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 making a positive impact on the community is proud to announce its partnership with Verify 365, a leading advanced Anti-Money Laundering (AML) and ID verification solutions.
DTM Legal LLP’s wide range of legal services spans various sectors, including Family Law, Agriculture, Property Litigation, Dispute Resolution, Corporate & Commercial, Business Recovery & Insolvency, Employment, Commercial Property, Construction & Engineering, Wills, Trusts, Estates, Residential Conveyancing, and Contentious Trusts and Probate.
As a forward-thinking law firm, DTM Legal LLP has always strived to stay ahead of the curve when it comes to compliance and client onboarding. In an ever-evolving regulatory landscape, DTM Legal LLP recognises the critical importance of robust AML processes and secure identity verifications. With the partnership with Verify 365, they are reinforcing their commitment to these principles.
Gena Pickering, Compliance Officer at DTM Legal LLP, stated, “In our pursuit of legal excellence, we continually seek innovative solutions that elevate our practice. Verify 365’s Safe Harbour compliant ID checks provide us with a powerful tool to enhance our AML compliance. Moreover, the efficiency of their client onboarding processes aligns perfectly with our commitment to delivering a seamless experience for our clients.”
Verify 365’s Safe Harbour compliant ID checks ensure that DTM Legal LLP meets the highest standards of AML compliance while safeguarding sensitive client information. The HM Land Registry’s first Digital Identity Standard offers conveyancers a comprehensive guide to using digital services for secure and convenient online identity verification of their clients. This ‘Safe Harbour’ ensures that conveyancers who comply with the standard won’t face recourse from HM Land Registry in case a client’s identity turns out to be misrepresented.
Mike Harlow, General Counsel, Deputy Chief Executive, and Deputy Chief Land Registrar, emphasised the importance of identity verification in property transactions when the new framework was launched in March 2021. “While this process can sometimes be cumbersome, it is absolutely crucial for the security of high-value transactions. The new digital biometric identity checking standard represents a significant leap toward a fully digital conveyancing process”.
Verify 365 is a comprehensive solution designed specifically for the legal industry, focusing on Anti-Money Laundering (AML) and client verification. Its offerings include streamlining the process of onboarding new clients ensuring efficiency and compliance with legal standards. The platform provides robust tools for verifying client identities, validating client addresses, checking the origins of client funds and undertaking ongoing monitoring for sanctions screening.
Azeem Rashid, Director at Verify 365, expressed, “We are delighted to welcome DTM Legal LLP to the Verify 365 family. Their choice to partner with us underscores the value of our innovative AML and ID verification solutions. We are confident that our collaboration will empower DTM Legal LLP to maintain their reputation for legal excellence while adhering to the most stringent compliance standards.”
The efficiency gains realised by DTM Legal LLP through Verify 365’s streamlined client onboarding processes translate into quicker and more convenient experiences for their clients. Clients can now use Verify 365 App to quickly provide ID verification along with Source of funds powered by Open Banking.
Sarah Arnold, Chief Operations Officer at Verify 365 added “Our aim is to provide an ecosystem where efficiency and compliance go hand in hand, enabling lawyers to deliver higher quality service with greater peace of mind. By integrating advanced technology such as identity verifications, source of funds checks, and digital payment systems, we empower law firms to focus more on their core legal services while reducing administrative burdens”.
This partnership marks a significant step in DTM Legal LLP’s mission to provide commercially grounded, client-focused legal solutions while adhering to the most stringent compliance standards.
Discover how Verify 365 can transform your ID and AML processes. Request a demo.
