Alphabetical Glossary

E

A run-down of all of the relevant glossary terms beginning with "E"...

Enhanced Due Diligence (EDD)

EDD is a higher level of scrutiny applied in situations presenting increased risk, such as dealings with Politically Exposed Persons (PEPs) or clients from high-risk jurisdictions.

Escrow

Read more about the meaning of "Escrow" and how it can add transparency, security and trust in high-value, complex or long-term transactions.

Escrow Agent

Read more about the meaning of an "Escrow Agent" and how they are increasingly used in complex, high-value or long-duration transactions. Secure, FCA-regulated service with Bank of England deposits.

Estate Administration

Find out what estate administration involves in the UK, who is responsible, and the key steps for managing and distributing a deceased person’s assets.

Estate Administrator

Explore the role of an estate administrator in the UK - what they do, when they are appointed, and how they differ from executors.

Executor

Discover the legal role of an executor in the UK, their responsibilities in managing a will and estate, and what steps they must follow.

Executor Account

Discover what an executor account is, how it supports estate administration in the UK, and why it's crucial for executors and legal professionals.

dospay Escrow & Payments

Articles

Information, guides and blogs about specialist escrow and third-party managed payment services.

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Pensions in the Age of Market Uncertainty – Avoiding Trapped Surplus

Escrow

Pensions in the Age of Market Uncertainty – Avoiding Trapped Surplus

Discover how pension deficit escrows offer a low-cost, efficient solution to avoid trapped surplus in defined benefit schemes amid market volatility.

Understanding FF&E Procurement: Should Interior Designers Purchase as Agent or Principal?

Third-Party Managed Accounts

Understanding FF&E Procurement: Should Interior Designers Purchase as Agent or Principal?

The devil lies in the detail - we explain the nuanced differences between the two.

High-Value Dealers: Part 3 - Simplifying Compliance with Third-Party Escrow Services

Third-Party Managed Accounts

High-Value Dealers: Part 3 - Simplifying Compliance with Third-Party Escrow Services

Outsourcing provides an opportunity for interior designers to lighten the compliance burden.

High-Value Dealers: Part 2 - Practical Steps for Compliance

Third-Party Managed Accounts

High-Value Dealers: Part 2 - Practical Steps for Compliance

Interior designers are now required to adhere to comprehensive anti-money laundering (AML) regulations. We detail the obligations.

High-Value Dealers: Part 1 – What's Changing and Why?

Third-Party Managed Accounts

High-Value Dealers: Part 1 – What's Changing and Why?

Regulators are taking a closer look at interior designers, art dealers and other high-value sellers.

Where to deposit party wall security for expenses

Escrow

Where to deposit party wall security for expenses

We look at the options for depositing party wall security for expenses under the Party Wall etc. Act 1996