Verify 365

December 4, 2023

British Solicitor Sentenced for Tipping Off Client in Money Laundering Prob

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

LegalEx Panel 2023: A Landmark Discussion on Technology’s Role in International Disputes

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

Ashfords Faces £100,000+ Fine for Anti-Money Laundering Oversights

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 17, 2023

Unified Legal Practice Management Software Ecosystem for Law Firms

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 […]
November 17, 2023
New Economic Crime Power

Three firms receive first SRA fixed penalties

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 16, 2023

Navigating Law Firm AML Compliance with Verify 365 Technology

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

Severe Penalties for Conveyancers in Landmark AML Misconduct Case

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 8, 2023

Lawyers Applaud Swift AML and Fraud Conviction of Sam Bankman

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 […]
November 2, 2023

Chinese Billionaires in a Rush to Relocate Wealth and Themselves Amidst Uncertainty: Implications for Law Firm AML Compliance

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 […]
Request Demo