KYB stands for Know Your Business. It is a process that businesses undertake to verify the identity of their corporate clients, understand their ownership structure, and assess the risks associated with engaging in business with them.

Our platform delivers live information, enabling you to stay ahead of the curve. With timely insights at your fingertips, you can meet compliance and make informed decisions about your company clients.

You can order comprehensive UK and international business checks with real-time business data extracted from commercial registers worldwide.

From the moment you submit your request to receiving the report, our efficient system ensures speedy completion of checks. The results are presented in an easily readable report, consolidating all the essential information you need.

Live data means accessing the most recent and accurate data from official sources, such as commercial registers and government databases, to ensure the information you have is up to date. Live data in KYB allows you to download reports instantly stay, identifying risk and recent changes from automated ‘live’ reports, such as company’s ownership structure and key individuals (UBO reports), financial history, and compliance risks.

In some regions, getting real-time information about businesses can be difficult because the data isn’t well recorded or accessible.

A UBO report refers to an Ultimate Beneficial Owner report. It provides information on the individuals who ultimately own or control a company. UBO reports are crucial in identifying the key decision-makers and understanding the ownership structure of a business.

Sanctions are measures imposed by governments or international bodies to restrict business activities with certain individuals, organisations, or countries due to legal, political, or security reasons. Including sanctions screening in company checks helps ensure compliance with regulations and avoids engaging with restricted entities.

Yes, Company Checks can include international businesses. International KYB checks allow businesses to verify the details and compliance status of companies operating in different countries, enabling a comprehensive understanding of their global business partners.

Company Checks play a vital role in AML compliance for businesses. By verifying corporate clients, conducting UBO reports, and screening for sanctions, businesses can identify and mitigate the risk of money laundering activities, ensuring compliance with AML regulations.

The timeframe for receiving Company Check results can vary depending on the complexity of the checks and the availability of data. With efficient platforms and services, it is possible to receive results within minutes or hours for many routine checks.

The requirement for Company Checks may vary depending on factors such as industry regulations, anti-money laundering laws, and the nature of business relationships. However, in the legal and financial sector, especially where a financial transaction is being undertaken, conducting thorough due diligence is mandatory and highly recommended to mitigate risks and ensure compliance.

The Concierge Service is an enhanced offering by Verify 365 that provides a custom and detailed report for businesses operating in jurisdictions where live data may not be readily available. It goes beyond traditional checks to gather comprehensive information on companies, including UBO verification, company summaries, PEPs and sanctions screening, and official document verification.

The Concierge Service is especially valuable in jurisdictions where live data isn’t easily accessible or well-recorded. These are typically countries where business information systems may be less developed, making it challenging to obtain up-to-date and reliable data.

Yes, Verify 365’s Concierge Service focuses on gathering the most accurate and current information possible through thorough research and verification processes. While it may not provide real-time live data, it ensures a detailed and reliable understanding of the company’s information and compliance status through Verify 365 KYB Analyst.

The timeframe for delivering the custom report may vary depending on the complexity of the research required and the availability of data. However, the goal is to provide the comprehensive report in a timely manner, ensuring that it meets your compliance and decision-making timelines.

KYB Company Checks

North America Countries:

• Canada: KYB Company Checks in Canada
• United States of America: KYB Company Checks in the United States of America

Australia:

• Australia: KYB Company Checks in Australia
• New Zealand: KYB Company Checks in New Zealand

Asian Countries:

• Cambodia: KYB Company Checks in Cambodia
• China: KYB Company Checks in China
• Hong Kong: KYB Company Checks in Hong Kong
• India: KYB Company Checks in India
• Indonesia: KYB Company Checks in Indonesia
• Japan: KYB Company Checks in Japan
• Kyrgyzstan: KYB Company Checks in Kyrgyzstan
• Malaysia: KYB Company Checks in Malaysia
• Russia: KYB Company Checks in Russia
• Singapore: KYB Company Checks in Singapore

European Countries:

• Austria: KYB Company Checks in Austria
• Belarus: KYB Company Checks in Belarus
• Belgium: KYB Company Checks in Belgium
• Bulgaria: KYB Company Checks in Bulgaria
• Croatia: KYB Company Checks in Croatia
• Cyprus: KYB Company Checks in Cyprus
• Czech Republic: KYB Company Checks in the Czech Republic
• Denmark: KYB Company Checks in Denmark
• Estonia: KYB Company Checks in Estonia
• Finland: KYB Company Checks in Finland
• France: KYB Company Checks in France
• Germany: KYB Company Checks in Germany
• Gibraltar: KYB Company Checks in Gibraltar
• Greece: KYB Company Checks in Greece
• Guernsey: KYB Company Checks in Guernsey
• Hungary: KYB Company Checks in Hungary
• Ireland: KYB Company Checks in Ireland
• Italy: KYB Company Checks in Italy
• Jersey: KYB Company Checks in Jersey
• Kosovo: KYB Company Checks in Kosovo
• Latvia: KYB Company Checks in Latvia
• Lithuania: KYB Company Checks in Lithuania
• Luxembourg: KYB Company Checks in Luxembourg
• Malta: KYB Company Checks in Malta
• Montenegro: KYB Company Checks in Montenegro
• Netherlands: KYB Company Checks in the Netherlands
• Norway: KYB Company Checks in Norway
• Poland: KYB Company Checks in Poland
• Romania: KYB Company Checks in Romania
• Serbia: KYB Company Checks in Serbia
• Slovakia: KYB Company Checks in Slovakia
• Spain: KYB Company Checks in Spain
• Sweden: KYB Company Checks in Sweden
• Switzerland: KYB Company Checks in Switzerland
• Ukraine: KYB Company Checks in Ukraine
• United Kingdom: KYB Company Checks in the United Kingdom