Customers expect to open an account in minutes. Regulators expect you to know who they are. Your KYC program has to deliver both.
We review your customer risk-rating methodology, due diligence and enhanced due diligence, beneficial ownership checks, PEP handling, periodic reviews, and digital onboarding through Nafath against SAMA requirements, and we test a sample of customer files to see how the policy works in practice.
You receive a clear view of where the program is strong, where files fall short, and how to fix both.
Why it matters
Customer risk-rating methodology
CDD/EDD file testing
Beneficial ownership and PEP controls
Periodic review cycle
How the engagement runs
- 1ReviewPolicies, risk rating and onboarding journeys
- 2TestSample of customer files across segments
- 3AssessGaps in CDD, EDD, ownership and PEP controls
- 4PlanProgram fixes and file remediation plan
What you receive
- KYC program assessment report
- Risk-rating model recommendations
- Remediation plan for customer files
Questions
Do you cover corporate customers?
Yes, including beneficial ownership and complex structures.
Can you help remediate files?
Yes. We can design and run a file remediation program after the review.
