Deeply configurable Ongoing Monitoring

Yes. Admins control screening from your monitoring settings, and changes apply firm-wide. For individuals you choose which categories you screen against. Sanctions, PEPs (including which seniority levels), warnings by source jurisdiction, and adverse media, alongside where you pick the risk types, how widely to search, and how sensitive matching should be, is all available via the settings. This also applies to Company Monitoring settings where you firm can choose to categorise also the risk level of the alterts that you receive.

Yes, this can be done individually or in bulk. You simply open an alert, select the reviewer and add a comment. Your colleague will receive an email with the direct link.

Yes, you control which updates generate an alert across individuals and company monitoring. There is deep configuration and controls here, and your firm can analyse the impact of any changes that you'd like to make on the last 90 days of activity so you can see how many alerts you've received and whether that volume would decrease with the proposed changes. For individuals, you can whitelist matches you've confirmed don't relate to your client to reduce false positives resurfacing.

Yes there are comprehensive configuration settings available to your firm. For company monitoring, admins of your account can turn any company monitoring category on or off, and can control how alerts are categorised across high, medium and low risk. For individuals, admins can configure screening categories on or off, which PEP levels or risk types are included, and how strict name matching is in practice.

Legl's risk agents work through all the evidence, including details you already hold on the client, the source supplied with the alert and its own web-based research. You get a clear recommendation with a confidence level, a plain-language explanation and a record of exactly which sources have been searched and checked. The reviewer still confirms whether the alert is a match or not a match and marks the alert accordingly.

Legl's risk agents do the research for you, presenting you with decision-ready information designed to accelerate the review experience. Alerts can be filtered by priority and actioned in bulk. You could review a result in as little as a few seconds as risk signals are clearly supplied to you and your team to inform your decision.

Under the Money Laundering Regulations 2017, regulated firms need to monitor the business relationship for its duration, keeping client due diligence documents and information up to date, and reviewing the risk profile of the client. Sanctions obligations and continuous and strict-liability, which is why sanctions status needs checking on an ongoing basis rather than only at the initial client onboarding stage. The SRA has provided guidance that firms should be using digital screening tools and be able to evidence what they have carried out in a clear audit trail. Legl automates the detection of alerts and automatically compiles the audit trail - the compliance decisions remain with your firm.

Alerts are routed to the people responsible for reviewing them - they can be assigned to a reviewer, who gets an email with a direct link to the update. Firms can turn on auto-assignment, which routes new alerts automatically by type. Separately, a weekly monitoring summary can be routed every Monday to your firm's designated compliance contacts, typically the MLRO or AMLCO. You can add multiple recipients if needed. All alerts sit on the firm-wide Monitoring dashboard.

The Compliance overview gives the picture across PEP and Sanctions matches, high-risk rated risk assessments, clients in high-risk jurisdictions etc. Compliance leadership teams can get a picture of live risk through ongoing monitoring, they have access to summaries of alerts or changes in the client base and they can easily filter by priority or risk type to get to the heart of information quickly.