Green Mortgage Lawyers’ Post

Planning to bring someone on board for a finance position? Make sure you don’t skip the "Financial Regulatory Check". From spotting past missteps to ensuring compliance with regulations, it’s your best bet for avoiding potential pitfalls. Learn all about it in this blog: https://lnkd.in/g5Ze9ADN #CheckMinistry #BackgroundVerification #BackgroundChecks #BackgroundCheck #FinancialRegulatoryCheck #RegulatoryCompliance #WorkPlaceSafety #DueDiligence #Hiring #Finance

When and why did Credit Control functions go out of fashion with law firms?   Effective management of lockup and debtor day performance is a burning issue raised in all of the annual law firm surveys produced by banks and accountancy firms.    But look across the Top 50 law firms and how many experienced Credit Managers or even dedicated Senior Collections specialists are left?     The population steadily declined around 15-5 years ago as broader Working Capital functions blended billing, WIP management and collections functions (and their leadership) together.    Talented, ICM qualified Credit Managers have left the sector through lack of opportunity. Meanwhile, ask an audience of Working Capital Controllers which element of a 360 role they enjoy the least and for the vast majority its collections.    What am I missing here?

I am an experienced professional with over 12 years of expertise in the financial services sector, specializing in client relations and banking operations. My background includes team management and ensuring regulatory compliance, enabling me to excel in fast-paced environments while delivering exceptional client service. I am eager to contribute to a team and bring my skills to a new opportunity. #FinancialServices #ClientRelations #BankingOperations #Compliance #TeamManagement

Here are five key areas to focus on when monitoring transactions as a Compliance Analyst: 1. Unusual Transaction Patterns: Look for inconsistencies, such as sudden increases in transaction volume, high-value transfers without clear justification, or repetitive small transactions ("structuring") that could indicate an attempt to avoid detection. 2. High-Risk Jurisdictions: Pay special attention to transactions involving countries known for money laundering risks, tax evasion, or financial secrecy laws, as these may warrant deeper investigation. 3. Inconsistent Customer Profiles: Ensure transactions align with the customer's known profile. Significant deviations—like large transfers from an account typically used for small transactions—can signal suspicious activity. 4. Involvement of Third Parties: Track transfers involving intermediaries or third parties, especially if they deviate from usual business practices, as these are often used to mask the origin or destination of funds. 5. Frequent Account Activity Near Cutoffs: Transactions occurring at unusual hours, near reporting thresholds, or just before regulatory cutoffs could indicate an attempt to exploit system weaknesses.

Exploring professional paths through the world of Fintech 🤝 Ready to take your legal career in Fintech to the next level? Don’t miss this exciting fireside chat with Selene Brett (Chief Legal, Risk and Compliance Officer, PPRO) and Chioma Ukaigwe (Legal Counsel, as they dive into their journeys through the world of Fintech. Learn how they have navigated challenges, seized opportunities, and carved out successful careers. Whether you're just starting or looking to grow, they’ll share invaluable advice, including what they wish they had known earlier and tips for accelerating your career! This is your chance to get insider knowledge and ask the questions that could shape your future! #Fintech #InHouseCounsel #CareerGrowth #ProfessionalDevelopment #LegalCareers #FintechLaw #FiresideChat #CareerAdvice #Networking #EventAlert #Craftycounsel

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I'm tempted to share 📸 This One screenshot IT speaks Volumes ! It's about Compliance of HDFC Bank Grievance Officer Details with IT Rules (2021) ⚖️ My friend was making a Purchase on Amazon because it's the Summer Sale and when he chose to make a payment through HDFC, this is what my LAWYER's eye captured: 👀 See this!!! 👇 **Section 3(2): Appointment of Grievance Officer** - Captured ✅ The **screenshot** shows a grievance officer is appointed. **Section 3(3): Grievance Officer Contact Details** - Captured ✅ The **screenshot** provides name, email, and phone number. **Nodal Grievance Officer** - Captured ✅ The **screenshot** provides contact details for a nodal grievance officer, offering a potential escalation point **Working Hours:** **(Not mandated)** - The **screenshot** specifies working hours for the grievance officer, which is helpful but not mandated by the IT Rules. Now let's see WHAT WE as lawyers can improve? 🤔 What's missing? ❓ **Section 3(4): Grievance Redressal Timeline** - Not Captured ❌ The **screenshot** does not mention the timeframe for acknowledging and resolving complaints which is 24 hours and 1 month, respectively. This is how in real life, we as lawyers add value to our clients. By knowing the law & applying practically ⚖️ ---- I ll be taking 9 weeks Technology and Privacy Certificate Course For further details : Comment " Interested " or Dm ME :) #law #lawyers #legal #legalprofession #meity #itact #information #technology #compliance #lawschools #lawstudents #legaladvice #womeninlaw #webinars #courses #upskill #careercoach #careerdevelopment 🎓📚👩⚖️

This past quarter has definitely been one of the trickier ones in recent times for In-House banking legal recruitment in London.   Legal teams in general are under immense cost pressure and fighting for headcount and budget against other corporate governance functions that (more often than not and whether rightly or wrongly) are seen as more critical to the business function in a stickier market.   Over the past couple months I have taken advantage of the slower market to meet dozens of GCs, Heads of Legal and MDs/Directors of Legal at banks and pretty much everyone is in the same boat i.e. having to do more with less!   But of course it is not all doom and gloom…   As we all know the markets are cyclical and it is only a matter of time before hiring picks back up again and we catapult back into a far more candidate led market – this of course presents its own challenges!   The main positive I can take from this slower period is that it’s given me the increased opportunity to meet some fantastic people (both clients and candidates) in conjunction with allowing me to cement relationships that were already formed years ago.   If you are a lawyer at a bank and you’d like to connect either to discuss your own situation or that of your team (or perhaps both) please get in touch.

Greetings Everyone! I am delighted to share that my blog titled: "Navigating the RBI's Digital Lending Guidelines: Addressing Challenges and Ensuring Consumer Protection", which I co-authored with Tirth Purani has been published on the Arbitration & Corporate Law Review. I would be deeply honoured if you could give it a read and provide with some feedback. I have attached the link hereinbelow. Link: https://lnkd.in/gZ-q-sFM

Day 4 of Corporate KYC: Part 1 Today, we're focusing on Private Limited Companies, which promises to be both informative and thought-provoking. Let's embrace the learning journey together! A private limited company is a type of business entity that is privately held by its shareholders and has limited liability. This means that the liability of the shareholders is limited to the amount of their investment in the company, and their personal assets are generally protected from the company's debts and liabilities. Real-time example: Suppose you and your friends decide to start a software development company called "ABC Innovators Pvt. Ltd." Each of you invests money into the company and becomes a shareholder. As a private limited company, ABC Innovators Pvt. Ltd. would have limited liability, meaning that if the company were to incur debts or face legal issues, your personal assets would generally be protected. However, the company's shares cannot be publicly traded, and there are restrictions on the transfer of shares. #Day4 #compliance #Kyc #PLC *Note : Just to clarify, I'm not in HR field, so please refrain from messaging me about job opportunities. Thanks for understanding!*