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Ensuring you are GDPR compliant is now even easier with the introduction of the LEM Verify Personal Identifiable Information (PII) Redaction feature. This add-on feature allows you to only view and download the information required for your business process and stay within scope for legal basis and data minimisation as part of any GDPR compliance

Last week (15.06.19) at the Legal Practice Management awards, LEM Verify's customer Harold Benjamin won top prize for Practice Excellence for "Service, Delivery, Efficiency and Innovation" as a result of using LEM Verify to onboard new customers, in the most efficient way.

The introduction of the 2017 Money Laundering Regulations saw the implementation of a scrupulous system, which demands a closer inspection of all trade activity conveyed by estate agents. The Directive confirms various key changes to existing legislation, but highlights the need to examine Buyers in greater detail, whereas before the focus fell upon sellers only

On the 20th March 2019, the SRA released a strong statement of intent to fine or remove firms who do not comply with adequate standards in the war against money laundering and fraud. The notice confirmed 400 firms would shortly be asked to demonstrate their processes from the 7,000 SRA regulated law firms.

With recent changes by the Swiss Financial Market Supervisory Authority (FINMA) customers can be verified remotely and no longer need to visits a local branch for identity verification...