Most Requested
Anti Money Laundering Training
High Profile & Complex Cases
Money Laundering & Terrorism
Asset Tracing Services
Know Your Customer Services
New
AML Presentation Slides
Proximal Consulting Brochure
Due Diligence Country Reports
Background Checks Introduction
Selected White Papers
Organized Crime In Russia
Terrorist Funding Is Not Money
Laundering
The Dominion Of Melchizedek
Procedures & Controls To Stop
Money Laundering
Newsletters & Bulletins
Subscribe To Our Newsletter
Read The Latest Issue
Newsletter Archive
Page 1 // Page 2 //
Due Diligence Background Reports Introduction 
How to really know your customer and avoid regulatory issues and legal action against you.
The global legal and regulatory regimes place an increasing onus on all types of organizations to carry out Know Your Customer (KYC) checks prior to establishing any business or financial relationship. Thus the need to verify and validate new business or customer contacts has never been more paramount. Prior to establishing a business relationship you need to establish whether your prospective partner - whether it is a company or individual - is providing you with full and accurate information. More importantly you need to confirm that you are not becoming involved in a money laundering scheme or being associated with organized criminal activity.
One of our core business areas is providing global due diligence background reports that are structured to provide focused intelligence in a cost efficient manner structured to your individual needs. More importantly, our many years of experience in this field ensure that the legal and regulatory obligations of our clients in regard to due diligence are met. We ensure that you, as our client, are not exposed to reputational, operational, legal or concentration risks.
Utilizing comprehensive research facilities, local contacts and world-wide associates working to tried and tested methodologies we supply the intelligence you need so that you can maximize the business opportunities available whilst avoiding previously hidden risks. We aim to go behind the information provided to uncover the true facts, thus providing the comfort and reassurance you need before establishing a new business or customer relationship. We seek to confirm the bona fides and probity of your prospective customer – or uncover the truth behind the false information that you have been given.
One important facet of this research is the bespoke databases we have created cataloguing and detailing information and intelligence covering both general and specific money laundering/organized criminal activity.
We are particularly adept at providing background information on the following types of subjects:
• High net worth individuals and/or associated corporate entities
• Politically exposed/connected persons
This is particularly relevant if you are, for example, working in a private banking or law firm environment.
Our reporting aims to:
• Validate the address and other details provided by the subject thus ensuring that basic KYC checks are carried out
• Detail general intelligence on the status of the subject and source of funds, enabling you to evaluate the suitability of the person/company
• Establish whether any links exist between your customer and money laundering, organized criminal or fraudulent activity
As we realize that whilst it is vital to carry out KYC due diligence checks we also appreciate that such checks must be cost effective. Thus we provide these services on a fixed price basis for each report commissioned.
Proximal Consulting
2 Pelham Court, London Road, Marlborough, Wiltshire, SN8 2AG
Rue Du Rhone 14, 1204 Geneva, Switzerland
