Legal

Real time screening of personal details

for anti-money laundering and due diligence

legal.jpg

CRIF for the Legal Profession

CRIF provides a wide range of electronic tools and digital onboarding solutions to help solicitors and law firms know their customers better, to confidently conduct due diligence for anti-money laundering, and to proactively manage cyber risk. By checking the identity of an individual and having a comprehensive view of their personal profile, you can effectively prevent fraud.

Thanks to our phygital onboarding platform you can also interact remotely with your customers and prospects through user-friendly and efficient digital channels, reducing process completion times and friction points for the user.

The 5th Money Laundering Directive (5MLD) came into being in January 2020 and is now known as The Money Laundering and Terrorist Financing (Amendment) Regulations 2019. 5MLD has increased compliance requirements which impact the legal sector.

CRIF can support the legal sector to fulfil obligations and meet the compliance requirments.

Would you like ot know more? Have a look at the most commonly asked questions in relation to Anti-Money Laundering to understand why and how you can strengthen your compliance processes.

Discover the best solutions for your needs:

Safely identify your new customers acquired online

Interact remotely with your existing customers and prospects to perform sales processes through user-friendly and efficient digital channels, reducing process completion times and friction points for the user.

Identity Verification Services

A wide range of electronic tools to help solicitors know their customers better. Faster customer validation processes by checking the identity of an individual and having a comprehensive view of their personal profile.

Cyber Risk Management for law firms

Easily assess and monitor cyber risk, highlight vulnerabilities, and take immediate action to stop cyber risk exposure to protect the company before any business interruption or attack actually occurs.

AML Compliance & Due Diligence

Ensure compliance with anti-money laundering regulations to help solicitors adopt a risk-based approach to financial crime thanks to real time screening of personal details against content-rich sources including positive, negative, domestic and international databases.

News

  • London, September 23, 2020

    New digital proposition from CRIF equips insurers and distributors to rapidly trade new on demand offerings

    Insurers and insurance distributors are now able to create and bring a fully digital insurance product to market within just a few months with Digital Booster from CRIF Decision Solutions. Digital Booster is powered by YOLO, a fully and exclusively digital insurance enabler. The partnership with YOLO is strategic for CRIF, enabling it to provide a unique and innovative offering by leveraging cutting-edge technology, digital processes and new insurance products.

  • London, September 4, 2020

    Restoring Confidence and Seizing Opportunities in the Insurance Sector Post Covid-19

    The post Covid-19 insurance landscape is rapidly changing and insurers are increasingly aware that they must adjust and rethink in order to satisfy the needs of their customers and remain relevant.  As a result, the pandemic may be the catalyst for innovation in insurance, leading to improved customer experience and personalisation, much of which is arguably long overdue.

All news

Events

  • London, The Great Hall, November 18-19, 2020

    CRIF exhibits at the FinTech World Forum 2020

    For more information: https://fintechconferences.com/

  • Olympia, London, October 20-21, 2020

    CRIF exhibits at the 2020 Banking Transformation Summit - POSTPONED IN 2021

    The future of banking: embracing digital transformation. For more information: https://bankingtransformationsummit.com/

Other events in the UK
Events worldwide