KYC remediation brings old client files up to today's rules. How to scope it, request only what changed, chase replies and handle clients who never answer.
KYC remediation brings old client files up to today's rules. How to scope it, request only what changed, chase replies and handle clients who never answer.
Source of funds vs source of wealth: what each means, when EU, UK and US rules ask for them, which documents prove each, and when a client's word is enough.
Customer identification program requirements for US banks: what to collect before opening, when to verify, what to record and what has changed since 2025.
A customer risk assessment rates each client low, medium or high risk. See which factors to rate, how to combine them and when a client needs a new rating.
Before you sign, a vendor risk assessment checks data security, finances and subcontractors. The proof to ask for, how to rate a vendor and when to recheck.
What is a UBO in KYB? See who counts as a beneficial owner in the US, EU and UK, how to trace ownership through holding companies, and where trusts fit in.
What AML compliance requires: the five parts of a program, the records to have ready for an examiner, who must comply, and the US and EU rules now changing.
Vendor onboarding process in 7 steps: what to collect, bank detail checks, risk tiers, contracts, approvals, payment terms and what to renew each year.
