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AML & COMPLIANCE ADVISORY

KYC & Due Diligence Support

Professional, accurate, and FTA-compliant solutions optimized specifically for your KYC & Due Diligence Support requirements in the UAE.

100%
Client Verification
UBO
Identification
Risk-Based
Approach
Audit
Ready Files

KYC & Due Diligence Support

Knowing your customer is the first line of defense against financial crime. Fincore designs and implements practical Customer Due Diligence (CDD) procedures and Ultimate Beneficial Ownership (UBO) checks.

Our KYC frameworks are built on a risk-based approach tailored to UAE expectations, ensuring you collect the right documentation, apply enhanced due diligence on higher-risk clients, and maintain records that withstand regulatory scrutiny.

Comprehensive KYC Frameworks

Protecting your business from illicit financial flows.

01

Customer Onboarding Procedures

Developing standardized KYC forms and onboarding checklists to ensure consistent data collection across all new clients.

02

UBO Identification

Implementing processes to drill down through complex corporate structures to identify and verify the true Ultimate Beneficial Owners.

03

Enhanced Due Diligence (EDD)

Creating specific, rigorous workflows for high-risk clients, including source of wealth verification and senior management approval protocols.

04

Ongoing Monitoring

Setting up periodic review cycles to ensure client KYC files are kept up-to-date throughout the business relationship.

KYC Deliverables

Standardizing your client intake.

Customized KYC/CDD Policy & Procedures.
Client Onboarding Checklists and Questionnaires.
Risk Profiling Matrix (Low, Medium, High).

KYC & Due Diligence FAQs

Find answers to the most common questions about our KYC & Due Diligence Support services in the UAE.

What is the difference between CDD and EDD?+
Customer Due Diligence (CDD) is the standard verification applied to most clients. Enhanced Due Diligence (EDD) applies extra scrutiny and verification for clients deemed high-risk (e.g., PEPs or those from high-risk jurisdictions).
How long must we keep KYC records?+
Under UAE AML laws, all CDD records, account files, and business correspondence must be retained for at least five years after the business relationship has ended.
Who is considered a UBO?+
A UBO is generally any natural person who ultimately owns or controls 25% or more of a company's shares or voting rights, or exercises ultimate control over the management.
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