English Law Society's Money Laundering Task Force chair Amy Bell to advise @EncompassCorp
encompass corporation has appointed Amy Bell, of Amy Bell Compliance, as industry advisor to advise on encompass verify, next generation AML and KYC software for legal and accountancy.
Chair of the Law Society’s Money Laundering Task Force, Amy worked for many years as a solicitor before moving into compliance and eventually launching her own firm. A leading figure helping law firms adapt to the changing legal landscape, Amy is also the author of the Law Society’s Elearning and Toolkit on the Bribery Act.
Listed by Planet Compliance as one of the UK’s most influential RegTech firms, encompass is the creator of KYC automation for major financial and professional service firms globally.
“Amy’s practical approach to AML compliance was one of the key reasons we were keen to work with her” commented Wayne Johnson, CEO of encompass. “Her in depth knowledge of the legal industry from advising firms of all sizes combined with her experience working within the Money Laundering Task Force makes her the ideal person to advise us on go to market strategy, customer needs, as well as supporting us in promoting our technology within the UK market.”
Amy Bell said: “The latest 2017 regulations require considerably more information, such as broadening the scope of those considered PEPs and making due diligence a more involved process than it was previously. Regulations have moved on to such an extent that law firms are now looking to RegTech solutions, such as encompass verify, to help them keep up.”
Notes to Editors
About encompass corporation
encompass is the creator of KYC automation for major financial and professional service firms globally. It is the only provider of simultaneous, real-time access to multiple sources of global company and person data. By using robotic search to discover everything your KYC policy demands, encompass delivers more efficient processes and faster, safer regulatory compliance, resulting in lower costs and superior risk management.
encompass’ products robotically search structured and unstructured information sources to automate your KYC, AML and EDD policies. Key elements including UBOs, PEPs, sanctions and adverse media are all identified, visualised and verified in seconds. Whether it’s one, or one thousand customers, enhanced risk assessment, monitoring and remediation can now be achieved at scale through the power of automation.
About Amy Bell
Amy Bell is a Compliance Consultant and director of Amy Bell Compliance where she helps firms adapt to the changing legal landscape by supporting everyone in a firm to understand compliance and how to apply risk management principles to improve client service and deliver efficiency.
Amy is also chair of the Law Society’s Money Laundering Task Force and the author of the Law Society’s Elearning and Toolkit on the Bribery Act.
For more information, please visit www.encompasscorporation.com
Tel: +44 (0)7932 011212