Customer Due Diligence (KYC)

Why is Customer Due Diligence Necessary?

As global regulations on anti-money laundering and counter-terrorism financing become increasingly stringent, and geopolitical tensions lead many countries to impose sanctions on specific nations or entities, financial institutions, professional service providers, and various industries need to ensure compliance with new laws and regulations to avoid legal risks.

Conducting Customer Due Diligence (KYC) helps identify and mitigate risks associated with customers, including money laundering, terrorism financing, and other criminal activities, as well as the risks related to politically exposed persons (PEPs) and their associates.

Accolade provides effective KYC procedures to protect your business and ensure compliance with relevant regulations and laws.

Our Professional Client Base

We serve a wide range of professional clients, encompassing banking, insurance companies, and corporate secretarial services. We possess an in-depth understanding of the unique needs of clients across these diverse sectors. For example, banking clients prioritize anti-money laundering compliance, insurance companies emphasize risk assessment, and corporate secretaries focus on corporate governance and regulatory compliance.

Tailored service solutions are developed based on the specific circumstances of each client, ensuring our services not only meet their needs but also enhance efficiency, mitigate risks, and facilitate the achievement of business objectives. We also offer these clients highly competitive pricing.