Solutions › Regulatory Requirements
Financial intermediaries are subject to increasing due diligence requirements combating money laundering, corruption and the financing of terrorism.
Identification procedures need to be applied for all client relationships; financial intermediaries must define criteria and use them to identify and flag all existing business relationships involving higher legal and reputational risk.
Enhanced due diligence is required for higher risk business relationships or transactions, through information obtained from the contracting partner, the beneficial owner or other trustworthy individuals, through the consultation of publicly accessible sources and databases or through investigations delegated to third parties.
Services and products of Info4C support banks and other financial intermediaries to comply with the above provisions and with other legal and regulatory requirements, acting discreetly and with high professional and security standards.
