Compliance is a significant challenge for many companies and one of the least understood risks in running a business. The demand for compliance requirements in today’s rapidly evolving regulatory environment means that firms are increasingly looking at faster and more cost-efficient methods to comply with regulations and reduce the burden of KYC requirements.
Bolder offers a full range of compliance services, from UBO screening to full regulatory reporting in all major jurisdictions. We can ensure full compliance with local legislation and timely filing to local regulatory bodies. Compliance and KYC services are core components of the overall Bolder due diligence workflow process for various types of clients: corporates, private, investment vehicles, asset managers, brokers, art dealers, realtors and companies active in the crypto industry. To provide an efficient approach to long-term KYC sustainability, Bolder offers a tailored approach to meet individual needs, including:
- Client outreach;
- KYC health checks;
- Policy and procedure building and establishment; and
- End-to-end project management.
To ensure KYC and compliance policies are met and surpassed, Bolder has developed a KYC platform that generates insights, ensures consistency and offers full transparency through an audit trail and reporting capability. We will handle anti-money laundering back office and counter-terrorist financing work, including:
- Customer Due Diligence;
- Know Your Customer (KYC);
- Anti-Money Laundering (AML);
- Enhanced Due Diligence;
- AML Risk Analysis and Assessment;
- Verification of Customer Identification;
- Verification of Politically Exposed Persons (PEPs);
- Verification of Ultimate Beneficial Owner (UBO);
- Verification of Customer Transactions;
- Record-keeping; and
- Compliance Reporting and Notification.
AML Compliance Audits
To provide assurance to those charged with governance oversight and help with preparation for potential regulatory inspections, Bolder’s AML Compliance specialists can perform compliance reviews of corporate vehicles and management companies and provide AML compliance recommendations.
AML Policies & Procedures
Our AML Compliance specialists provide tailored AML policies and procedures for corporate vehicles and funds for their AML compliance programs.
AML Compliance calendar
Missing a filing requirement or deadline may harm the relationship between the company and regulatory bodies and potentially lead to fines and penalties being levied against your company. This could ultimately impact your bottom line, affect your ability to operate efficiently and result in penalties or sanctions. Bolder can assist with setting up and reporting through our in-house compliance calendar.
Talk to us today, so we can start maintaining your company’s sustainability through our KYC and AML services.