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Law firm employees could be clamouring to take anti-money laundering training, if a business that has applied computer game technology to training in a subject not normally described as ‘fun’ successfully gains traction. In the latest of our features on lawtech start-ups, we profile a company using games as the model for designing training courses.

The number of law firms suspected of involvement in money laundering trebled last year, with some solicitors mixed up with the Russian mafia as well as “inappropriate transactions” following the Arab Spring, the Solicitors Regulation Authority revealed yesterday.

ETSOS the leading provider of searches to the Legal and Conveyancing sector has announced that it has agreed to supply the SmartSearch Electronic Anti-Money Laundering Verification services via the ETSOS platform. ETSOS users will now be able to gain immediate PASS/REFER results for clients without the need for traditional documents such as Passports and Driving licences. The SmartSearch reports will also assist firms in identifying Politically Exposed Persons and name matches on the HM Treasury Sanctions list, ensuring compliance with the Anti-Money laundering Regulations.

The government has changed its mind over scrapping more than two dozen money laundering offences that can penalise lawyers for minor rule breaches, but has emphasised that minor failures should not lead to prosecution.

Law firms need to be alert to increased risks of being targeted by fraudsters and money launderers during the London Olympics, the Law Society has warned. Issues include fake passports, sham disputes and visits by foreign politically exposed persons.