Timestamps
00:00 Welcome and introductions
00:57 Poll: the compliance questions you answer every day
02:22 What governance is: Risk Rules, Procedures, ethical walls and custom monitoring
07:36 Scenario 1: a purchase funded by a gift from the bank of mum and dad
11:49 In the platform: provisional licence rejected and source of funds escalated
13:08 Scenario 2: a high-risk client and the scramble on exchange day
16:43 Scenario 3: a CCJ caught in one check
18:20 Q&A: sending parts of one CDD report to different people
19:18 Getting started from the Governance tab
20:24 Q&A: fewer consider results, then closing
Key Takeaways
- Governance turns your written AML policy into actions Legl takes for you. 86% of attendees said they answer the same compliance questions every day, and governance takes those questions off your desk.
- Risk Rules correct the client at upload. A provisional licence gets rejected on the spot, and a client in a high-risk country is asked for a second proof of address before the request reaches your team.
- Procedures send each result to the right person with your guidance attached. A gifted deposit can go to the MLRO and a CCJ to the fee earner, and the Activity tab logs every step for audit.
- You can start today from the Governance tab, and Procedures cost nothing to set up. Send the team your risk policy and the questions you answer most often, and they'll build the setup with you.
