Verification
Verified once, properly.
Identity, ownership and authority checked to the full standard, without asking you for anything twice.
What we check
Before any mandate moves.
The Money Laundering Regulations 2017 set the floor. The desk works above it.
- The entityLegal name, registration, registered address and standing, checked against the company registry and the legal entity identifier where one exists.
- Who owns and controls itEvery person holding a quarter or more, or control by other means, aggregated across the structure, with the fifty per cent ownership test applied for sanctions.
- Who may commit itThe people who can sign for your firm, and the limits of their authority, written into the mandate your firm issues.
- Where the money comes fromA plain account of the source of funds for the transaction, proportionate to its size.
- Political exposure and sanctionsScreened at onboarding and continuously while any transaction is open, for every party, vessel and aircraft in it.
- Counterparties and assetsThe other side of the transaction, the vessel or aircraft, and the registry or lien position of the asset, before anything is signed.
For members
Verification is completed once, in your account, and held in Frankfurt under the retention the law requires.