In today’s high-pressure conveyancing environment, effective risk management and fraud prevention are crucial.
Prioritising due diligence and clear communication with clients ensures secure property transactions. By gathering upfront information, such as contact details, proof of identity, and proof of funds, and leveraging technology, conveyancers can securely manage this critical data.
As regulatory requirements change, advanced tools help to ensure the authenticity of home movers, bank accounts, and law firms involved in transactions, while keeping conveyancers compliant with evolving regulations.
Conveyancers of all experience levels are invited to join property search specialists, tmgroup, Redbrick Solutions and IQ Legal for a free webinar examining compliance and source of funds within the residential transaction.
Compliance and Source of Funds in Residential Conveyancing
When is it?
Tuesday 15th October 2024 from 3.00 – 4.00pm
What you will learn
- Onboarding clients – assessing risk and compliance basics
- Money laundering – the provision of explanation and advice to clients as to policies and procedures and practical tips, including information from clients and third parties providing gifts and loans
- Ongoing compliance issues an overview of CQS best practice
This article was published by tm group 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.
