OneSearch has launched an Anti-Money Laundering (AML) check designed to improve the way property professionals manage compliance and transactional due diligence.

OneSearch AML provides conveyancers with an up-to-date Know Your Client checker in the fight against fraud in the sector, while ensuring adherence to recently updated industry standards and guidelines.

The firm says that with biometric scanning, NFC technology, secure encryption, and cloud-based storage, ID checks are a more safe and accurate part of the conveyancing process.

In addition, OneSearch AML offers ongoing monitoring checks, which provides post-sale examinations of any changes, developments, or updates to customers profiles over a 12-month period.

Robin Wells, head of sales operations at OneSearch, said: “The launch of OneSearch AML underlines our ongoing commitment to empowering conveyancers in navigating their day-to-day workflow, and in this case, support for any complexities that run alongside AML due diligence.

“For us, we know and understand the complexities of KYC regulations of our clients – assessing risks, identifying suspicious activities, and especially ongoing monitoring are all imperative to our customers and to the industry as a whole. “OneSearch AML solution delivers quick, secure, and accurate cover across all these areas.”