Fearless compliance

A risk management support network for law firms has been set up by the current chair of the Law Society’s Money Laundering Taskforce. Teal Compliance, which launched in January, aims to provide cost-effective, bespoke advice to law firms of all sizes on anti-money laundering, General Data Protection Regulation compliance, and other compliance or risk-related topics. Amy Bell, director of Teal Compliance, said: ‘Every lawyer I know has “3am files” that make them sit bolt upright in bed, until they make a deal with themselves to sort it first thing in the morning. We believe that compliance should not be feared.’