AML/KYC Due Diligence
Achieve regulatory and compliance initiatives, anticipate requirement updates, mitigate risk, and augment existing compliance programs with improved monitoring and reporting that will integrate seamlessly into your existing processes.
- U.S. Bank Secrecy Act Compliance
- U.S. PATRIOT ACT, Title III Compliance
- Financial Action Task Force (FATF) Recommendations
- Ultimate Beneficial Ownership Requirements
Work with experts versed in the nuances of commercial and retail banks, investment banks, virtual currency exchanges, real estate firms, and other regulated institutions to comply with the U.S. and international regulations.
An online poker company needed to conduct KYC due diligence on a Chinese individual who registered for several online poker platforms and was flagged for suspicious activity.
U.S. Public Records searches did not reveal high-risk activity associated with the subject, so our analysts applied open source research methods using the subject’s English name along with their age, and places of residency. This led analysts to discover the individual’s Chinese name spelling. We then searched Chinese-language media and news using this information which led analysts to uncover high-risk details about them.
Because of Prescient’s in-depth open source and public records research, the company was presented with a more detailed picture of the subject’s background and financial assets. They were then able to make a more informed decision about the risks posed by the customer.
Prescient’s AML/KYC Due Diligence service supports a variety of clients that require deeper insights to clarify risks and opportunities. We proudly serve the following clients and welcome inquiries across all industries.
- Banking & Capital Markets
- Investment Management
- Real Estate
How It Works
When you expect accurate and timely results, you’ll get them. We won’t bog you down with endless details and irrelevant fluff. Save time and energy with our Bottom-Line-Up-Front approach that presents quick-hit insights at the beginning of your reports, so you can quickly understand business risks.
Meet Your Expert
John Kula, CFE
Practice Lead | Due Diligence