The tension between keeping AML records for compliance and destroying them for data protection creates a legal minefield that most firms navigate incorrectly.

You think checking the PSC register is enough. HMRC expects three more steps after that.

HMRC supervision visits expose the fatal flaw in manual AML checks: scattered documentation that takes hours to compile when you have minutes to respond.

Passport filed. Client onboarded. HMRC asks for verification evidence. You can't show them. But FigsFlow Can.

Most accounting firms make the same five ID verification mistakes without realizing it.

Your accounting firm needs a written AML policy that actually works, not a generic template gathering dust in a drawer.

Enhanced Due Diligence (EDD) requirements explained for UK accounting firms, covering mandatory triggers, prescribed measures, common compliance failures, and practical implementation steps under MLR 2017.

Get AML wrong and face prison, unlimited fines, and losing your practice—because criminals deliberately look like your best clients.

88% of firms with cash-based business clients completely missed this risk factor in their AML assessments

Transaction monitoring is where AML compliance gets real—it's ongoing scrutiny of client financial activity that separates compliant practices from those waiting for an HMRC inspection to expose their gaps.