Amendments to Know Your Customer (KYC) compliance legislation, and especially those pertaining to Anti Money Laundering Legislation (AML) and Anti Funding of Terrorism (ATF) considerations, saw pre-2001 guidelines being turned into mandatory obligations. The introduction of the risk-based approach to due diligence, the enforcement of ongoing client and transactional filtering requirements and the increased scrutiny of Politically Exposed Persons (PEPs) are all hallmark features of this new compliance era.

These new legislations have made the compliance obligations of anyone involved in financial services including, trust companies, company secrretaries and administrators, accountants and lawyers much more onerous.

CorpRecordPro enables you to keep records of details of and meetings with all potential, rejected and accepted clients in one place.

Once clients are accepted there is a full entity database to record all trust and corporate data in relation to each clients activities.