What is Smart Compliance?
Smart Compliance from Lifetime Legal is a dedicated service that helps ensure businesses meet their obligations under The Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017. They offer a fully managed, end-to-end service that protects your company, frees up your employees' time, and minimises your risk—all at no cost to your agency.
Smart Compliance can be setup within your Street account allowing you to submit an AML check on owners and sales applicants at the click of a button.
Note - To use the integration, you need an account with Smart Compliance.
Benefits of using Smart Compliance
Reduce risk – with their HMRC guarantee
Save time – Smart Compliance carry out all the enhanced due diligence
At no cost – Smart Compliance are free to estate agents because your clients pay for the packs
Setting up the Smart Compliance integration
If you are interested in understanding more about this, please contact the Street Support team on Live Chat or contact your Customer Success Manager who can pass your details over to Smart Compliance to arrange an introductory call.
If you choose to use Smart Compliance as your AML provider, they will schedule in a training session on how the process works, send Compliance Policy and Risk Assessment templates as well as white labelled marketing material you can use with your clients. From there, the Street team will liaise with Smart Compliance to setup the API integration.
Once the integration is setup, you can begin using Smart Compliance AML checks from within Street. For more information on how this works, see our Smart Compliance AML Checks help article.