Thirdfort webinar: Corporate Due Diligence in the Age of Sanctions

Thirdfort webinar: Corporate Due Diligence in the Age of Sanctions

The current geopolitical landscape continues to present serious challenges for law firms. Particularly those dealing with overseas clients and navigating frequent rule changes around corporate due diligence.

Much of the existing conversation around sanctions has focused on individuals and their personal exposure. But firms working with businesses who they suspect may have links to sanctioned individuals face a host of new Know Your Business (KYB) responsibilities. Identifying UBOs across multiple territories, often with no clear paper trail, is now a test for even seasoned legal professionals.

In this exclusive online event, an expert panel of risk and compliance professionals will share their best practice advice on how to ensure your KYB processes are up to the task. Hear about how the latest digital tools can help you stay in line with current regulations and protect your firm from repercussions.

DATE: 29 June 2022
TIME: 12:30pm BST

Sign up to the webinar here.

This article was submitted to be published by Thirdfort as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

Thirdfort

https://www.thirdfort.com/

 

 

 

 

Thirdfort are security specialists that are changing the way lawyers verify client identity. We work with over 500 UK law firms including Mishcon de Reya, Pennington Manches and DAC Beachcroft to provide frictionless ID and AML checks. We make life easier for both client and lawyer by combining best in class technology and dedicated support, tailored for legal.

As remote ID verification specialists, we use best in class document scanning, facial biometrics and liveness detection technology, so our clients can rest assured their client is who they say they are. Our newest offering, Thirdfort Standard, is also compliant with HM Land Registry's Digital ID Standard and offers conveyancers 'safe harbour' from recourse in case of fraud.

We allow firms to take a risk-based approach to AML by carrying out PEPs and Sanctions screenings, as well as Address Verification using our partners Experian and Comply Advantage. Thirdfort are also industry leaders in Automated Source of funds verification - we use Open Banking to retrieve digital bank statements and combine these with an in-app source of funds questionnaire for clients and giftors, so conveyancers can be sure they have the full picture.

As pioneers in the Electronic ID Verification space, at Thirdfort we pride ourselves on setting the standard for legal security, keeping clients happy and businesses risk-free.

Key Services

Address

Thirdfort
20 Grosvenor Place
Victoria
London
SW1X 7HN

Key Contact

Name: Robyn Weatherley
Tel: 07738 531 370
Email: [email protected]
LinkedIn Account: Robyn Weatherley

Leave a Reply

Your email address will not be published.

X