Nicolas Petro, has been arrested on charges of money laundering and illicit enrichment, according to the country’s attorney general. Nicolas Petro, […]

July 31, 2023

The recent £4,000 fine imposed by the Solicitors Regulation Authority (SRA) on Bevan-Evans & Capehorn Solicitors LLP serves as a stark reminder of the critical importance […]

Rudi Kesic CEO of Dynamic ID giving interview on Biometric technologies.
July 31, 2023

Introduction Biometrics extends far beyond its portrayal in movies, encompassing various modalities such as fingerprints and iris scans. Biometrics can be used in different ways. We […]

Risk and Compliance Onboarding Solutions
July 31, 2023

[SINGAPORE] Verify 365 has consistently served numerous global companies, creating efficient risk and compliance verification processes, preventing fraud and ensuring regulatory compliance. We’re ready to extend […]

July 26, 2023

In the realm of risk and compliance, identifying and managing politically exposed persons (PEPs) plays a vital role in safeguarding financial systems from potential corruption and […]

key aml red flags
July 26, 2023

As a leading AML tech provider, Verify 365 is dedicated to helping law firms detect and effectively address red flags related to anti-money laundering (AML) practices. […]

July 26, 2023

[NEWS] Germany is taking significant steps to combat money laundering by introducing the Federal Bureau of Financial Intelligence, as outlined in a draft of the planned […]

Dentons
July 26, 2023

Dentons, the world’s largest law firm, is currently under scrutiny as it faces allegations before the Solicitors Disciplinary Tribunal for breaching anti-money laundering (AML) regulations. The […]

July 26, 2023

As of July 2023, the European Union (EU) is making significant strides in transforming its approach to combating financial crime through a comprehensive Anti-Money Laundering (AML) […]

July 25, 2023

In the intricate world of law, protecting against financial risks is a top priority for legal professionals. As the challenges of money laundering and illicit activities […]

Kangs solicitors
July 24, 2023

Kangs Solicitors, a leading boutique law firm renowned for its expertise in criminal and civil litigation, is proud to announce its strategic partnership with Verify 365, […]

July 24, 2023

In an intensified effort to address global security concerns and human rights violations, both the United Kingdom and the United States have recently announced new rounds […]

Laptop with AI and Big data dashboards
July 21, 2023

An Unparalleled Fusion of AI, Big Data, and Verify 365’s Advanced Risk and Compliance Technology, Matrix 365 is set to Revolutionise the Conveyancing Landscape London, 20 […]

July 19, 2023

The estate agency sector has witnessed a notable surge in Anti-Money Laundering (AML) fines during the 2022/23 financial year. Recent data indicates that estate agents now […]

KYB Company Checks
July 17, 2023

Traditional methods of onboarding and due diligence for companies often involve cumbersome processes, leading to inefficiencies and potential compliance gaps. Verify 365’s innovative international KYB solutions […]

July 16, 2023

As we delve into the digital age, an integrated and seamless workflow is not just a luxury, it’s a necessity. For law firms, such integration can […]

July 16, 2023

In the complex world of legal procedures, accuracy, efficiency, and compliance form the foundation of every successful case. Legal forms, spanning the gamut from Inheritance Tax […]

client intake and onboarding
July 15, 2023

Maintaining optimal efficiency without compromising on regulatory responsibilities, like Anti-Money Laundering (AML) checks and identity verifications is a balancing act — The good news? Technological innovations are […]

July 15, 2023

In a landmark case that sheds light on the persistent threat of money laundering, six individuals have been sentenced for their involvement in a sophisticated network […]

July 15, 2023

Creating a Seamless Client Onboarding Experience Verify 365 revolutionise the client intake process by offering an organised, user-friendly system to capture key client details. By digitally […]

July 15, 2023

The United Arab Emirates (UAE) has recently taken a decisive action against suspected money laundering activities, resulting in the suspension of Emirates Gold DMCC, a major […]

russian assets
July 14, 2023

On July 13, 2023, Star Racing Limited, a prominent gambling operator trading as Star Sports, found itself facing a substantial penalty of £594,000 due to its […]

Perfect Client Onboarding Solution for Conveyancing Law Firms
July 13, 2023

Conveyancing risks  Conveyancing involves a range of risks that law firms must carefully navigate to protect themselves and their clients. This is the same for most […]

July 12, 2023

In the dynamic world of financial transactions, it is crucial for businesses to stay vigilant against money laundering and ensure compliance with anti-money laundering (AML) regulations. […]

Index Property Information & Verify 365 Announce New Strategic Partnership
July 12, 2023

A new strategic partnership has been announced between Index Property Information, the leading provider of conveyancing searches, compliance reports and workflow solutions, and the innovative technology […]

AML Law in Singapore
July 11, 2023

Over the past five years, the Monetary Authority of Singapore (MAS) has penalised 17 financial institutions for breaches of Singapore’s laws on money laundering and terrorism […]

New Economic Crime Power
July 11, 2023

11 July 2023 – Money laundering continues to be a pressing concern within the legal industry, with small law firms being particularly vulnerable due to the […]

July 8, 2023

National defendant insurance firm Plexus Law, based in Leeds, has recently been acquired by Axiom Ince Limited, the owner of UK law firm AxiomDWFM and international […]

July 8, 2023

As law firms navigate an increasingly globalised and digital landscape, the importance of robust Anti-Money Laundering (AML) procedures has never been more critical. This guide provides […]

July 8, 2023

Revolutionise your legal services with Verify 365, the award-winning digital client onboarding solution. Tailored for optimal internal efficiency, Verify 365 equips your law firm to effectively […]

July 8, 2023

Breathe life into your client enquiry process with Verify 365’s instant conveyancing quotes. Make a lasting first impression and amplify your client intake by offering self-serving […]

July 8, 2023

SASKATCHEWAN, CANADA – In a surprising legal decision, a farmer was ordered to pay C$82,000 (£50,000) for using a “thumbs-up” emoji as a response to a […]

July 8, 2023

Employers and landlords are now equipped with a fresh set of rules from the UK government on how to effectively utilise certified digital identity service providers […]

July 8, 2023

NEW ZEALAND, 7 July 2023 – Hills Real Estate recently received a formal warning from the Department of Internal Affairs (DIA) for non-compliance with the Anti-Money […]

July 7, 2023

SYDNEY, AUSTRALIA, 07/07/23 – In a pioneering move, Verify 365, the leading risk and compliance technology provider, announces its expansion into Australia and New Zealand, aimed […]

July 7, 2023

Conveyancing law firms seeking an edge in today’s fast-paced, digital landscape need tools that enhance efficiency, accuracy, and client service. Enter Verify 365 – a comprehensive […]

July 7, 2023

As law firms face ever-growing compliance demands, client onboarding becomes a critical area of focus. Verify 365, a comprehensive risk and compliance technology platform, is designed […]

July 7, 2023

Introduction Professional Indemnity Insurance (PII) renewal is a critical juncture for law firms, especially for those that deal in conveyancing. This line of work generates a […]

July 6, 2023

BRUSSELS, 6 July 2023 – In a move set to redefine open banking, the European Commission (EC) unveiled a comprehensive proposal that aims to replace the […]

July 6, 2023

LONDON, UK, July 6, 2023 – Rudi Kesic, CEO of Verify 365, the London-based risk and compliance AML (Anti-Money Laundering) technology provider, has weighed in on […]

July 5, 2023

LONDON, July 5, 2023 – HM Treasury, in its long-anticipated consultation, has proposed a potential shift in the landscape of the United Kingdom’s anti-money laundering (AML) […]

July 3, 2023

In a landmark case of high-profile crime, notorious criminals who supplied Scotland’s most elusive gangsters with fake passports have been incarcerated. These high-risk criminals paid as […]

July 3, 2023

With increasing globalisation and the expansion of digitisation in numerous fields, the challenge of maintaining proper client ID and risk management is more pressing than ever. […]

July 3, 2023

London, UK, June 30, 2023 – London-based Verify 365 is redefining risk and compliance standards in the legal industry with its advanced and comprehensive suite of […]

July 3, 2023

Record numbers of individuals are resorting to counterfeit passports and visas to gain entry into the UK, representing an unprecedented surge in fraudulent attempts to bypass […]

July 1, 2023

Introduction In the modern digital landscape, law firms globally are tasked with an increasing complex maze of compliance obligations. These include globally recognised anti-money laundering (AML) […]

July 1, 2023

Navigating the complex web of compliance in the legal sector can be a daunting task. With the rise in global regulations aimed at combating financial crimes, […]

July 1, 2023

The legal sector is no stranger to the labyrinth of Anti-Money Laundering (AML) regulations. As the framework for these laws becomes increasingly complex, the strain on […]

Digital Economy Agreement
June 23, 2023

The world’s most innovative trade agreement, the UK-Singapore Digital Economy Agreement (DEA), has heralded a new era of collaboration in the digital economy, with particular focus […]

ASEAN market
June 22, 2023

The vibrant city-state of Singapore played host to a remarkable networking reception last night, organised by Asia Market Entry and co-hosted by Tech London Advocates, showcasing […]

June 21, 2023

[NEWS] At the end of May, the Council for Licensed Conveyancers (CLC) quietly introduced a new Source of Funds (SOF) and Source of Wealth (SOW) checklist […]

russian assets
June 21, 2023

In a significant move, the UK has introduced new legislation that empowers ministers to maintain sanctions on Russia until compensation is paid to Ukraine. This development […]

Legal Technology Leading the Charge: Top 10 UK Lawtech Companies - Rudi Kesic - London
June 21, 2023

LONDON – 21 JUNE 2023 – The legal sector, a traditionally conservative domain, has been swept up in the wave of digital transformation in recent years. […]

British Chamber of Commerce Singapore
June 21, 2023

Singapore, June 21, 2023 – Today, the British Chamber of Commerce Singapore (BCC Singapore) commenced the week’s trade mission with a morning event at the British […]

Top Lawtech
June 20, 2023

LONDON, UK – 20 June 2023 – The leading authority on technology startups, the “Top Startups Guide,” has named Verify 365 as the top Lawtech start-up […]

singapore AML reform
June 19, 2023

As the fight against money laundering intensifies globally, Singapore has taken a significant stride towards strengthening its Anti-Money Laundering (AML) efforts with the introduction of the […]

June 18, 2023

LONDON, UK – JUNE 10, 2023 – London has secured its position as a leading global destination for technology investment over the past decade, with a […]

Policy eNews
June 18, 2023

London, 18 June 2023 Welcome to Verify 365 Risk & Compliance technology’s Policy eNews, your regular briefing on key global policy updates from the world of […]

eIDV Software Provider
June 18, 2023

In today’s digital landscape, the legal industry faces the challenge of ensuring secure and efficient client onboarding while adhering to stringent Anti-Money Laundering (AML) regulations. This […]

June 18, 2023

AML risks in estate agencies In the real estate industry, there are high risks associated with money laundering activities. Recent fines imposed by HM Revenue & […]

Risk and Compliance Onboarding Solutions
June 15, 2023

Singapore, 6th June 2023 – Verify 365, a global leader in risk and compliance onboarding solutions, is pleased to announce the opening of its new office, […]

June 13, 2023

Verify 365 and FormEvo Announce Strategic Partnership to Enhance Risk & Compliance Technology PlatformLondon, 12 June 2023 – Verify 365, a leading provider of risk and […]

powers of attorney
June 13, 2023

Exciting news for the legal sector as the UK Government moves forward with plans to modernise the Lasting Power of Attorney (LPA) system, paving the way […]

client due diligence Singapore
June 12, 2023

Welcome to the Ultimate Client Due Diligence Checklist and Guide tailored specifically for law firms operating in Singapore.  This comprehensive resource is designed to assist you […]

powers of attorney
June 12, 2023

Leveraging Open Banking for Source of Funds and Wealth Checks in Property Transactions: A Comprehensive Guide   Introduction In the legal world, the importance of conducting […]

June 9, 2023

The legal industry, like many others, has witnessed a significant transformation in the wake of the COVID-19 pandemic. The global health crisis has not only reshaped […]

Digital Identity
June 8, 2023

The Future of Digital Identity: A Close Look at MyID Digital Identity Wallet Technology A world where digital identity can be verified once and shared anywhere […]

Lawtech Delegation to Singapor
June 6, 2023

SINGAPORE – June 6, 2023 – Verify 365, a leading innovator in risk and compliance onboarding, has been officially selected by the UK Ministry of Justice […]

Inadequate AML Checks conflict of interest
June 5, 2023

Laceys, a renowned law firm in Bournemouth, has been fined £4,250 for a failure to identify a conflict of interest while representing a party in a […]

source of funds source of wealth
June 4, 2023

As a legal professional, you may have found that source of funds and source of wealth checks can be challenging and sometimes difficult to apply in […]

June 4, 2023

In the wake of the recent conviction of Fleetwood Town’s owner, Andrew Pilley, for fraud and money laundering, industry experts are calling on lawyers and banks […]

Law Firm Onboarding and AML Compliance
June 1, 2023

The powerful combination of cloud-based case management systems and automated Anti-Money Laundering (AML) solutions has been led by leading technology platforms Actionstep and Verify 365. In […]

Inadequate AML Checks conflict of interest
June 1, 2023

London, 1 June 2023 – In a shocking turn of events, a solicitor’s inadequate AML checks have led to two fraudulent property transactions, highlighting the pressing […]

AML failings
May 30, 2023

Crown Resorts, one of Australia’s leading casino operators, is bracing for a significant financial blow after lodging a joint submission with the financial regulator, AUSTRAC, to […]

High-Risk Third-Country
May 30, 2023

The European Commission, in its ongoing efforts to strengthen AML and CFT (Countering the Financing of Terrorism) regimes, has updated its list of high-risk third-country jurisdictions. […]

global money laundering
May 20, 2023

Recent revelations regarding major global banks allegedly facilitating money laundering activities have brought the critical importance of robust Anti-Money Laundering/Know Your Customer (AML/KYC) procedures to the […]

May 20, 2023

The recent warnings from financial watchdogs regarding the need for robust measures against money laundering highlight the critical importance for law firms to implement effective Anti-Money […]

sanctions
May 20, 2023

In recent news, five law firms have come under investigation for potentially violating European Union sanctions by providing services to Russian oligarchs with ties to the […]

May 19, 2023

Verify 365, a rapidly growing technology company renowned for its pioneering UK-developed AML and onboarding technology, is thrilled to announce that it has been honoured with […]

May 17, 2023

The Silverstone Circuit, renowned as the home of British motorsport, served as the stunning venue for an exceptional legal tech event. With its picturesque location overlooking […]

AML Regulations for Law Firms
May 16, 2023

In an era plagued by relentless cyberattacks and financial malfeasance, experts warn that the world’s financial systems are teetering on the edge of an unprecedented crisis. […]

May 16, 2023

Digital Identity Legislation in Australia: Opportunities and Concerns During the recent election campaign, minor parties such as Pauline Hanson’s One Nation and the United Australia Party […]

May 16, 2023

The Victorian government recently announced a pilot program for digital driver licences, set to be conducted in the regional city of Ballarat. The initiative follows the […]

May 16, 2023

A recent court ruling exposed a major fraudulent operation that has been serving some of the world’s most wanted criminals for over 20 years. This revelation […]

May 16, 2023

Renowned businessman, philanthropist, and Conservative Party donor, Javad Marandi, is now at the forefront of a major international money laundering inquiry. This recent development came to […]

May 16, 2023

Biometrics have become an indispensable tool across various industries, revolutionising processes from accessing mobile applications to opening new bank accounts. In the legal sector, where compliance […]

Lasting power of attorney
May 15, 2023

Lasting power of attorney (LPA) are becoming increasingly important in today’s society. The LPA system allows individuals to appoint trusted people (attorneys) to manage their affairs […]

fight fraud
May 15, 2023

Earlier this month, the UK Government unveiled its new fraud strategy, outlining an ambitious plan to combat fraud and cybercrime by reducing it by 10 percent […]

Managing Risk and AML Compliance in 2023
May 15, 2023

Managing Risk and AML Compliance in 2023 In the legal sector’s current landscape, there is a startling revelation: law firms are perilously risking their reputation and […]

May 15, 2023

By Ardi Melikian – Director at Verify 365 Australia As the Director at Verify 365 Australia, I am keenly aware of the significant impact that potential […]

May 12, 2023

Ellis Hass & Co Solicitors, a leading Solihull based law firm specialising in personal injury claims and divorce/family law, is proud to announce its partnership with […]

Innovative Collaboration
May 8, 2023
The end of May will mark the beginning of a new chapter in Australia-UK collaboration, as the first-ever Australian free trade agreement with a dedicated innovation […]
May 5, 2023

[LONDON] – Verify 365, a leading provider of anti-money laundering (AML) and know your customer (KYC) solutions, today draws attention to the increasing threat of money […]

Accesspoint Legal Services
May 4, 2023

Accesspoint Legal Services and Verify 365 Digital Onboarding Technology, two of the UK’s most innovative legal technology companies, have announced a strategic partnership to transform the […]

DNFBP AML Regulations
May 4, 2023

Australia’s anti-money laundering and combating the financing of terrorism (AML/CFT) measures have come under fire in a recent report from the country’s Senate committee. The report […]

biometric identity verification
May 4, 2023

What is Biometric Identity Verification? Biometric identity verification is an essential security measure used by regulated industries such as property, finance, and legal to confirm the […]

AML and identity regulation
May 3, 2023

In this article, we outline key insights from Australias regulation landscape focusing on recent updates on Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF), online age verification, […]

May 3, 2023

Sydney, Australia – Gilbert + Tobin, a leading Australian law firm, recently hosted a delegation of UK lawtech companies in Sydney. The visit aimed to promote […]

source of funds aml compliance
May 2, 2023

As a law firm operating in a highly regulated environment, it is crucial to maintain rigorous compliance standards to protect your clients, your reputation, and your […]

twinwood law practice
May 1, 2023

Twinwood Law Practice, a leading Birmingham-based law firm specialising in immigration, family, and litigation, announced today a new partnership with Verify 365, a cutting-edge client onboarding […]

April 29, 2023

London, UK, April 27, 2023 – London remains a leading hub for tech workers in Europe due to high-growth companies, a focus on innovation, and a […]

April 29, 2023

As a law firm, it is essential to comply with anti-money laundering (AML) regulations and identity checks. The Law Society’s Lexcel accreditation scheme is designed to […]

April 29, 2023

The legal industry has undergone a significant transformation in recent years, with the emergence of what is commonly referred to as “NewLaw.” This term refers to […]

April 29, 2023
In a classic case of "too little, too late," Bayern Munich FC found itself on the receiving end of a police search on suspicion of money […]
April 29, 2023

London, UK – The Ince Group, a listed law firm, has been sold out of administration to Axiom DWFM, a fast-growing national firm. The deal was […]

April 29, 2023

Sydney, Australia – The British Consulate-General in Sydney today hosted a “Morning Tea” with the Australian legal industry, as part of the UK Lawtech Trade Mission […]

UK Lawtech Trade Visit
April 28, 2023

Sydney, Australia – Lander & Rogers, a leading independent Australian law firm, today hosted the UK Lawtech Trade Visit in Sydney, Australia, aimed at promoting innovative […]

Legal tech solutions
April 27, 2023

Sydney, Australia – Today marks the beginning of a UK Trade Mission aimed at promoting innovative legal technology solutions to the Australian market. The UK’s legal […]

REGTECH
April 27, 2023

Sydney, Australia – Verify 365, a leading regulatory technology (RegTech) company, attended the RegTech event in Sydney today. The event brought together government, regulators, regulated entities, […]

ongoing monitoring sanctions screening
April 26, 2023

Anti-Money Laundering (AML) compliance is crucial for businesses in the legal and financial sector to prevent the risks of money laundering and terrorist financing. As part […]

April 26, 2023

Advanced AI Technology and AML Anti-Money Laundering (AML) compliance has been a significant challenge for businesses, particularly law firms. They are required to comply with stringent […]

aml/ctf reforms australia
April 26, 2023

Australia’s proposed AML/CTF reforms On April 20th, 2023, the Attorney-General of Australia announced public consultation on proposed reforms to the country’s anti-money laundering and counter-terrorism financing […]

advantages of using verify 365
April 25, 2023

Are you tired of outdated and inefficient AML processes? Look no further than Verify 365, the groundbreaking, fully automated technology platform that takes the hassle out […]

New Economic Crime Power
April 25, 2023

How to Comply with UK Sanctions Regime: Guidance for SRA-Regulated Firms The UK Government’s financial sanctions regime is an ever-changing landscape that can be complex and […]

company KYB checks
April 24, 2023

Know Your Business (KYB) is an important due diligence process that can provide valuable insights and advantages for law firms, financial businesses, and property professionals. KYB […]

April 24, 2023

Sikhs in Law, the largest legal network of Sikh professionals in the UK, officially launched on April 21, 2023, at the Supreme Court. The event was […]

April 23, 2023

London, UK – The Thomson Reuters Institute has released a new report discussing the evolving attitudes towards the use of generative AI and ChatGPT within law […]

April 23, 2023

New York, NY – Verify 365, a leading technology company specialising in AML compliance solutions for law firms, has announced the launch of a new PEPs […]

April 23, 2023

London, 22 April 2023 – In response to the recent UK sanctioning of five Russians over the imprisonment of opposition politician Vladimir Kara-Murza, CEO of Verify […]

April 21, 2023

Are you ready for a quick and exciting summary of the regulatory landscape for law firms in Australia? Law firms in Australia are subject to Anti-Money […]

April 20, 2023

The Law Society of Scotland launches review of AML compliance in Scottish law firms Verify 365 Digital Onboarding Technology, a leading provider of anti-money laundering (AML) […]

April 20, 2023

Sydney, Australia – The Legal Innovation & Tech Fest is set to take place on 1st and 2nd May 2023 in Sydney, Australia, to explore the […]

April 20, 2023

What Are Sanctions? Sanctions are restrictive measures with various purposes, including fulfilling UN and other international obligations, supporting foreign policy and national security objectives, maintaining international […]

KYC AML/CTF DUBAI DIFC
April 18, 2023

The United Arab Emirates (UAE) has become a global hub for business, finance, and trade, attracting investors and entrepreneurs from around the world. However, this also […]

April 18, 2023

Verify 365, a leading global provider of digital client onboarding solutions, has announced the opening of its new office in Sydney, Australia. Located at 60 Martins […]

April 18, 2023

The Solicitors Regulation Authority (SRA) has exercised its new fining powers by imposing a £5,000 penalty on a North Yorkshire law firm for six years of […]

New Economic Crime Power
April 17, 2023

The Solicitors Regulation Authority (SRA) is set to use its new power to demand information from solicitors about economic crime several hundred times a year. The […]

April 16, 2023

Taylor Fordyce, a premier law firm with offices in Winchester, Alresford, Eastleigh, Sunningdale, and London, has announced a partnership with Verify 365, a leading provider of […]

April 16, 2023

London, UK – Sikhs in Law, the largest legal network of Sikh professionals in the UK, is proud to announce its official launch event at the […]

April 16, 2023

The European Union is taking steps to combat money laundering by introducing new legislation to trace and identify cryptoasset transfers. Members of the European Parliament (MEP) […]

April 16, 2023

Law firms and financial executives are facing increasing concerns over sanctions compliance, money laundering crackdowns, and technology regulations in 2023, according to a new report by […]

April 16, 2023

LONDON, UK – Financial institutions and law firms are increasingly turning to machine learning to combat the growing threat of money laundering and other financial crimes. […]

Client due diligence CDD
April 16, 2023

As part of Verify 365 Digital Onboarding Technology anti-money laundering (AML) measures in property transactions, there may be instances where “red flags” or “advisory notes” are […]

AML compliance
April 16, 2023

In today’s world, online fraud and digital hacks are on the rise, making it more important than ever for regulated businesses to verify the identities of […]

Stay Compliant with AML Regulations
April 16, 2023

With the rise of remote working in the legal sector, it is important for practitioners to be aware of the risks associated with carrying out remote […]

sanctions
April 12, 2023

Today, Foreign Secretary James Cleverly announced new sanctions aimed at individuals and entities that have knowingly helped Russian oligarchs hide their assets amidst the ongoing international […]

ai white paper
April 10, 2023

The UK Government has released a AI white paper today outlining its strategy for regulating artificial intelligence (AI). Instead of creating a single, centralised AI regulator, […]

legal tech
April 10, 2023

Lawtech 365, a pioneering legal technology company, has released a study that highlights the transformative impact of legal technology on law firm efficiency and effectiveness. The […]

Managing Risk and AML Compliance in 2023
April 9, 2023

London, UK – Verify 365 Digital Onboarding Technology, a leading provider of AML and identity verification solutions for law firms, has been selected to take part […]

AML SOFTWARE FOR ACCOUNTANTS
April 8, 2023

As an accountant in the UK, it’s essential to stay up to date with the latest AML regulations and requirements. One of the most effective ways […]

Client due diligence CDD
April 8, 2023

Introduction to Client Due Diligence (CDD) Customer due diligence (CDD) is a crucial part of compliance for UK law firms. It involves the process of identifying […]

AML checks money laundering
April 8, 2023

Introduction to AML checks When buying a home, it’s essential for your conveyancer or solicitor to carry out money laundering checks to ensure that the funds […]

AML Regulations for Law Firms
April 7, 2023

Introduction to AML Regulations If you run a law firm, it is crucial to understand the Anti-Money Laundering (AML) regulations in different countries that law firms […]

April 7, 2023

Sydney, Australia – The Legal Innovation & Tech Fest, taking place on 1st and 2nd May 2023 in Sydney, Australia, is set to explore the vast […]

cryptocurrency regulations
April 2, 2023

The UK Government is implementing crypto regulations and enforcing rules to prevent money laundering through cryptocurrency by expanding the financial promotions regime to include qualifying cryptoassets. […]

estate agents fraud aml
April 2, 2023

As an estate agent, it’s crucial to understand the risks associated with fraud in the industry. Buying, selling, and renting properties are major transactions that require […]

legal technology
April 2, 2023

The legal technology industry has been experiencing rapid growth worldwide, with numerous legal tech unicorns emerging and attracting significant investments from top venture capital firms. Companies […]

April 2, 2023

Verify 365 is thrilled to announce our sponsorship of the upcoming Charity Fashion Show, organised by Warwickshire Law Society and taking place on Fri, Apr 28, […]

sanctions
April 2, 2023

London, UK – Despite the sanctions imposed on law firms due to the war in Ukraine, the UK legal industry continues to thrive, according to recent […]

April 1, 2023

Australian law firms are under significant regulatory pressure to comply with the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations set out by the Australian government. […]

April 1, 2023

Derby, UK – The Derby & District Law Society Awards 2023 were held at the Pride Park Stadium on 31st March 2023, celebrating the achievements and […]

March 30, 2023

Open Banking is reshaping the financial landscape in Australia, with Verify 365 at the forefront of this transformation. As an innovative technology company, Verify 365 delivers […]

March 30, 2023

The Australian Federal Police announced the dismantling of a cybercrime syndicate that allegedly laundered more than $17 million. The group used stolen credit card information to […]

March 29, 2023

Learn how Verify 365 is addressing the concerns of customer onboarding teams regarding poor client experience with innovative solutions. Digital client onboarding is a crucial process […]

DNFBP AML Regulations
March 27, 2023

Sydney, Australia – Law firms in Australia are under increasing pressure to comply with Anti-Money Laundering (AML) regulations in a bid to prevent fraud and identify […]

March 27, 2023

London, England – In a bid to combat money laundering and terrorist financing, law firms in England are required to undertake Anti-Money Laundering (AML) checks. This […]

March 26, 2023

The rise of remote work has brought about many changes in the way lawyers do business. One of the most significant changes is the increased use […]

March 26, 2023

Verify 365, a legal technology provider based in the UK, has announced the launch of its latest innovation, DynamicID, a revolutionary biometric risk engine software. This […]

March 24, 2023

As we wrap up National Conveyancing Week, it’s time to reflect on the incredible impact technology has had on the conveyancing world. I’m Mevludin Dzihic, the […]

negligence claims
March 23, 2023

Conveyancing solicitors and property lawyers are a crucial part of the home moving process, providing essential legal guidance at critical times in their clients lives. As […]

March 23, 2023

As a law firm or real estate agency, your success hinges on delivering a seamless and efficient onboarding process for new clients. You want to not […]

starck uberoi
March 23, 2023

London-based specialist property law firm, Starck Uberoi Solicitors, is celebrating Conveyancing Week in partnership with its technology provider, Verify 365. National Conveyancing Week was created to […]

March 22, 2023

The Law Gazette recently reported that law firms are hesitant to verify overseas entities, which poses potential risks for firms and their clients. This article will […]

March 21, 2023

A large firm of licensed conveyancers and its senior partners have been reprimanded and fined £33,000 after a Covid-related work surge overwhelmed its ability to handle […]

March 20, 2023

As we move into 2023, data privacy continues to be a hot topic across the globe. Governments and regulatory bodies are tightening their grip on data […]

March 20, 2023

The Solicitors Regulatory Authority’s Chief Executive issued a warning last week that the demands placed on legal firms to stop money laundering will not abate. At […]

March 19, 2023

Conveyancing is the legal transfer of property from one owner to another, involving the exchange of contracts and completion. The process can be relatively straightforward when […]

March 16, 2023

In its final report on electronic signatures, a government-sponsored industry working group was unable to reach a consensus on whether or how to regulate e-signature platforms. […]

March 14, 2023

Money laundering is a serious issue that poses significant risks to businesses and the wider economy. Criminals use various techniques to launder money, such as layering, […]

March 14, 2023

In the European Union, travellers travelling between Zagreb and Helsinki this summer will be the first to test a “pilot project” aimed at digitising travel documentation. […]

March 14, 2023

Detecting connections to money laundering, bribery, and corruption is a daunting task for law firms. The challenge lies in identifying the ultimate beneficial owners of entities, […]

starck uberoi
March 12, 2023

London, UK – Starck Uberoi Solicitors and Verify 365 are proud to announce their new partnership to streamline client onboarding processes within the property sector. Starck […]

frei solicitors
March 11, 2023

London, UK – Verify 365, a leading provider of Digital Identity, Open Banking, and AML solutions, and Frei Solicitors, a boutique luxury asset law firm based […]

KYB
March 11, 2023

In today’s fast-paced business landscape, it’s essential to know who you’re doing business with. This is where KYB (Know Your Business) comes in – a process […]

March 10, 2023

Verify 365 provides software that empowers law firms to make faster decisions, and verify and onboard clients in seconds, not days, whilst complying with ever-changing AML […]

Verify 365, Legal technology
March 9, 2023

Leading digital ID verification and AML compliance company, Verify 365, has announced the launch of its new suite of British-built technology for UK legal professionals. The […]

March 9, 2023

The government’s sanctions regime must be strengthened to include relatives, according to campaigners, as it emerged the eight-year-old daughter of one of Vladimir Putin’s former regional […]

March 8, 2023

As enterprises and small businesses alike adjust their business plans to accelerate their digital transformation initiatives, many law firms and solicitors are prioritizing electronic signatures as […]

Open banking verify 365
March 7, 2023

Is Verify 365 Open Banking safe? Put simply, yes. The introduction of new technologies often gives rise to questions about safety, especially when they involve sharing […]

harbans singh
March 5, 2023

In a move to bolster their Anti-Money Laundering (AML) compliance, ID checks and client onboarding process, Harbans Singh & Co, a Birmingham-based law firm, has announced […]

Verify 365
March 3, 2023

Birmingham-based Lawtech 365 Group has made history by introducing the first completely UK-built software platform for legal compliance and client onboarding: Verify 365 Enterprise. This groundbreaking […]

February 27, 2023

Leading legal technology platform Verify 365 has announced a new partnership with Inspire Legal, Yorkshire based firm that challenges traditional methods by incorporating smart digitised technology. […]

AML compliance software
February 23, 2023

Lawyers and compliance professionals have a challenging responsibility of safeguarding their law firms against money laundering and financial crimes. With the rise of complex financial and […]

Verify 365
February 23, 2023

Yevgeny Prigozhin, the founder of the Wagner mercenary group, accused of human rights abuses and under sanctions by the US, EU, and UK, was able to […]

Fraud on the rise
February 19, 2023

Property fraud has become a phenomenon in recent years, and with fraud methods changing all the time it’s becoming increasingly difficult to spot red flags for […]

penny raby & co
February 18, 2023

Penny Raby & Co, the trusted family law specialists, announced today that they have selected Verify 365‘s digital client onboarding solution to improve their AML compliance, […]

Best foundation
February 15, 2023

The Best Foundation Inspiration & Innovation Conference is set to take place on Tuesday, 16th May 2023 at Silverstone. The conference features a star-studded lineup of […]

Verify 365
February 13, 2023

Verify 365, the UK-based eIDV and AML technology platform, is pleased to announce the incredible success of its new platform, “Enterprise”.  The platform has been designed to […]

biometric identity verification
February 13, 2023

Verify 365, a leading provider of NFC-based biometric identity verification tech, has just launched its newest platform, DynamicID, which utilises machine learning and artificial intelligence to […]

Biometric identity verification
February 13, 2023

  Introduction In a world where online fraud and digital hacks are on the rise, it’s never been more important to verify that your customers are […]

Verify 365 AML Tech provider secures new law firm
February 9, 2023

Verify 365 Digital Onboarding Technology, a leading provider of eIDV and anti-money laundering software, is pleased to announce that it has secured a major law firm […]

Global Beneficial Ownership
February 8, 2023

Verify 365 Global Beneficial Ownership: Find business registry data When conducting due diligence on a new foreign entity or offshore company, law firms are on their […]

law firms improve their payment process branded digital payments portal
February 7, 2023

Digital payments have revolutionised the way businesses handle their financial transactions and the way consumers expect to make payments. The use of Apple Pay, contactless payments, […]

Woman Verifying Identity Using Verify 365 Biometeric Face Scan
February 6, 2023

Verify 365 has launched a new anti-money laundering (AML) compliance and global identity platform for person and business verifications, offering innovative solutions to help regulated sectors […]

February 5, 2023

In January 2023, Verify 365 made a big impact on the Birmingham legal community by launching its new updated Enterprise version in the city. The platform […]

February 1, 2023

Verify 365, a leading provider of advanced Anti-Money Laundering (AML) and electronic identity verification (eIDV) technology solutions for law firms, is expanding its reach and opening […]

register of overseas entities
January 31, 2023

The deadline for registration as an Overseas Entity is today 31 January 2023,  have you registered the overseas entity and its registrable beneficial owners or managing […]

Best AML Checks
January 27, 2023

The legal industry has seen significant benefits from advancements in technology, however, as with any rapid growth, vulnerabilities have surfaced. One area of particular concern in […]

January 23, 2023

In this article we take a closer look at the benefits of cloud based legal software for law firms, as the technology landscape continues to evolve, […]

legaltech in leeds
January 19, 2023

Legaltech in Leeds On January 19th, the LegalTech in Leeds community came together for the first Digital Transformation Forum at Open Innovations. Hosted in partnership with […]

paper
January 18, 2023

Oxfordshire law firm fined £20,000 by SRA for “reckless” AML non-compliance. An Oxfordshire law firm, Ferguson Bricknell, has been fined £20,000 by the Solicitors Regulation Authority […]

DynamicID
January 18, 2023

Lawtech 365, a leading provider of legal technology solutions, today announced the launch of “DynamicID”, a revolutionary NFC-based biometrics identity verification software.  UK-developed, DynamicID is the […]

SRA AML Audit
January 16, 2023

It is not uncommon for law firm owners and senior staff to feel a sense of apprehension upon receiving an email from the Solicitors Regulation Authority […]

kyc and aml guide for Australian law firms
January 15, 2023

Welcome to The Ultimate Guide to KYC and AML Requirements for Australian Legal and Financial Businesses! As a law firm or financial services business operating in […]

January 15, 2023

We’re proud to announce a new updated version of the Verify 365 platform featuring some truly amazing features! Our client onboarding platform, which provides law firms […]

January 15, 2023

Cast your mind only a couple of years back into the past and consider how the vast majority of client anti-money laundering (AML) checks and ID Verifications were performed. Most law practices required clients to come into their office to present admin staff with both a copy of their ID and address.

birmingham office
January 12, 2023

We are delighted to announce that we are bringing Verify 365 to Midlands with a new Birmingham office at Colmore Row to house our growing sales […]

sra aml audit
January 10, 2023

Compliance is a crucial aspect of running a successful law firm, and it is essential to ensure that a firm’s reputation, ability to serve clients, and […]

January 5, 2023

The importance of AML compliance in the UK regulated industries: perceptions and attitudes Anti-Money Laundering (AML) compliance is a critical aspect of regulated industries such as […]

January 4, 2023

Introduction to the UK’s Digital Identity & Attributes Trust Framework The UK Digital Identity & Attributes Trust Framework (DIATF) is a ground-breaking government initiative that aims […]

Verify 365 is in huge demand.. here's why
December 10, 2022

Verify 365’s digital onboarding software isn’t just an AML and ID checks platform – it’s also great for source of funds verifications, e-payments, e-signatures… Two years […]

AML for estate agents
December 10, 2022

Zoopla says it has been forced to carry out more stringent security checks, which includes a vetting form for new estate agents, after an unscrupulous tenant […]

Oliver Tromp and Rudi Kesic. Actionstep. Verify 365.
December 4, 2022

Actionstep has enhanced its case management system to offer Know Your Client (KYC), Anti Money Laundering (AML), Source-of-Funds (SoF) and ID Checks through an integration with […]

Rudi Kesic - LegalEx 2022 London
November 26, 2022

Verify 365 CEO and legaltech expert, Rudi Kesic, put the cat among the pigeons at the LegalEx 2022 conference in London when he suggested that solicitors […]