CONCEPT Compliance LBA-AML is gradually gaining ground in the market.

AN INTEGRATED PRODUCT & INTEGRABLE

It can be used independently or integrated with CONCEPT products :

• CONCEPT Family Office version Multi Family (MFO) and Single Family (SFO)
• CONCEPT Independent Assets Managers version “Single” or “Multi databases”, platform facilitating the grouping of independent managers
• CONCEPT Trustee^TM

MODULES INCLUDED IN THE BASE PRODUCT

• Counttries (Country risks evaluation  / Internal rating – (Swiss = LBA-AML)
• Contract of mandate
• Identification of beneficial owners / control holder
• Description of economic background (Origin of funds, client declarations, etc.)
• Définition of bank relations  (Banks, Account numbers, Initial estimated amounts, etc.)
• Définition of stakeholders linked to the clients  (Directors, Proxies, Settlors, Trustees, etc.)
• Additional input  of shareholders & external participations (allowing their integration to the organisation chart)
• Information on tax compliance (Tax domicile, Client declarations, Tax status, Search for indicias, etc.)

OPTIONNAL MODULES

• DIAGNOSTIC COMPLIANCE (Data controls, Expiry dates, Missing documents, etc. )
• ESTIMATING OF CUSTOMER RISK  (SWISS = LBA- AML) (Consideration of countries risk and other indicias allowing to detect increased risk criteria)
• ORGANISATION CHART (Support to the identification of complex structures)
• Identification of criteria  FATCA US & other legislations (CRS)
• MONITORING OF RISK TRANSACTIONS (Transactions controls (amounts, frequencies, …))  – Manual or automatic controls using  CONCEPT Processus – see www.cpsltd.ch/processus
• AUDIT TRAIL (Timestamp and control  of creations. modifications, deletions, etc.)
• INTERFACES: WORLDCHECK, FACTIVA, etc..