Client concepts

Ownership structure mapping
Upon case creation (see Creating a case), the client’s ownership structure is visually mapped within the platform detailing (i) the client; (ii) any benefic...
Fri, 17 Mar, 2023 at 1:44 PM
Beneficial owners
First AML’s client verification process (see Client verification) involves - depending on the client type - the verification of “beneficial owners” (also re...
Fri, 17 Mar, 2023 at 2:39 PM
Source of Wealth/Funds
Where enhanced due diligence is conducted with respect to a client, First AML will collect either source of wealth or source of funds evidence. For prov...
Mon, 29 May, 2023 at 4:38 PM
Client contact
The “Client contact” is the individual specified as such by you at the time of creating a case (see Creating a case) and is the individual who will be reque...
Fri, 17 Mar, 2023 at 2:39 PM
Exempt Entities
In some circumstances, you may not be required to verify certain client entities to the usual standard due to a statutory exemption. Where the platform is a...
Fri, 17 Mar, 2023 at 2:33 PM