Financial crime is a significant social threat and a constant concern for financial institutions and money service businesses. Two of the most prominent financial crimes are 'Money Laundering' and 'Terrorist Financing.' Banks face millions of Pounds in penalties due to any lapse in implementing Anti-Money...
What is Wealth? By text definition wealth is measured by the value of your assets such as your business, cash, houses, paintings, money in the bank, value of shares, bonds, etc. However, in reality wealth could be a number of different things. For most of us when we...
Legal Entity Identifier or LEI was introduced after the global financial crisis in 2008. It came into effect on 3rd January 2018 under the MiFID II directive. The aim was that all participants in the financial system would be identifiable to facilitate monitoring of worldwide...
What is VAT Number A Value Added a Tax-registered number is a unique number issued to businesses that are registered to pay VAT.Value Added Tax (VAT) is a percentage(20%) added to goods and services charged to consumers and businesses that other businesses registered for VAT can...
Have you ever wondered the credibility of a person? When he or she claims to be a company's so and so.The Companies House Service (CHS) in the UK helps you to check all this information.They help you with authentic search free of cost. You can...
A stock is a type of security that signifies proportionate ownership in the issuing corporation. This entitles the stockholder to that proportion of the corporation's assets and earnings.Shares, provide one with ownership of a company partly. Companies issue shares to raise money. Investors buy shares...
What is KYC Lookup KYC Lookup is a search engine to help AML or KYC analysts of all levels of expertise to find essential information and documentation on customers, funds, and stocks from around the globe to analyze and derive meaning out of it.KYC Lookup was...
Legal Entity Identifier The Legal Entity Identifier (LEI) is a unique global identifier of legal entities participating in financial transactions. They could be individuals, businesses or government organizations that engage in a financial transaction.The identifier is a 20-character, alpha-numeric code based on the ISO 17442 standard....
The commercial transaction lifecycle is complicated and, in today’s digitized world, the old styles require a large amount of manual processing.While there are many opportunities in the global market, there also exists a big chance to leverage automation. For example, the entity identity verification technology...
What is an Online Company Search An online company search provides all the details to stakeholders or investors required to invest smartly without being duped or cheated.The search provides essential information about the company profile and business profile. One can also obtain details about the business,...
