Sovereign wealth funds and state-linked structures are often perceived as low risk because they carry an assumption of legitimacy. But how should firms assess these relationships in practice?

In this episode, Michelle Clement is joined by Colin Solomon to explore the lessons arising from the Jersey v LGL Trustees Ltd re Angola case, and what it reveals about risk classification, onboarding assumptions, professional judgement, and regulatory scrutiny.

Together, they discuss how perceptions of legitimacy can influence decision-making, what regulators look for when reviewing files in hindsight, and how firms can ensure their risk assessments and rationale stand up to scrutiny.

Colin has also prepared a summary of the case and regulatory findings. If you would like a copy, you can connect with him on LinkedIn: https://www.linkedin.com/in/colin-solomon-07102613/.

This episode explores the critical differences between having risk assessments and actively using them in law firms. Hosted by Michelle Clement, with AML consultant Kayleigh Smale, it emphasises how effective risk assessments can shape decision-making, influence behaviour, and ensure compliance.

This conversation is about what risk assessments are meant to evidence and why that’s harder than it looks.

In this episode of The AML Clinic Podcast, Michelle Clement is joined by Arik Oslerne to explore one of the biggest shifts currently shaping AML and client onboarding: the rise of AI.

The episode explores:

• where AI is currently adding practical value in AML and onboarding
• how automation is changing legal workflows and decision-making
• the risks of over-reliance, false confidence, and loss of context
• why AI outputs still require human challenge and interpretation
• what makes AI-supported decisions defensible under regulatory scrutiny
• how firms should think about oversight, audit trails, and accountability
• where the legal market is heading as firms increasingly embed AI into practice

The conversation focuses on the reality that regulators will still expect firms to explain how decisions were reached, what information was considered, and whether the outcome made sense in context.

Designed for law firm leaders, MLROs, compliance professionals, and risk teams, this episode offers a practical and grounded discussion on how firms can integrate AI into AML processes in a way that is effective, proportionate, and defensible.

SRA | Compliance tips for solicitors regarding the use of AI and technology | Solicitors Regulation Authority