Accuity selected as the UK Law Society’s preferred AML e-verification supplier for PEP and Sanctions screening

London, UK — May 20, 2009 — Accuity, the leading worldwide provider of regulatory screening and payment routing data, software and services, has been selected by The Law Society as its preferred supplier of AML e-verification solutions.

As the representative body of the law firms in England and Wales, The Law Society is introducing a range of products and services to assist its members in complying with anti-money laundering obligations. Accuity has been chosen as a preferred supplier based on the resilience of its routing data and AML screening software.

Neil Skinner, Business Development Manager at The Law Society said: “We are pleased to announce that the Law Society of England and Wales has selected Accuity as its preferred supplier for PEPs and sanctions list screening. Politically Exposed Persons (PEPs) may pose a higher risk of money laundering to law firms and enhanced due diligence must be undertaken when accepting them as a client. It is also a criminal offence to provide funds to, or take funds from, a person or business on the sanctions list without permission from HM Treasury.

“Accuity can assist firms in developing a detailed risk profile of their clients and their clients' associates when they are dealing with PEPs and also help minimise the risk of dealing with sanctioned entities. Accuity's extensive experience in this field, the breadth of their information sources and their user-friendly solutions were key reasons for the Law Society's decision to appoint them as our preferred supplier.”

As the Law Society's preferred AML e-verification supplier for PEP and Sanctions screening, Accuity is offering a free five-day trial of its PEP Online look-up tool. Plus all members can receive a 10 per cent discount on the purchase of any Accuity AML solution.

Malcolm Taylor, Managing Director EMEA and APAC, Accuity, said: “Accuity is delighted to have been selected by the UK Law Society as its preferred AML e-verification supplier for PEP and Sanctions screening. Our industry-leading AML look-up tools and filtering engines provide flexible and cost-effective solutions for both large and small firms.”

Accuity’s e-verification software can help legal firms reduce the risk of violating domestic and international regulations and save valuable time and money. Accuity’s AML Compliance Suite offers a range of caution lists and screening solutions that provide a prime defense against participation in illicit financial activities, such as money-laundering and terrorist financing. Accuity introduced the world's first compliance filtering engine in 1994 and since then its products have been continually updated to provide industry-leading solutions for global due diligence and regulatory compliance.To learn more about PEP and Sanction screening, visit Accuity's Web site.

About Accuity

Accuity is the leading provider of global payment routing data, AML screening software and services that allow organisations, across multiple industries, to maximise efficiency and facilitate compliance of their transactions.

As the Official Registrar of ABA Routing Numbers since 1911, Accuity maintains the most authoritative and comprehensive databases globally with a reputation built on the accuracy and quality of our data, products and services.

For more than 150 years our worldwide clients, located in over 150 countries, include C-level executives, managers, and technology professionals. The solutions and services we provide are packaged in multiple formats to serve their diverse needs.

About The Law Society

The Law Society represents solicitors in England and Wales. From negotiating with and lobbying the profession's regulators, government and others, to offering training and advice, its goal is to help, protect and promote solicitors across England and Wales.