How to Master the Tricky World of the Source of Funds and Wealth
AML compliance can feel like walking a tightrope, right? Especially when it comes to a client’s source of funds and wealth. It’s a balancing act: you need to be flexible
Blogs
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Guide to Source of Wealth & Funds for Law Firm Compliance
As many of you will know I am the Chair of the Law Society’s Economic Crime Taskforce which allows me to share with Team Teal and our clients inside intelligence
SRA Consultation Response Tips for Client Account Changes
Further to the SRA’s January Consultation latest round, Amy Bell at Teal Compliance would like to impart her insights best practice for responses. It’s a hot topic for 2025
Understanding the Anti-Money Laundering Definition of ‘Suspicion’
When it comes to anti-money laundering (AML) regulations, one term that often baffles legal practitioners is ‘suspicion’. Understanding its nuances is crucial for compliance officers to navigate the complex landscape
The Teal Tracker’s New Feature: Root Cause Analysis Process
The Teal ‘Root Cause Analysis Process’, or ‘RCAP’, is a new, groundbreaking feature of the Teal Tracker. Here we explain what it does, how it works and how it can
Demystifying the role of a DPO: What is a Data Protection Officer?
At Teal, we’re often asked questions about whether law firms need a Data Protection Officer (DPO). In this blog, we’ll answer the question ‘what is a Data Protection Officer?’ and
Why we built the Teal Tracker compliance technology
The Teal Tracker compliance technology platform is the solution for all law firms’ compliance needs. Here, we explain why we built the Teal Tracker, and how it’s benefiting law firms.
Launch of our brand new compliance training technology, Teal College
At Teal, we’re thrilled to launch our brand new compliance training technology, Teal College! Find out what Teal College is, and how it can benefit your law firm. What is
Compliance Planning: Are you ‘regulator ready’ for 2024?
In 2023 we saw increased levels of guidance and new directives from our industry regulators along with new legislation and ongoing changes in areas such as sanctions. Therefore, it’s never
AML compliance checklist: Strengthening your defence against money laundering
It’s important for law firms to embrace due diligence as a key tool in preventing money laundering. In this blog post, we’ll explore the top tips and essential considerations to