PERSONALISED COMPLIANCE SOLUTIONS
S I M P L I F Y I N G C L I E N T O N B O A R D I N G
Effortless Compliance: The Smart Way to Onboard.
Whether you're a private client, a financial institution or other regulated professional, the onboarding process can feel like a maze—complicated, frustrating, and never-ending. Weeks turn into months, costs rise, opportunities slip away, and your time and resources get consumed by compliance.
Our highly skilled team simplifies the process, making it smooth and effortless for both private clients and regulated professionals. With a tailored approach, we prepare professional KYC profiles, Source of Wealth reports, Risk Assessment analysis, Rebuttal Reports and illustrated ownership structures (howsoever complicated)—handling every detail for you.
We partner with top law firms, reputation management boutiques and multinational forensic teams to support our deliverables whenever necessary.
Our detailed reports adhere to multinational standards and AML/CFT requirements, and are designed to meet the highest compliance expectations, ensuring nothing gets overlooked. We handle the paperwork, communication, and risk management—so your profile is ready to pass through any compliance gate with ease.
For financial institutions, our solution saves time and money. Reduced compliance costs, faster onboarding, and fewer rejected clients mean more focus on growing your business.
We believe compliance is no longer an obstacle—it’s an opportunity.
Trying to open a Bank Account?
If you are about to open a bank account or make an investment, acquire real estate, start naturalization process or even engage a lawyer, accountant or agent, you are about to face a burden of passing through cumbersome and lengthy formal “know-your-client” (KYC) or “customer due diligence” (CDD) compliance / onboarding process.
THE ONBOARDING
DILEMMA:
A TIME-
CONSUMING AND PAINFUL PROCESS
Costs for Banks / Financial Institutions
If you are a bank, an investment fund, legal, financial or real estate professional – your compliance costs have grown with more than 60% over the last few years and continue distract more internal resource and take more of your valuable time resulting in missed opportunities, client rejections and shrinking margins.
The process of passing KYC checks / Onboarding processes takes between 3 weeks and 6 months, depending on difficulty of the profile and the internal procedures of the counterparty. The process can be exhausting, time and efforts consuming and without any guarantee of success.
Given global economy and mobility, the ownership and operating structures of the clients become more sophisticated, multi-level, multi-jurisdictional and often untransparent.
In the era of social networks and world-web online media, the public profile of any prospective client can be distorted or misrepresented with a great level of uncertainty and limited tools to establish true facts.
Since 2022, the major countries have imposed massive and unprecedented sanctions against Russia and other regimes, some of which is extremely difficult to track.
Other than that, the risk of million (sometimes even billion) dollar regulatory fines and reputational damage for non-compliance, makes the onboarding process even more challenging than ever.
Compliance officers need to prioritize good outcomes by emphasizing the human cost of financial crime over the financial cost. Firms should also not ignore the long-term reputational effects of widely-publicized fines and enforcement actions.
Effortless Client Onboarding:
Our Tailored Approach
This failure rate and risks can be substantially reduced and the chances of successful banking or other professional relationship, realization of investment opportunities, or migration to a new place can be significantly improved if your profile is prepared and presented considering:
Regulations
Local and internationally adopted regulations (such as AML/CFT)
Requirements
International requirements, guidance and recommendations (such as FATF, Basel Committee, Egmont Group, Wolfsberg Group, OECD etc)
Compliance
Established compliance practices of international banks and other regulated organizations
Risk Assessment
Comprehensive risk assessment, scoring and mitigation
The Kuts & Co Solution
Preliminary assessment of the profile.
Preparation of a professional KYC / compliance profile, including:
-
Personal Profile
-
Source of Wealth Report
-
Illustrated ownership and operational structure
-
Net Worth Statement & Breakdown
-
Sanctions & Political Exposure
-
Negative Publicity Assessment & Rebuttal Report
-
Necessary ID and sufficient supporting documentation
Professional, “one point of contact” communication with bankers and other counterparties on your behalf.
Preliminary Assessment and KYC Profile
Based on the preliminary assessment, we will develop and deliver a personal compliance profile in accordance with the international standards in the form of a detailed, perfectly structured and illustrated presentation report in English and other required languages accompanied by all necessary supporting documentation.
-
Complete biography of the client and family members
-
History of capital formation and origin of funds
-
History of the formation and rationale of the business structure
-
Key projects and transactions
-
Key personal assets
-
Net worth statement and breakdown
-
Citizenship, residence permits in other countries, tax residency
-
Political exposure and historical or current associations with the governmental authorities (“PEP” Status)
-
Presence of criminal records, significant lawsuits
-
International sanctions and restrictions
-
Negative public media assessment and rebuttal
-
Affiliation or other relationships with undesirable persons
-
The rationale and logic behind certain transactions and steps that may potentially attract increased attention from a compliance perspective
-
Formation of a set of necessary identification and supporting documents (properly certified and translated where necessary) that will include all the necessary information, documents and explanations which are generally required by compliance specialists in any organisation
“It takes one to know one”
Being certified AML/compliance professionals with 20+ years of diversified experience in multiple jurisdictions, Kuts & Co speaks the same language with your bankers, lawyers, auditors, brokers, external compliance officers and understand their internal risk management processes covered from the outside eye.
Do your business, we do your compliance.
For Professionals
KUTS & CO can work with your current clients or prospects to prepare their profiles for a smooth and efficient handling by your compliance department. Numerous business opportunities may be saved or created by adding professional compliance preparation.
Do your banking or investment fund business, and we will do your compliance.
Ready to start your compliance journey?
Whether you're a private client or a financial institution, our solution saves time and money. Reduced compliance costs, faster onboarding, and fewer rejected clients mean more focus on growing your business.
For inquiries or consultations, please don't hesitate to get in touch.