The landscape of anti-money laundering (AML) regulation is constantly evolving, accompanied by an increase in sanctions. Safeguarding clients' personal data, conducting KYC/AML checks, screening employees, and preventing involvement in international money laundering or criminal financing can seem like a full-time job for legal professionals. The average law firm spends at least four days per month on paper-based compliance, draining resources and losing money in billable hours. However, with Amiqus, these firms can digitally verify and onboard clients 4x faster and turn hours of manual administrative work into minutes of online activity.
Trusted by firms of all sizes across the UK, including Addleshaw Goddard, Burness Paul, Thorntons etc, Amiqus is a market-leading encrypted online tool for onboarding and compliance checks. It offers the easiest and most secure solution to gather client information and AML documentation and verify it to the highest standard.
Compliance with government-approved LSAG guidance on AML is crucial, and Amiqus can help law firms achieve that. Amiqus checks meet the HM Land Registry Safe Harbour standard, offering peace of mind in compliance matters. With Amiqus, firms can easily carry out a suite of checks needed for AML screening for clients or staff, which include: identity reports, photo id verification, PEPs, sanctions and adverse media, source of funds, credit reports and criminal records checks.
By adopting Amiqus, firms can streamline their processes, establish a standard approach across the business, maintain a clear audit trail and make an exceptional first impression on clients.