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Daily Archives: 14/06/2024

KYB risks for legal firms

How to mitigate KYB risks in your legal firm: practical strategies for compliance teams

Complying with Know Your Business (KYB) regulations for legal firms is both a statutory requirement and a strategic imperative to prevent fraud and money laundering. This includes a thorough understanding of KYB requirements, implementing robust customer due diligence processes, and establishing effective beneficial ownership identification. … Read More