Ultimate Beneficial Ownership (UBO) – AML & CFT Compliance
GlobalCIS® has removed the complexity and high costs involved for financial institutions and major corporations associated with evaluating and implementing Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance incorporating UBO and KYC reports.
When under review by AML / CFT enforcement authorities, the ability to produce evidence of compliance becomes exceptionally important.
Without the ability for auditors and AML supervisors to ensure total global compliance, corporations remain exposed to the risk of serious fines by the authorities who enforce AML / CFT laws.
For enforcement authorities, if the process of compliance is not precisely recorded and per the respective guideline format and content, compliance has not been adequately achieved.
Board members and senior management need access to an efficient and document compliance provider. As a world industry leader, GlobalCIS® has both the experience and UBO / KYC products that will ensure uniform compliance on a worldwide basis is achieved cost-effectively and problem-free.