Regulations and Risks in the Legal Industry for KYC, AML, and AFC

In a world of tight deadlines, diverse client needs, and ever-changing regulations across jurisdictions, law firms everywhere face countless challenges to stay compliant. That's why we are thrilled to be joined by Maire-Claire Le Houerou, Client Experience Director for Risk and Compliance at the software company Intapp, and Alex Young, Senior Principal Consultant at Intapp in this episode of KYC Decoded. Their deep expertise and vibrant energy on this topic make for a compelling conversation.

Here's of what was explored in this episode:

• How are AML checks conducted when onboarding legal clients?
• Does generative AI have a role now and in the future to shape compliance programs in the legal industry?
• What qualities and best practices in a law firm’s culture drive AML forward?
• What are some of the benefits of high-quality data management software?

For additional resources discussed in this episode, be sure to check out:

• Bressler Risk Blog
• The Law Society AML resources
• The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money by Frederik Obermaier and Bastian Obermayer

To find out about Moody’s Analytics' AML solutions for the legal sector, please go to our website.