Law Firm AML/KYC Compliance | Truth Technologies
Legal & Professional Services

Your Clients Deserve Due Diligence. So Does Your Firm.

Law firms handle large sums of client money, making them an attractive target for money launderers. Regulatory requirements for the legal sector are increasing globally. Sentinel™ provides the AML and KYC infrastructure that law firms need.

Up to 75% Alert Reduction
Same-Day Go-Live
The Challenge

Law Firms Are an Overlooked AML Target

Lawyers handle client money, company formations, real estate transactions, and cross-border fund movements. Each of these activities is explicitly identified by FATF as high-risk for money laundering.

Sentinel™ provides law firms with the client due diligence, sanctions screening, and PEP checks required to meet anti-money laundering program obligations and the expanded DNFBP requirements taking effect globally under FATF, AUSTRAC Tranche 2, and EU AMLA.

🦉

Good Tip from Oscar

"A retainer is not just a fee, it's a placement. Dirty money enters your client account clean and exits as unused legal fees. The fact that you didn't know doesn't protect you once AUSTRAC, the SRA, or FinCEN comes asking. Know your client. Really know them."

75%
Alert workload reduction through automation
<1 Day
Integration time via Real-Time API or batch
30 Yrs
Banking-sector AML compliance experience
Regulatory Landscape

Key AML/KYC Regulations Sentinel™ Helps You Meet

USA

FinCEN / ARPR

FinCEN's proposed Anti-Money Laundering Regulations for Attorneys would require US law firms handling real estate, corporate formations, and client funds to implement AML programs and file SARs.

USA

OFAC Sanctions Compliance

Law firms must screen clients and counterparties against OFAC's SDN list before accepting retainers or handling transactions involving covered funds.

EU

EU AMLA & 6AMLD

Law firms in the EU are designated DNFBPs under the AML Directives and subject to AMLA's unified supervision from 2025. CDD, PEP screening, and STR filing are required for covered legal activities.

UK

SRA / LSAG / MLRs 2017

UK solicitors are regulated by the SRA and must comply with the Money Laundering Regulations 2017. Source-of-funds checks, CDD at client onboarding, and NCA reporting obligations apply.

Canada

FINTRAC / PCMLTFA

Canadian legal professionals handling real estate, company formations, and client funds are reporting entities under the PCMLTFA with CDD and STR filing obligations.

Australia

AUSTRAC Tranche 2

AUSTRAC's 2024 Amendment Act extends AML/CTF obligations to law firms providing covered legal services. Deadline: July 1, 2026. Law firms must register, conduct CDD, and maintain AML programs.

Global

FATF DNFBPs Guidance

FATF classifies lawyers and notaries as Designated Non-Financial Businesses and Professions. Its 2023 guidance requires risk-based AML programs, beneficial ownership checks, and STR filing.

EU / UK

EU AMLA / ECCTA

The UK's Economic Crime and Corporate Transparency Act 2023 and EU AMLA reforms are tightening corporate transparency requirements that directly affect law firms serving business clients.

Platform Capabilities

Everything Your AML/KYC Compliance Team Needs

Lowest False Positive Rate

Secondary matching criteria date of birth, citizenship, address eliminate erroneous alerts before they reach your team. Your analysts focus on real risk.

Continuous Customer Monitoring

Your full customer portfolio is automatically re-screened when watchlists update. No manual batch jobs. No compliance gaps between periodic reviews.

Un-editable Audit Logs

Every decision, every alert, every override is timestamped and logged in an immutable audit trail. Fully exportable for examiner review at any time.

Real-Time API & Batch Processing

Integrate at onboarding via Real-Time API, or run batch screening across your full portfolio. Same-day go-live less than one business day to integrate.

Global Watchlist Coverage

OFAC SDN, UN, EU, HMT, DFAT, and 50+ additional global sanctions lists all updated daily. PEP screening and adverse media in 5 languages.

Tier 1 & 2 Support

From user training to technical consultation. Dedicated support for large operations. Human support from compliance professionals not a help desk queue.

You Advise Clients on Risk.
Who's Advising You?

Law firms have been the last DNFBP standing without mandatory AML programs. AUSTRAC Tranche 2 ends that in Australia by July 2026. FinCEN proposals are moving in the US. EU AMLA is already operational. Read the AUSTRAC reforms breakdown →

Drafted by humans. Reviewed by lawyers. Approved by nobody who thought this was fun. Welcome to compliance.

The information on this website is provided for general informational purposes only and does not constitute legal, regulatory, or compliance advice. Truth Technologies, Inc. makes no representations or warranties regarding the accuracy, completeness, or currency of the regulatory information presented. AML/KYC obligations vary by jurisdiction, institution type, and individual circumstances. Organizations should consult qualified legal counsel or a licensed compliance professional before making compliance decisions. Sentinel Compliance Platform™ is a product of Truth Technologies, Inc.