June 10, 2024
The past year has seen a notable surge in Anti-Money Laundering (AML) penalties imposed on estate agents, with average fines now reaching £5,350 – a significant […]
June 7, 2024
The Financial Conduct Authority Conclude Criminal Investigation Into Potential AML Breaches by Monzo
The Financial Conduct Authority (FCA) has decided to drop its criminal investigation into Monzo, the online bank, over potential breaches of anti-money laundering rules. This decision […]
May 31, 2024
The transformative power of AI in the property industry is beginning to gain real traction. Artificial intelligence (AI) is poised to revolutionise the property industry, bringing […]
May 24, 2024
Last week, Ardi Melikian and Brian Brannigan of Verify 365 joined a delegate of UK legal tech businesses on a trade mission in Australia, attending the Legal […]
May 22, 2024
The Financial Conduct Authority (FCA) has formally charged three individuals in connection with a high-risk trading scheme that allegedly targeted people’s pension savings. Kristofer McGuire, Keith […]
May 20, 2024
The Solicitors Regulation Authority (SRA) has decided to take action against City law firm Candey Limited and its former partner, Richard Morris, through the Solicitors Disciplinary […]
May 7, 2024
Toronto-Dominion Bank, Canada’s second-largest lender, has announced an initial provision of $450 million in relation to ongoing US investigations into its anti-money laundering (AML) measures. The […]
May 1, 2024
The Financial Action Task Force (FATF), the leading international body setting standards for anti-money laundering and combating the financing of terrorism, has upgraded the United States’ […]