LAW
Meet your Solicitors Regulation Authority and anti-money laundering obligations without slowing client onboarding or overwhelming fee earners with manual checks.
Client due diligence with automated document verification
Beneficial ownership checks for corporate clients
SAR workflow support and audit trail generation
Law firms are classified as regulated entities under the Money Laundering Regulations, making client due diligence and ongoing monitoring a legal requirement — not optional best practice. The SRA's AML supervision regime has sharpened considerably, with fines increasing year-on-year for non-compliant firms.
The risks are concentrated around property transactions, corporate structuring, and trust work — areas where complex ownership chains and high-value fund movements create significant exposure. Smaller firms are increasingly targeted because manual processes create exploitable gaps.
Fraudspect automates the repetitive elements of CDD — ID verification, sanctions screening, PEP checks — while giving partners a clear decision trail for every matter opened.
Client verification
Verify client identities and legal entities with confidence
AML compliance
Ensure regulatory compliance with automated AML checks
KYC / KYB
Validate individuals and corporate structures for due diligence
Fraud detection
Identify fraudulent documents and suspicious client behavior
Transaction monitoring
Monitor financial activities linked to legal transactions
Data security
Protect sensitive legal data with secure infrastructure
Real-time monitoring
Track client risk and activity continuously
Risk assessment
Evaluate legal and financial exposure with intelligent scoring
API integration
Integrate verification workflows into legal platforms seamlessly
Other reason to
choose Fraudspect
Scan and analyze transactions in real-time, flagging suspicious activity before it becomes a significant breach.
Continuously learn from data, enhancing its ability to predict and prevent new and emerging fraud tactics.
Gain access to deep analytics providing actionable insights, helping your business to understand fraud trends and adapt accordingly.
Allows financial teams to monitor, manage, and respond to threats efficiently.
Scale to meet the demands of your businesses of any size while maintaining top-tier security protocols.
Tailor fraud detection and monitoring processes to fit your unique business requirements, ensuring flexibility and precision.
Law firms of all sizes
Conveyancers
Corporate legal teams
Trust & estate planners
Leverage advanced analytics to protect your business from fraud and financial crime risks.
Solutions
Transactions MonitoringPEP & Sanction ScreeningAML ComplianceID LivenessKYC VerificationAdverse Media ScreeningGet tips, resources, and updates from our financial experts.
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