Planned — subject to authorisation and implementation

KYB and KYC

Planned verification of businesses, ownership and individuals during onboarding and review.

Category

RiskOS

Availability

Planned

Delivery

Fintech Meta and/or partner

Required controls

  • Business and UBO verification
  • Individual verification where required
  • Licence and jurisdiction checks

Dependencies

  • Sanctions, PEP and adverse-media screening
  • Approval workflows

Purpose

KYB and KYC establish who a business is, who owns it and who acts for it, forming the basis of the onboarding decision.

Planned capability

Verification of business identity, ownership and individuals, plus licence and jurisdiction assessment.

Primary users

Onboarding and compliance teams.

Required controls

Business and UBO verification, individual verification where required, and licence and jurisdiction checks.

Dependencies

Depends on screening and approval workflows.

Delivery model

Expected delivery: Fintech Meta infrastructure and/or an approved specialist partner, with Fintech Meta retaining the oversight required by the final operating model.

Audit evidence

Verification records and onboarding decisions.

Regulatory considerations

Supports customer due-diligence obligations under the relevant authorisation.

Availability

Planned — subject to authorisation and implementation.