- All we need is our CEO, a compliance officer, and an office located in the EU (possible). Am I correct? Are the compliance officer + the office required to be based in the license holder’s country?
- As a sponsored party which parties do we share our customers’ KYC information with, if any?
- Because it is the fastest way in terms of cost/benefit/time, you make contact with a Bank or an MSB company, which allows us to operate a digital remittance platform? And, do you also provide the legal compliance service?
- Can we use our own KYC vendor to build our app using BaaS or RaaS?
- Do we need to have a compliance officer?
- Do we need to hire a full-time compliance officer?
- Does Faisal Khan LLC create custom AML policies?
- Does Faisal Khan offer compliance management? I’m not sure how this works in America, but in the United Kingdom, sometimes the license consulting company is also the Chief Compliance Officer.
- From what we understand and know, there should be a person/company in the US who provides services on legal compliance issues. Do you include this service with the indicated monthly price?
- If we opt for API only, will KYC/AML service continue to be provided by the PLH? Please confirm.
- Is it required to register our company with FinCen? Despite not touching the funds, we have no intention of opening an account in the US, our tax address is in Ecuador.
- Is there a global standard for a compliance manual?
- Should we hire a compliance officer?
- What is Feipiao and how does it work?
- What is Feipiao?
- What is Hawala and How Does it Work?
- What is Hawala Money?
- What is Hawala or Hundi?
- What is Know Your Transaction (KYT)?
- What is the difference between flying cash and paper money?
- What is the difference between Hawala and Hundi?
- What type of financial institution will you introduce us to?
- What would be considered a nested transaction for cross border money transfer?
- What would be some red flags for a KYB audit?
- When Should We Hire a Compliance Officer
- Who is responsible for anti-money laundering?
- Why is a nested transaction in the banking world a high risk transaction?
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This page was last updated on December 2, 2024.
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