Enhanced Due Diligence (EDD) Simplified: How FigsFlow Helps Accountants Stay Compliant
Enhanced Due Diligence isn’t complicated. The manual process is. Fifteen documents across email, portals, WhatsApp, and post. Five PEP databases to screen. […]
Weekly News & Updates for UK Accountants (5-9 January 2026) | FigsFlow
Accountants across the UK got four big regulatory announcements this week. Charity accounting thresholds increased dramatically. FRC confirmed 2026 consultation windows. ICAEW […]
10 Best Engagement Letter Software for Accountants in 2026
Finding the best engagement letter software can transform how your accounting practice handles client onboarding. Manual engagement letter processes consume valuable time, […]
3 Forms of ID in the UK
Ever had a client insist their gym membership should count as valid ID? It sounds ridiculous, but it highlights the real problem: […]
Client Onboarding in AML & KYC with FigsFlow
How long did your last client onboarding take? If the answer is “several hours” or “I’m still chasing documents from last month,” […]
How to Perform Enhanced Due Diligence on Politically Exposed Persons (PEPs)
Your new client sits across from you. Former MP. Consultancy income. Property portfolio. Straightforward engagement letter, right? Then you remember: they held […]
Source of Funds (SOF) & Source of Wealth (SOW)
Does your client’s £500,000 property purchase align with their £35,000 declared salary? Can you trace the £200,000 “business proceeds” sitting in their […]
7 Client Onboarding Mistakes Hurting Your Business Growth & How FigsFlow Can Help
How long does it take you to onboard a new client? A week? Two weeks? Longer? How many emails go back and […]
Cheapest Anti-Money Laundering Check in the UK (2026 Cost Comparison)
UK accountants waste thousands annually on fragmented AML tools when integrated platforms handle proposals, engagement letters, and compliance in one subscription.
What Is Enhanced Due Diligence? Difference Between EDD, CDD & SDD
Do you know when to apply standard checks versus enhanced scrutiny for your clients? Could you confidently explain to HMRC why you […]
Best AML Compliance Practices for Small Accounting Firms
Small accounting firms face the same strict AML obligations as banks. This guide breaks down customer due diligence, risk assessments, and record keeping requirements into practical steps that work for practices of any size.
How to Perform Sanction Screening for Clients in the UK
Before accepting any new client, UK law requires you to verify that they are not subject to financial sanctions. Missing this check can cost […]