13/05/2026
AML Tranche 2 isn’t just about ticking a compliance box.
It’s about proving your firm can identify, assess and manage risk properly.
For Partners, CIOs and leaders in gatekeeper professions, the expectations are changing. Basic ID checks and manual processes are no longer enough.
Firms need to be ready for:
✅ Stronger client due diligence
✅ Ongoing monitoring of suspicious activity
✅ Clearer visibility over client and business risk
✅ Staff who know how to recognise red flags
Because AML risk is not just a technology issue. It’s a people, process and governance issue.
That’s why Tranche 2 needs to be treated as a board-level priority, not something left until the last minute.
To help firms prepare, we’ve put together a practical AML Tranche 2 Preparation Guide, including a checklist designed for legal firms and CIOs navigating the new requirements.
Download the guide here 👉 https://ap1.hubs.ly/y0QJD00