With regulatory expectations tightening and enforcement activity increasing, ensuring your anti-money laundering (AML) documentation is up to standard has never been more important.

Legal Eye’s AML Document Review service continues to be a popular option for conveyancing firms who want expert oversight of their AML policies, without undertaking a full audit or accreditation.

Our risk and compliance specialists review your firm’s documentation against the requirements of the Money Laundering Regulations 2017 (MLR 2017), helping you identify and resolve any gaps before they become a regulatory issue.

• What’s included in the review?
• We assess key policies and procedures, including:
• Anti-money laundering policy
• Mortgage fraud policy
• Source of funds policy
• Client due diligence procedure
• AML Regulation 18 Firmwide/Practice-wide Risk Assessment
• MLR CFA 2017 Matter Risk Assessments

Following the review, you’ll receive a comprehensive written report outlining any areas for improvement and our recommendations for corrective action.

A practical alternative to full audits

This service is ideal for firms looking to strengthen their compliance framework, especially those preparing for regulatory inspections or internal reviews, or simply seeking peace of mind that their documentation is current and compliant.

“Good documentation is the foundation of AML compliance. Too often, firms only realise there’s a gap when it’s highlighted by a regulator. Our role is to help firms identify and resolve those issues in advance.” – Paul Saunders, Managing Director, Legal Eye

Quotes are available on request, and the service can be tailored to suit your firm’s size and structure.

For more information please contact [email protected] or call 020 3051 2049.