Welcome to the Caresso Law Frequently Asked Questions

We have set out below some of the most frequently asked questions in order to help you understand and make a decision as to whether Caresso Law is right for you.

If you are new to Caresso Law, or considering using our debt litigation scheme (the "Debt Scheme") we have included a section below explaining the terms and conditions. You might also find it useful to review our Service Level Agreement.

The small print explained.

Our services are principally directed at the small to medium sized business needing to conduct fully managed compliant screening at a fully inclusive low cost. As our services are principally batch driven, we are well suited to accountancy practices, realtors / estate agencies and those that have a database of clients that they need to screen pursuant to compliance legislation. *Our full terms and conditions are available here.

AML Lite is a permanently free and unlimited global sanction checking service. By sending an email to [email protected] we will reply within 10 minutes to confirm if the entity being checked appears to have a 'hit', in other words matched against our global database of sanctions and watchlists. The reply will simply notify if there is a Saction or PEP 'hit'. It will not provide recursive daily screening like AML Pro. Whilst you may make an unlimited number of searches, we throttle throughput to avoid system overload.

AML Pro is also an unlimited global sanction checking service. It provides a dedicated login to our secure portal where you add / remove and edit entities and relevant filters that we recursively screen overnight, every night. There is no limit to the number of searches, or entities that you can screen, and it is designed for batch import (and export) as well as ad-hoc updates. The service is both simple and easy to use.

**AML Pro also includes KYC Pro, and gives you 10 free digital-ID checks, performed against compliant chip enabled e-passports, whereby we access and verify the human likeness of the passport photograph embedded on the chip for added security. Thereafter each check is charged at 1 euro. KYC Pro is a new feature due to be rolled out in Q3 2023. We also provide volume scanning for financial institutions and other organisations requiring high-volume, inline, secure API access on request.

Is your AML/CDD/CFT service - AML Lite - really completely unlimited, and also free?

Absolutely. Like most of our services, we do not make any charge to you for the AML Lite service. We realise that this may, at first, appear a little at odds with other legal, compliance and related service providers. But is is not a unique approach to business at all. Think Google, and the basis upon which you can enjoy a whole host of incredibly valuble services, completely free of charge. Our approach is similar. We provide you with incredibly sophisticated, high value services, to reduce the costs of keeping your business going and remaining compliant, on the basis that when you need recursive batch screening, you will pay the modest monthly upgrade fee - which is guaranteed to save you at least 50% of your existing screening service - or that of any other competitive quote that you receive! We also hope that you will consider using Caresso Law's core litigation funding services to recover any debts, finance litigation, and assist your clients - where you are for example a firm of accountants.

It is only accessible via email as specified here.

Is AML Pro really completely unlimited?

Yes. It too is also absolutely unlimited. As with AML Lite, you can screen as many entities as you like, and we re-screen them recursively over night. Every night. As recommended by leading regulators around the world.

Are all your other services also really no win, no fee - and what does that really mean?

We specialise in fully funded and fully indemnified litigation. This typically means that there will be no financial outlay from you (we do charge a GBP 850.00 fee for underwriting and boarding litigious/disputed debt cases, but that is only payable if and when we agree to take them on), with your costs being fully indemnified, for the purpose of pursuing legal disputes with peace of mind and impunity.**

We offer two unique commercial debt schemes that also fully indemnity (own and adverse costs) and uniquely also guarantee the payment of any qualifying debt our solicitor agree to take to court, but fail to make a recovery.*

Do you screen all sanctions and watchlists around the world every day?

Absolutely. We screen all major sanctions and watchlists on a daily basis. For full details of our datasources see our SLA.