Enhanced Due Diligence on Politically Exposed Persons (PEPs) Explained
Enhanced Due Diligence (EDD) means taking additional steps and conducting monitoring beyond standard Customer Due Diligence (CDD). Firms use EDD when they […]
No Photo ID? What You Can Use in the UK
If you’re searching for no photo ID what you can use in the UK, this guide explains every accepted option for banking, […]
Enhanced Due Diligence (EDD) Simplified: How FigsFlow Helps Accountants Stay Compliant
Enhanced Due Diligence isn’t complicated. The manual process is. Most accountants dealing with high-risk clients already know the feeling: documents scattered across […]
10 Best Engagement Letter Software for Accountants in 2026
Engagement letter software for accountants automatically generates ACCA and ICAEW-compliant letters of engagement in under 60 seconds – eliminating scope creep, missed […]
What is AML Verification? The Foundation of UK Anti-Financial Crime Compliance
Criminal activities such as money laundering can often be hiding in plain sight as observed in the case of a UK finance […]
3 Forms of ID in the UK
Ever had a client insist their gym membership should count as valid ID? It sounds absurd, but it points to a genuine […]
Client Onboarding in AML & KYC with FigsFlow
AML client onboarding is the mandatory process UK accounting practices must complete before providing any regulated service under MLR 2017. It covers […]
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.
KYC Compliance UK: How to Avoid the Most Common Pitfalls and Penalties
Discover the six most common KYC compliance mistakes that lead to regulatory penalties and learn practical strategies to implement robust client verification procedures.