DUBLIN, IRELAND, and LONDON, UK– October 18, 2021 – Today UBO Service, the innovative Anti Money Laundering (AML) solution provider, announced they will be featuring on the Association of Chartered Certified Accountants (ACCA) technology supplier directory, providing practical Know Your Customer (KYC) onboarding software and workflow applications suitable for Accountants.
The ACCA is the world's most forward-thinking professional accountancy body. They believe that accountancy is vital for economies to grow and prosper, which is why they work all over the world to build the profession and make society fairer and more transparent.
Ben Cronin, Managing Director at UBO Service commented, “UBO Service is all about innovation, we have created a centralised directory for obliged entities like accountants to accelerate customer onboarding, due diligence, and enhanced due diligence with access to official registries, primarily sourced data, and legal declarations. Compliance begins with identifying and verifying your customers from reliable and accurate sources. It’s fantastic to be part of the ACCA technology supplier platform as they share our vision for improving transparency and adopting a risk-based approach to AML. Our solutions empower our clients to Identify & Verify (IDV) beneficial owners and directors in one centralised system for quick customer onboarding and risk mitigation."
With the UBO Service platform accountants can perform ID checks on their customers as part of their customer due diligence (CDD) and AML obligations from regulations such as the Fourth, Fifth, and Sixth Anti-Money Laundering Directives and the updated Corporate Transparency Act. We provide detailed AML reports, which can be automatically screened against PEPs and Sanctions lists ensuring you always know who you are doing business with.
UBO Service specialises in providing Know Your Customer (KYC) solutions through real-time Individual, Corporate and Ultimate Beneficial Owner (UBO) reports, helping prevent money laundering and financial crime.
Our comprehensive AML reports give you the freedom to create tailored corporate and individual identity verification reports for all your KYC requirements. Onboard customers, safely and securely by using a combination of digital, physical, and biometric technology. We offer a robust and effective means for reducing fraud and improving your customer’s digital journey all in one centralized system.
For more information about the UBO Service visit www.uboservice.com or email info@uboservice.com
The ACCA is the global body for professional accountants with over 200,000 fully qualified members and 500,000 students worldwide - and they're among the world's best-qualified and most highly sought-after accountants.
Their qualifications develop forward-thinking professionals with the financial and business skills essential for the creation of sustainable economies and flourishing societies. Every day, ACCA professional accountants support people and organisations in making sound decisions and doing the right thing. They build public trust by creating an inclusive profession with people from all backgrounds, bound by a common global code of ethics, and committed to updating their skills to meet ever-changing needs.
For more information about the ACCA visit www.accaglobal.com