Know Your Customer (KYC) is a mandatory, regulatory and legal requirement that companies who are active within the financial services sector, must carry out due diligence by using independent and reliable information or documents on their clients to verify their identity and prevent fraud, money laundering and terrorist financing .
Governments all over the world have imposed stringent laws and regulations such as Anti Money Laundering Acts/Directive and Alternative investment Fund Managers Directive (AIFMD) to ensure companies have a thorough look at their business’ partnerships and clients.
Through our own developed software database, we offer an independent assessment on compliance with KYC obligations and we provide our clients with a safe way to stay compliant with KYC requirements.
We assist our clients in the following areas:
- Customer identification, verification and due diligence
- KYC reporting
- KYC and due diligence documents
- Periodical re-assessment and updates