At the outset of a new transaction or business relationship Notaries and legal practitioners are obliged to perform customer due diligence checks on the parties they are offering their service to.
Small Notary and legal firms may consider the costs of implementing and maintaining AML processes prohibitive for the size of their practice.
StartKYC addresses this problem through its "easy to subscribe to" and affordable packages or through its bespoke solutions that can be tailored for the more mature firms. Contact us for further info.