--- title: AML compliance priorities for 2021 with Amy Bell | Encompass webinar description: Presented by Amy Bell, legal industry advisor to Encompass, discusses what legal firms need to prioritise in 2021 to remain regulator ready. image: https://events.encompasscorporation.com/hubfs/Landing%20pages/Webinar_AML-compliance-priorities_featured.png --- +44 (0) 333-772-0002 [info@encompasscorporation.com](mailto:info@encompasscorporation.com) - [Twitter](https://twitter.com/EncompassCorp) - LOG IN - [encompass confirm](https://encompassconfirm.com/#/login) - [encompass verify](https://encompassverify.com/#/login) - [encompass SAI Global](https://saiglobal.encompasshost.com/) [![encompass](https://events.encompasscorporation.com/hubfs/EncompassCorporation_December2019/Images/logo.svg)](https://www.encompasscorporation.com/) - [product](https://www.encompasscorporation.com/) - [UBO discovery](https://www.encompasscorporation.com/discovery/) - [screening](https://www.encompasscorporation.com/screening/) - [identity verification](https://www.encompasscorporation.com/identity-verification/) - [ongoing monitoring](https://www.encompasscorporation.com/ongoing-monitoring/) - [remediation](https://www.encompasscorporation.com/kyc-remediation/) - [sectors](https://www.encompasscorporation.com/corporate-and-investment-banking/) - [corporate and investment banking](https://www.encompasscorporation.com/corporate-and-investment-banking/) - [challenger banks and fintech](https://www.encompasscorporation.com/challenger-banks-and-fintech/) - [insurance](https://www.encompasscorporation.com/insurance/) - [legal and accountancy firms](https://www.encompasscorporation.com/legal-accountancy-firms/) - [wealth management](https://www.encompasscorporation.com/wealth-management/) - [use cases](http://www.encompasscorporation.com/kyc-automation) - [automated AML solutions](https://www.encompasscorporation.com/automated-aml-solutions/) - [KYC automation](https://www.encompasscorporation.com/kyc-automation/) - [Know Your Vendor compliance](https://www.encompasscorporation.com/know-your-vendor-compliance-solution/) - data - [data providers](https://www.encompasscorporation.com/data-sources-reports/) - [global coverage](https://www.encompasscorporation.com/data-sources-reports/global-data-coverage/) - about us - [our story](https://www.encompasscorporation.com/about-encompass/) - [careers](https://www.encompasscorporation.com/careers/) - our people - [our partners](https://www.encompasscorporation.com/encompass-partners/) - [company news](https://www.encompasscorporation.com/blog/category/encompass-news/) - [media coverage](https://www.encompasscorporation.com/media-coverage/) - [faq](https://www.encompasscorporation.com/faq/) - insights - [blog](https://www.encompasscorporation.com/blog/) - [case studies](https://www.encompasscorporation.com/case-studies/) - [events](https://www.encompasscorporation.com/events/) - [infographics](https://www.encompasscorporation.com/encompass-infographics/) - [podcast](https://www.encompasscorporation.com/sign-up-for-the-regtech-2020-podcast/) - [webinars](https://www.encompasscorporation.com/encompass-webinars/) - [whitepapers](https://www.encompasscorporation.com/encompass-white-papers/) - [video gallery](https://www.encompasscorporation.com/video-gallery/) - [contact](https://www.encompasscorporation.com/contact/) # AML compliance priorities in 2021 ### Ensuring your firm is regulator ready As ever, Anti-Money Laundering (AML) is high on the compliance agenda for law firms. MLROs and MLCOs will be reading the latest Legal Sector Affinity Group (LSAG) guidance with interest, as well as the latest report from the Solicitors Regulation Authority (SRA) about their recent visits to firms, thinking about how to implement their recommendations. Presented by Amy Bell, Director of Teal Compliance and legal industry advisor to Encompass, discusses what legal firms need to prioritise in 2021 to remain regulator ready. -- #### Key learns - the importance of matter risk assessments - demonstrating a risk-based approach when it comes to looking at source of funds and source of wealth - what firms need to consider when deciding whether to have an independent audit - making sure you are regulator ready -- Fill out the form to watch the on demand webinar. [Click here to view more **Encompass** webinars.](https://www.encompasscorporation.com/encompass-webinars/) ## about **Encompass** A full and accurate picture of beneficial ownership is the foundation of effective KYC. Manually building this picture from a plethora of documents and third party sources, however, is a long, expensive and error-prone process. **Encompass**’ intelligent process automation conducts on demand document and data collection, analysis and integration from public and premium sources to bring transparency to complex corporate structures and ultimate beneficial ownership, delivering the most accurate and complete KYC on demand. The full picture of a customer significantly enhances the effectiveness and efficiency of subsequent KYC activities including screening and IDV - both of which can be carried out seamlessly in the **Encompass** platform if required. All information on a customer, along with supporting documents, are dynamically compiled into a comprehensive, digital KYC profile that **Encompass** can also monitor for ongoing regulatory risk. 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