Boutique Law Firms & Accountants

Europe’s refreshed AML framework raises the bar for obliged entities on CDD, beneficial ownership, targeted financial sanctions, record retention and reporting. Regulators increasingly penalize firms for missing firm-wide risk assessments and adequate procedures — even absent proven laundering. For small practices, the risk is time pressure and documentation gaps.

Searching multiple sites, saving screenshots, and emailing PDFs is fragile: evidence scatters across drives, re-checks are hard to prove, and billable hours are lost. UK enforcement shows paperwork failures alone can attract fines. A light, auditable process that logs who checked what and why a match occurred reduces audit anxiety and satisfies regulators.