Resources


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What is ‘Know Your Customer (KYC)’?

KYC is a process of actions undertaken by financial institutions to enable them to assess if a current or potential counterparty exposes them to any regulatory or reputational risk, ultimately the questions being addressed are: Who is the financial counterparty? Can I do business with them? Should I do business with them? In business, we […]
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Who is the beneficial owner?

The requirement of banks to gather additional information from legal entity (business) customers is referred to as the Certification Regarding Beneficial Owners of Legal Entity Customers, or “Beneficial Ownership”. It is aimed at helping government and law enforcement fight money laundering and terrorism by identifying exactly who benefits and controls a company. With the continuing […]
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Who is my correspondent bank?

Why do I need to know who my correspondent bank is? Over the past 30 years, the financial industry has faced many changes due to new regulations, market dynamics and the impact of significant events on the worldwide economy. Download our infographic to read more.
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Fircosoft Global WatchList® List Options

Accuity’s offering contains enhancements to major sanction lists, making it a unique offering in the marketplace. Enhancements are provided on ownership data, routing codes such as SWIFT/BIC, other local codes, location data and vessel data. It offers comprehensive coverage of PEPs containing unique identifiers for entity identification. Additionally, there are adverse media and enforcements profiles […]
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Bankers Almanac Ultimate Beneficial Ownership Data
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Ultimate Beneficial Ownership Data Fact Sheet

Get unprecedented visibility into your correspondent banking relationships with Bankers Almanac Ultimate Beneficial Ownership Data.
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