There appears to be an increase in the acceptance of scanned copies of certified documents in recent years. This is understandable as it is much faster and easier to obtain a scanned copy than waiting for the physical certified document to arrive. However, I would be inclined to think that a scanned copy of a …

Continue reading “Certified Copy vs Scanned Copy of A Certified Copy”

It is not uncommon to hear people say something along the line of “we only have wholesale clients. We don’t have to worry about AML stuff.” This article aims to bust this myth and explain how reporting entities that deal with wholesale clients arguably need to be more vigilant in carrying out their Know Your …

Continue reading “Wholesale Clients And KYC”