Kord

Source of funds and source of wealth are two separate requirements under the Money Laundering Regulations 2017. The Solicitors Regulation Authority has said so plainly, and its thematic review of source of funds and wealth compliance, published on 5 Novem

STUDIO CITY, Calif., Sept. 23, 2026 (SEND2PRESS NEWSWIRE) -- Kord Fire Protection is sharing guidance for California facility owners, engineers, contractors and fire protection professionals on inspection, testing and maintenance considerations for privat

A law firm holding client money must reconcile at least every five weeks and obtain an accountant's report once a year, six months after its year end. Until 2027, that report must be qualified by an accountant. An FCA-regulated payment or e-money institut

In its thematic review of source of funds and wealth compliance, published on 5 November 2025, the Solicitors Regulation Authority reviewed 5,873 client files. On 18% of them the source of funds had been collected but not adequately scrutinised. On 11% th

Many firms considering a third party managed account, or TPMA, share the same worry: if a regulated provider holds the money, does the firm still call the shots? It's a reasonable question. Client money is the one area where a firm can't afford to get thi

In the last set of penalties published by HMRC, estate agents received 170 of them, worth £835,842. That was nearly half of all the anti-money-laundering fines handed out across every regulated sector in the country, in a single six-month window. Almost n

The test for enhanced due diligence changed on 30 June 2026. Transactions that were 'complex or unusually large' used to trigger it automatically. The test now reads 'unusually complex or unusually large', measured against what's normal for that client an

Kord, a fintech company focused on modernizing financial workflows for regulated businesses, announced it has raised £6.4 million in Series A funding to accelerate the growth of its platform that combines client onboarding and client money management into

Kord Fire Protection, a leading provider of fire and life safety services across Southern California, today announced the expansion of its service capabilities with the launch of Kord Electric. This new division marks a strategic move to provide integrate

/PRNewswire/ -- Kord Fire Protection, a leading provider of fire and life safety services across Southern California, today announced the expansion of its...