Validient

Transform Your Onboarding Process with Validient! 🚀 Ever wondered how seamless client identity verification could transform your business? Look no further! 💡 🧑🏽✅ Validient's Identity Verification Feature: 🔒 Rigorous Authentication: Confirm client details and documents with precision and speed. 📸 Precision Verification: Ensure a match between facial features and identity documents. 🌐 Credible Sourcing: Align data with trustworthy, independent sources. 🚀 Scalability: Serve both individual and commercial clients effortlessly with our KYC and KYB solutions. Say goodbye to the hassle of onboarding! Experience the power of Validient in streamlining your processes. 💪✅ Want to optimise your procedures? Discover how our game-changing features can benefit your firm today. Visit https://validient.com for more information.  #ClientOnboarding #IdentityVerification #KYC #KYB #ValidientFeatures

It is the last Validient newsletter before Christmas arrives, with AML updates to keep firms alive. From fines in the millions to stricter reviews, This season brought us so much compliance news. So, as stockings are hung and the year draws near, Let our newsletter guide you before the new year. For amidst all the joy and holiday zest, AML compliance is the ultimate test! Happy Holidays! 🎄 #compliance #aml #amlcompliance #fraudprevention #financialcrime

Are you legally required to comply with AML regulations? Services that are within scope of AML regulation involve activities which can be exploited by criminals to help them launder the proceeds of their criminal activity whilst hiding this illegal wealth from the authorities. Here, we include some of the top services which are expected to comply with these regulations 👇 #aml #antimoneylaundering #amlcompliance

Yesterday, our Co-Founder Thomas Elliott presented the Inclusive Professional Community award for ThinkEDI's Diversity and Inclusive Wales Awards. Celebrating professional communities that drive meaningful change by cultivating inclusivity and diversity. Big congratulations to Sophie Mason and Merryn Roberts-Ward for a such a successful event and on the launch of their new app (see below for further information!) #DiversityAndInclusion #InclusionAwards #ThinkEDI #CelebratingInclusion #InclusiveWales

Here's this week's gift for our 12 Risks of Christmas, highlighting the risks identified in the SRA's sectoral risk assessment 👇 #amlcompliance #aml #risk #complianceofficers #lawfirms #legal

How effective are your Policies, Controls and Procedures (PCPs)? For the best AML compliance practices, your PCPs must be at the centre for identifying suspicious behaviours and communicating these behaviours throughout your firm. ✅ Why It Matters: - Early Detection: PCPs help staff recognise red flags before they become bigger problems. - Clear Communication: When suspicious activity is identified, structured processes ensure it’s escalated quickly and efficiently to the right people. - It's a Requirement: Strong PCPs keep your firm in line with AML regulations, ensuring your firm isn't on the other end of a fine. 💡 Key Steps to Enhance Your PCPs: - Standardise Client Onboarding: Implement effective KYC and risk assessment processes. - Train Your Team: Ensure staff can identify, escalate, and document suspicious behaviours. - Ongoing Monitoring: Watch for unusual activity and update controls regularly. Clear Reporting Channels: Streamline communication for fast responses to issues. Don’t leave your firm exposed this Christmas. Effective PCPs are your first line of defence in maintaining AML compliance and keeping the wet bandits out! #PCPs #aml #amlcompliance #compliance #lawfirms #complianceofficers

This week's latest news round is now available! Stories of the latest fines, corruption charges and strengthening of compliance measures inside 👇 #compliance #aml #amlcompliance #fraudprevention #financialcrime

Have you been inspected by the SRA? 🕵 Being selected by the Solicitors Regulation Authority for a review tends to cause a feeling of discomfort to say the least. For the most part, they are looking to support the legal sector with their AML compliance, however, if there is a series of failures made by the firm, they won't hesitate in taking action. Here's the outcomes you can expect once a visit has been made to your firm 👇 #aml #amlcompliance #lawfirms #legalservices #antimoneylaundering #solicitors

Our latest article, "How is AML Regulated in the UK" dives into the frameworks, key legislations, and enforcement mechanisms which target financial crime. Offering a fairly comprehensive overview of the UK's efforts in the prevention of financial crime. #aml #amlcompliance #antimoneylaundering #compliance #financialcrime #moneylaundering

As we continue to unwrap our 12 Risks of Christmas, here’s this week’s risks highlighted in the sectoral risk assessment 👇 #amlcompliance #aml #risk #complianceofficers #lawfirms #legal