The Markaaz business identity platform helps businesses comply with several critical regulations, including anti-money laundering (AML) and Know Your Business (KYB) rules.
With real-time alerts, Markaaz AML and KYB compliance services check against global directories, including Office of Foreign Assets Control (OFAC), UK HM Treasury (HMT), UN Security Council, EU sanctions, and politically exposed persons (PEPs) lists daily.
The U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), Financial Action Task Force (FATF), EU, the UK, and other jurisdictions are enacting stricter KYB requirements. Entering into contracts with non-AML-compliant companies may unknowingly facilitate money laundering or criminal financing.
Markaaz’s advanced compliance solutions ensure all regulatory bases are covered, and that your business remains updated as regulations evolve.