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Anti-Money Laundering

The Strategic Partners Anti Money Laundering services are aimed at providing firms with a robust process that ensures the firm complies with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and The Money laundering and terrorist financing (amendment) regulations 2019.

This will include other applicable legislation such as The Proceeds of Crime Act 2002 and The Terrorism Act 2000.

Find out more

For more information about our Compliance and Regulation Services you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk. You can also download our marketing services brochure by clicking on the link below.

How we help

We will work with your firm to ensure it has a full understanding of the requirements of the AML and related legislation alongside policies and procedures that ensure you manage a compliant environment and sustain it.

Our Anti-Money Laundering Services

Failing to adhere to the AML regulations can and will have severe implications for firms which will attract negative attention from the Solicitors Regulation Authority and other institutions such as your insurer.

The nervousness that the AML creates for firms can often lead to firms implementing procedures and processes that go too far and become cumbersome and difficult to manage on a day to day basis.

We work with firms to introduce an approach to Anti Money Laundering which ensures the firm is compliant but is not tied down with complex documents or processes that the staff find difficult to follow or implement.

We will work with you to bring the firm in line with requirements, including the implementation of:

  1. An AML Policy that reflects how the firm will manage the application of the requirements
  2. An AML guide for staff clearly establishing the action they must take for the different clients the firm has and services they provide
  3. Undertaking a firm wide risk assessment
  4. Checklist for deployment in the firm
  5. A robust reporting structure for suspicious activity or general questions
  6. Maintenance and management of registers
  7. Ensuring that the firm works with necessary providers (such as an online AML search) that provides the needed service at the best price
  8. Training, firm wide, on the regulations and the firm’s procedures
  9. Auditing of the application of the firm’s policies

Reporting to the Partners on the efficiency and application of the policies

Providing guidance on AML issues as they arise at firm or case level

The Anti Money Laundering Services provided by The Strategic Partner are designed to provide a measured approach that ensures full compliance in a way that does not disrupt the day to day work of the fee earners and other staff.

We provide both packaged (Regulation and Compliance Service and Compliance Administration) and individual solutions that directly add value into the firms we work with.

Additional Compliance Services

For further details on each of the other compliance services we provide, please click on the links below.

Codes of Conduct inc COLP & COFA   

Anti-Money Laundering 

Firm and File Audits

New Law Firm and ABS Applications 

Risk Management 

Complaint Management

Compliance Management Service

Compliance Administration Service   

SRA Investigations

      SRA Investigations

      SRA Interventions 

Professional Indemnity & Renewals

Office Manual (inc quality kitemarks)

Drafting and Documents

Training and Development

Partnership & Shareholder Agreements

Succession & Exit

Closure of a Law Firm

Data Protection & GDPR

We provide both packages and individual solutions that directly add value into the firms we work with.

Enquiries

For more information about our Anti Money Laundering Compliance service you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk.

 

Let's talk about how we can help

Get in touch - call us on 0203 911 9710 or complete the form.
Tell us what you need or ask us a question, we'd love to discuss your business.

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