5 Steps to Customer Due Diligence
Stages of Money Laundering: A Practical Example
Customer Due Diligence (CDD) has become an essential part of running a business today. The Internet is an indispensable tool for getting your name out in the world of commerce and customers may come from any corner of the world and never even meet you. This is why it is important to know who you […]
Should I do business with a PEP?
In today’s world, procedures relating to anti-money laundering have become part and parcel with correct and careful business practice. According to a study conducted by the United Nations Office on Drugs and Crime, it is estimated that, in 2009, proceeds generated by drug trafficking and organised crimes amounted to 3.6% of the global GDP, with […]
8 tips for PEP dealings I am at a client meeting explaining how StartKYC can increase the efficiency of the customer due diligence process. I reach the PEP (Politically Exposed Person) topic and the client stops me midway to ask a question which seems to have been nagging him for a long time “Can I […]