Learn the Easy Way to Determine Who Are You Doing Business With
Melinda Smith May, 2017
A comprehensive guide to business verification and ultimate beneficial owners (UBOs)
Learn the importance of verifying the identity of businesses that you interact with, and how advancements in digital technologies and virtual data sets can assist in solving verification challenges.
Know Your Business (KYB) and UBO identification are currently arduous, but the regulatory and internal business mandates for detailed due diligence aren't going away. Emerging eIDV solutions are a critical tool for businesses looking to navigate an increasingly globally connected and regulatory complex business environment.
Moreover, insufficient KYB policies and procedures could result in irreversible brand and reputational damage, as well as potential regulatory fines.
Who Are You Doing Business With? is a free whitepaper that helps you understand:
What is Due Diligence, its challenges, and why is it necessary
Global regulatory trends
Repercussions of non-compliance
How to perform Business Verification and identify UBOs