Practice management

KYC - Know your customer

With KYC (Know Your Customer), your agency can carry out risk assessments and ensure you are compliant with anti-money laundering and counter-terrorist financing rules.

The feature offers standardised templates with predefined questions to help you:

Confirm customer identity and risk profile
Making judgements based on your services and missions
Keep you updated on changes via automated register checks
Get a comprehensive overview of cases and deviations

You manage the entire process via the KYC menu option in Practice management, where you can easily see the status of all customers - from started process to completed check. Charts give a clear picture of how many KYC processes are started, ongoing and finalised.

KYC consists of two parts:

General risk assessment for your agency - (free of charge)

A comprehensive analysis of the risks in your own organisation.
Identifies and assesses potential risks
Helps you to register, manage and follow up on own deviations

Know your customer feature - (price per customer and year)

A detailed analysis of individual customers.
Creates a complete KYC report based on tasks and services
Step-by-step process from risk assessment to monitoring and reporting
Quick and automatic retrieval of verified company information
Automatic checks against PEP and sanction lists
Direct link to FipoGoAML for reporting suspicious activity

Get started with KYC

Watch this short movie (8 min) that shows you how to work on general risk assessment and start the KYC process.

Important informations

Reporting to Finanspolisen

Register an account on the Finans polisens FipoGoAML portal and select a Reporter for the agency. All reporting is anonymous. Even if you decide not to take in a customer who raises suspicions, the incident should still be reported.