FREE TRAINING: New webinar series launched for conveyancers

Property search and data company, tmgroup, has teamed up with IQ Legal Training to educate conveyancers on effective fraud risk management.

tmg group webinar for conveyancers poster

A free webinar series has been launched by tmgroup, who has teamed up with IQ Legal Training, to inform and educate conveyancers across many areas of residential risk management.

Fraud poses a significant challenge for residential conveyancers, with criminals often attempting to exploit the transaction process for money laundering purposes.

The consequences extend beyond dissatisfied clients who fall victim to fraudulent activities. Conveyancers may also face negligence claims when third parties suffer losses due to fraud, placing an additional burden on resources.

In their first webinar, which can be watched here, tmgroup and IQ Legal Training reveal the top habits needed for effective fraud risk management.

Key learnings

The key learnings from the webinar include how to risk assess your clients, recognise seller and buyer fraud patterns and create and comply with procedures and processes.

It also covers Safe Harbour electronic client verification, registration fraud due diligence and mortgage fraud checks and balances.

Conveyancers must stay vigilant to the risks and strengthen their own safeguards.”

Jonathan Stebbings, tmgroup
Jonathan Stebbings, tmgroup

Jonathan Stebbings, Chief Commercial Officer at tmgroup, commented: “Conveyancing can be a risky business. Conveyancers must stay vigilant to the risks, continuously assess potential fraud types and strengthen their own safeguards to stop fraudsters in their tracks.

“That’s why tmgroup offers the most comprehensive suite of risk management tools all in one place to help law firms effectively and efficiently manage their risk. From risk alerts, audit trails, tailored search recommendations and management dashboards, to industry-leading title management solutions, ID and AML compliance tools and verification checks, we deliver protection and peace of mind to both legal firms and their clients.”




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