AML/CFT & KYC screening · Luxembourg
The question is no longer whether the checks apply. It's whether you can evidence them.
KYCTech is MAQIT's AML/CFT and KYC screening platform, built by our advisory team. Screening, monitoring, and the whole due diligence file, in one place, and exportable the moment anyone asks.
10 days. No contract. No card.
Why would you be interested?
AML and KYC are increasingly a necessity for most companies, whatever the industry.
Across Europe and much of the world, AML directives have extended customer due diligence duties well beyond banks. And where the law stops, banks and investors increasingly require documented KYC anyway.
Notaries
Real estate
Corporate service providers
Accountants
Car dealers
Art dealers
... and more each year
Compliance doesn't need to be complicated, or a burden. Applied well, it becomes a catalyst for growth.
What happens if you do nothing?
The risk isn't the regulation. It's the day you can't prove you followed it.
When a supervisor or an auditor asks for your due diligence file, "we checked" is not an answer. If there's no record, as far as they're concerned the check never happened.
-
Your reputation: Being linked to a sanctioned client or a money-laundering case stays with your name long after any fine is paid. Clients, partners and banks remember.
-
Sanctions and publication: Fines, public reprimands and, in serious cases, limits on your activity. Many supervisors publish their decisions.
-
Personal exposure: Managers and compliance officers can be held personally accountable, not only the company.
-
No evidence, no defence: A check that was done but not recorded counts for nothing in an inspection. Missing dates, scan history or source records turn good practice into a finding.
-
Lost business: Banks close accounts, investors pull out of deals, and larger clients drop suppliers who can't show documented KYC.
It is with this in mind that we built KYCTech. Every scan, decision and document is timestamped and exportable, so when someone says "show me", it takes minutes, not weeks.
Introducing KYCTech
Everything you need, in one place
Built by MAQIT's own AML/CFT advisory team, the people who draft the policies this platform runs.
Screening
Real-time against enforcement, sanctions, adverse-media and PEP sources across 1,250+ lists.
Monitoring
Automated re-screening daily, weekly, monthly or quarterly, your choice, per client.
Risk Matrix
Country activity and fiscal risk, scored by business line.
AML Folder
Documents scan history and source records, stored and exportable.
Support
MAQIT's AML/CFT advisers, when a match needs judgement.
Thanks to KYCTech
Four problems are no longer present:
Screening in seconds, not an afternoon
One name checked against enforcement, sanctions, adverse-media and PEP sources across more than 1,250 lists, returned as a single result showing what matched and what needs a decision.
One folder per client, with the full history
Identification documents, corporate records and every scan ever run, searchable, one click from a match through to the source record behind it, and exportable when someone asks for it.
Re-screening that runs on a schedule
Set daily, weekly, monthly or quarterly per client. A change in someone's status reaches you when it happens, not at the next annual review.
Advisers, not just a helpdesk
When a match needs judgement rather than a tool, MAQIT's AML/CFT team is on the other end of it, the same people who draft policies, run remediation and sit through inspections.