Regulatory Excellence
& Compliance Standards
We maintain the highest standards of regulatory compliance and risk management, ensuring every transaction meets international banking and anti-money laundering requirements.
Our Regulatory Standards
We adhere to the most stringent international compliance standards to protect our clients and maintain the integrity of the global financial system.
Anti-Money Laundering (AML)
Comprehensive AML policies and procedures in accordance with international standards and Islands regulations.
We maintain robust systems to detect, prevent, and report suspicious activities. Our AML framework includes customer screening, transaction monitoring, and regular compliance audits.
Key Requirements:
- Customer Due Diligence (CDD)
- Enhanced Due Diligence (EDD)
- Ongoing monitoring
- Suspicious activity reporting
Know Your Customer (KYC)
Rigorous customer identification and verification processes to ensure compliance with international banking standards.
Our KYC procedures meet the highest international standards, including FATF recommendations and local regulatory requirements.
Key Requirements:
- Identity verification
- Business registration documents
- Source of funds documentation
- Beneficial ownership disclosure
Sanctions Compliance
Real-time screening against international sanctions lists including UN, OFAC, EU, and other global watchlists.
Automated screening systems ensure all transactions are checked against the latest sanctions lists before processing.
Key Requirements:
- OFAC screening
- UN sanctions check
- EU sanctions compliance
- Local sanctions verification
Data Protection & Privacy
Strict data protection protocols ensuring client information security and regulatory compliance.
Bank-grade security measures protect all client data with encryption, access controls, and regular security audits.
Key Requirements:
- Data encryption
- Access control systems
- Regular security audits
- Privacy policy compliance
Required Documentation
To ensure compliance with international banking standards, we require specific documentation based on your client category.
Individual Clients
Required Documents:
- Valid passport or national ID
- Proof of address (utility bill, bank statement)
- Source of funds documentation
- Professional references
- Bank statements (last 6 months)
Corporate Clients
Required Documents:
- Certificate of incorporation
- Memorandum and articles of association
- Board resolution authorizing transaction
- Beneficial ownership information
- Audited financial statements
- Directors' identification documents
Financial Institutions
Required Documents:
- Banking license
- Regulatory approvals
- Correspondent banking agreements
- Compliance certifications
- Risk assessment documentation
Our Certifications
We maintain active certifications and licenses from leading regulatory bodies and international standards organizations.
Islands Monetary Authority (CIMA)
Licensed and regulated by CIMA for financial services operations
ISO 27001 Information Security
International standard for information security management systems
SWIFT Compliance
Certified for SWIFT network operations and messaging standards
FATF Compliance
Full compliance with Financial Action Task Force recommendations
Important Compliance Notice
All clients must complete our KYC and AML verification process before any financial instruments can be issued. This process typically takes 2-5 business days depending on the complexity of the documentation provided.
We reserve the right to request additional documentation or clarification at any time to ensure full regulatory compliance. Incomplete or insufficient documentation may result in processing delays or transaction rejection.
Ready to Begin Your Compliance Process?
Our compliance team is ready to guide you through the KYC and documentation process. Get started today with a confidential consultation.