Unrivalled client onboarding – Gain confidence in compliance through eCOS from InfoTrack – 24 Jan, 2023 2:00 PM
Money laundering risks remain a constant concern for law firms, with ID fraud being of particular concern for conveyancers. As more firms onboard their clients digitally, the importance of understanding the associated due diligence obligations increase. Join us as we take a deep dive into digital client onboarding, and explore how onboarding your clients through InfoTrack’s eCOS solution can benefit both fee-earners and clients through:
- Remote ID verification including biometric/RFID document checks;
- Enhanced, safe harbour-compliant and 5th directive-compliant AML checks leveraging open banking and multiple official data sources;
- Pre-population and cross-checking of key data from VoI / AML results with relevant documents across the rest of the conveyancing journey.
We will be joined by Amy Bell, Director and Founder of Teal Compliance, who wrote the Law Society’s Anti-Bribery Toolkit and their Anti-Money Laundering training courses. Amy will discuss the key take-aways from the 5th AML Directive and provide guidance and how to apply it, as well as an understanding of what Safe Harbour is and how digital onboarding supports a compliant digital ID journey.
