A real estate brokerage is onboarding new clients for property purchases and needs to ensure compliance with AML regulations.
Use of aml.plus:
KYC Process: The brokerage initiates the Know Your Customer (KYC) process by sending digital forms to new clients. This gathers essential information about the clients’ identities, sources of funds, and risk profiles.
Remote Identification: Clients complete their identification remotely via aml.plus, reducing the need for physical meetings and expediting the onboarding process.
Sanctions Screening: Once client data is collected, the brokerage uses aml.plus to screen clients against multiple sanctions lists, including those binding on Latvia, the EU, UN, OFAC, and UK, ensuring compliance with AML regulations.
Media Analysis: The brokerage utilizes aml.plus media analysis capabilities to scan news articles, social media, and other sources for any negative mentions or reputational risks associated with new clients, ensuring a thorough risk assessment.
English 
Latvian 
Russian 
Greek