KYC - Know Your Customer

Do you know who you are doing business with?

Are you confident that the source of their funds is legitimate?

Can you demonstrate that you have followed the required procedures?

If the answer to any of these is "no" then you will be exposing not only your company, but also yourself, to civil or even criminal liability.

Performed properly, KYC checks are a costly and time-consuming exercise. That's why clients choose to outsource their checks to TRS. Not only can we significantly streamline your costs but we can also enable you to ship a large portion of risk.

Our procedures are designed and operated by barristers, all of whom are experts in regulatory law. We use the latest software to that enables us to access 15,000 independent news databases, 120 million global public and private company records, global lists of politically exposed persons and 130 financial report and director databases around the world. In cases where funds emanate from non-UK or EU equivalent jurisdictions or where electronic records are not maintained, TRS will make contact with the host jurisdiction and obtain the necessary documentary evidence.

We have particular expertise in dealing with Politically Exposed Persons and other high risk individuals wherever they are in the world.

At the end of the process, clients receive counsel's written opinion which we believe affords clients the highest level of protection and assurance available anywhere.