Due Diligence & KYC
The US Securities Act, the Foreign Corrupt Practices Act (FCPA) as well as the rules defined by the SEC and many other national or international defined regulations (e.g. The British Bribery Act 2010, German Money Laundering Law) require companies not only to base their own activities on these laws, but also to ensure that their business partners act in accordance with these regulations.
Often key persons at management level do not follow these rules with the necessary diligence or are only insufficiently familiar with the, sometimes, very critical rules. Especially KYC is often still seen as a chore and a time-consuming task.
ARROWS Consulting is familiar with these laws down to the smallest detail.
Know Your Customer (KYC), Due Diligence or the 360 ° are tools that we master perfectly and can therefore give our customers the security of not only minimizing risks but also being able to provide documentation that demonstrates a legally compliant course of action. Together with Insiders Corp. we carry out stress tests to check existing due diligence or KYC regulations for their effectiveness.