A lot of resources are now available at the tip of our fingers, but here are the ones we find most useful for complying with corporate KYC and having anti-money laundering provisions in place.
Overseas Registries
Link: https://www.gov.uk/government/publications/overseas-registries/overseas-registries
This page contains the most registries around the world outside the UK (inclusive of all US states). We find this useful in facilitating KYC. The introduction of this register in August 2022 has enabled lesser criminals to launder money through the UK since now overseas entities owning property in the UK will have to reveal their identities.
New Register of Overseas Entities (for the property)
Link: https://www.gov.uk/government/news/the-new-register-of-overseas-entities-is-live
This register held by the Companies House has come into force in the UK on 1 August 2022 through the new Economic Crime (Transparency and Enforcement) Act 2022.
This register helps ensure that overseas entities who are owning land or property in the UK are revealing the identity of the beneficial owners or managing officers of these lands or Properties.
Companies registry search for over 170 jurisdictions
Link: https://www.kompany.com/search
If you are looking for a search engine where you could search for a company you want to inquire about, this is our favorite.
This link provides access to:
1. Audit-proof, time stamped data from over 115 million companies,
2. Data from over 200 countries and jurisdictions
3. Business data that complies with the latest AML data requirements
4. Original Company Filings and documents that include register reports and certificates, annual accounts, articles of association and historical filings.
Free Sanctions Check
Link: https://dilisense.com/en/search/
Dilisense has come up with the best one-stop service where you can conduct sanction checks and Politically Exposed Person’s (PEP’s) screenings by diving into their search engine that gives access to a myriad of official government sources globally. All that needs to be done is a simple subscription and you are all set. Add-ons can be opted for with additional charges through which companies can apply filters and reduce duplicated search results and even false positives.
