{"id":8900,"date":"2024-09-19T13:17:10","date_gmt":"2024-09-19T13:17:10","guid":{"rendered":"https:\/\/www.amlcc.com\/?page_id=8900"},"modified":"2024-09-20T11:06:54","modified_gmt":"2024-09-20T11:06:54","slug":"be-one-of-the-few","status":"publish","type":"page","link":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/","title":{"rendered":"Be one of the few"},"content":{"rendered":"\n
<\/span>\"shaking
\n
\n
\n

Be one of the few<\/h1><\/div>\n<\/div>\n\n\n\n
\n

Two out of three firms inspected by the SRA in 2022-23 were either partially or non-compliant. We\u2019re here to make sure you\u2019re not one of them.<\/p>\n<\/div>\n<\/div>\n\n\n\n

\n\n
Book a demo<\/a><\/div>\n\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n
\n

In November 2023, leading South-West firm Ashfords was hit with a six-figure AML penalty. Compliance teams missed glaring warning signs, including:<\/p>\n\n\n\n

\n
<\/path><\/svg><\/span>Unclear source of funds for multimillion-pound transactions<\/span><\/div>\n\n\n\n
<\/path><\/svg><\/span>Links to potentially sanctioned entities<\/span><\/div>\n\n\n\n
<\/path><\/svg><\/span>Lack of due diligence on third parties loaning money<\/span><\/div>\n<\/div><\/div>\n\n\n\n

With huge penalties and reputational damage at stake, you can’t afford to drop the ball on AML compliance.<\/p>\n\n\n\n

If you\u2019re only using an online AML solution that checks your clients\u2019 identity and data, it\u2019s not enough to pass an inspection.<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

AMLCC vs other platforms<\/h3><\/div>\n\n\n\n
<\/th>\"\"<\/th>\"\"<\/th>\"thirdfort<\/th>\"smartsearch<\/th>\"\"<\/th>\"\"<\/th>\"\"<\/th>\"kyc<\/th><\/tr><\/thead>
Supervisor endorsed<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Law Society partner<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
All AML training in subscription<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Business-wide risk assessment<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
100% customisable, detailed AML policy<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Client risk assessments<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Link clients for transactions<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
SAR portal to match NCA\u2019s<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
ID verification checks<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Continuous PEP and sanctions monitoring<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Live risk dashboard<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Audit trail<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Remote supervisor access<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Document management<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
ICAEW technology accreditation<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Specific sector risks training<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr>
Specific MLRO training<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td>\"\"<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div><\/div>\n\n\n\n
\n
\n

You need every tool AMLCC offers to be fully AML compliant. Speak to our AML experts to find out why and see how the platform keeps you protected.<\/p>\n\n\n\n\n

Book a demo<\/a><\/div>\n\n<\/div>\n<\/div><\/div>\n\n\n\n
\n

In partnership with AML supervisors and professional bodies<\/p>\n\n\n\n

\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div>
\"\"<\/div><\/div><\/div><\/div>
<\/div>
<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n
\n
\n

What others have said<\/h3><\/div>\n\n\n\n
\n
\n
\n
\n

\u201cAMLCC helps to build a compliance culture\u201d<\/h2><\/div>\n\n\n\n

Tim Pinkney<\/h4>

Director of Professional Standards, Institute of Financial Accountants, UK AML Supervisor, Member of the Institute of Public Accountants Group<\/p><\/div>\n\n\n\n

\n
Read case study<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n
\n
\"Tim<\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
\n
\n
\n

\u201cUsing AMLCC showed HMRC that we were taking our AML obligations seriously\u201d<\/h2><\/div>\n\n\n\n

John Young<\/h4>

CFO, I&H Brown and Breckenridge Lettings<\/p><\/div>\n\n\n\n

\n
Read case study<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n
\n
\"John<\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>
<\/div><\/div>\n<\/div>\n\n\n\n
\n

Making a difference\u2026<\/h3><\/div>\n\n\n\n
\"AMLCC<\/figure><\/div>\n\n\n\n

There\u2019s more to CDD than anti-money laundering checks<\/h3><\/div>\n\n\n\n
\n
Read article<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In November 2023, leading South-West firm Ashfords was hit with a six-figure AML penalty. Compliance teams missed glaring warning signs, including: With huge penalties and reputational damage at stake, you can’t afford to drop the ball on AML compliance. If you\u2019re only using an online AML solution that checks your clients\u2019 identity and data, it\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":".site-above-footer-wrap {\n\tdisplay:none!important;\n}","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-8900","page","type-page","status-publish","hentry"],"yoast_head":"\nBe one of the few UK legal firms to pass their AML inspection<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Be one of the few UK legal firms to pass their AML inspection\" \/>\n<meta property=\"og:description\" content=\"In November 2023, leading South-West firm Ashfords was hit with a six-figure AML penalty. Compliance teams missed glaring warning signs, including: With huge penalties and reputational damage at stake, you can’t afford to drop the ball on AML compliance. If you\u2019re only using an online AML solution that checks your clients\u2019 identity and data, it\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/\" \/>\n<meta property=\"og:site_name\" content=\"AMLCC\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-20T11:06:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/shaking-hands.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@amlcc_global\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/\",\"name\":\"Be one of the few UK legal firms to pass their AML inspection\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/shaking-hands.jpg\",\"datePublished\":\"2024-09-19T13:17:10+00:00\",\"dateModified\":\"2024-09-20T11:06:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/#breadcrumb\"},\"inLanguage\":\"en-SG\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-SG\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/shaking-hands.jpg\",\"contentUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/shaking-hands.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/be-one-of-the-few\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Be one of the few\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#website\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/\",\"name\":\"AMLCC\",\"description\":\"The single-platform solution for all your AML\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-SG\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#organization\",\"name\":\"AMLCC\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-SG\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/AMLCClogo-500.png\",\"contentUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/AMLCClogo-500.png\",\"width\":500,\"height\":146,\"caption\":\"AMLCC\"},\"image\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/sg\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/amlcc_global\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/amlcc\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Be one of the few UK legal firms to pass their AML inspection","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Be one of the few UK legal firms to pass their AML inspection","og_description":"In November 2023, leading South-West firm Ashfords was hit with a six-figure AML penalty. Compliance teams missed glaring warning signs, including: With huge penalties and reputational damage at stake, you can’t afford to drop the ball on AML compliance. If you\u2019re only using an online AML solution that checks your clients\u2019 identity and data, it\u2019s […]","og_url":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/","og_site_name":"AMLCC","article_modified_time":"2024-09-20T11:06:54+00:00","og_image":[{"url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/shaking-hands.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@amlcc_global","twitter_misc":{"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/","url":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/","name":"Be one of the few UK legal firms to pass their AML inspection","isPartOf":{"@id":"https:\/\/www.amlcc.com\/sg\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/#primaryimage"},"image":{"@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/#primaryimage"},"thumbnailUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/shaking-hands.jpg","datePublished":"2024-09-19T13:17:10+00:00","dateModified":"2024-09-20T11:06:54+00:00","breadcrumb":{"@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/#breadcrumb"},"inLanguage":"en-SG","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/"]}]},{"@type":"ImageObject","inLanguage":"en-SG","@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/#primaryimage","url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/shaking-hands.jpg","contentUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/shaking-hands.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.amlcc.com\/sg\/be-one-of-the-few\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.amlcc.com\/sg\/"},{"@type":"ListItem","position":2,"name":"Be one of the few"}]},{"@type":"WebSite","@id":"https:\/\/www.amlcc.com\/sg\/#website","url":"https:\/\/www.amlcc.com\/sg\/","name":"AMLCC","description":"The single-platform solution for all your AML","publisher":{"@id":"https:\/\/www.amlcc.com\/sg\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.amlcc.com\/sg\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-SG"},{"@type":"Organization","@id":"https:\/\/www.amlcc.com\/sg\/#organization","name":"AMLCC","url":"https:\/\/www.amlcc.com\/sg\/","logo":{"@type":"ImageObject","inLanguage":"en-SG","@id":"https:\/\/www.amlcc.com\/sg\/#\/schema\/logo\/image\/","url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/AMLCClogo-500.png","contentUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/AMLCClogo-500.png","width":500,"height":146,"caption":"AMLCC"},"image":{"@id":"https:\/\/www.amlcc.com\/sg\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/amlcc_global","https:\/\/www.linkedin.com\/company\/amlcc"]}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"roxanne.gerber@draytus.com","author_link":"https:\/\/www.amlcc.com\/sg\/author\/roxanne-gerberdraytus-com\/"},"uagb_comment_info":0,"uagb_excerpt":"In November 2023, leading South-West firm Ashfords was hit with a six-figure AML penalty. Compliance teams missed glaring warning signs, including: With huge penalties and reputational damage at stake, you can’t afford to drop the ball on AML compliance. If you\u2019re only using an online AML solution that checks your clients\u2019 identity and data, it\u2019s…","_links":{"self":[{"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/pages\/8900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/comments?post=8900"}],"version-history":[{"count":0,"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/pages\/8900\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amlcc.com\/sg\/wp-json\/wp\/v2\/media?parent=8900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}