KYC, AML & CTF
CheckSig performs know-your-client (KYC) due diligence, at client onboarding and continuously. The anti-money laundering (AML) and countering terrorist financing (CTF) functions are reported directly to the Board of Directors.
CheckSig complies with articles 33, 35, and 47 of decreto legislativo 231/2007; and is part of the Infostat-UIF (Bank of Italy Financial Information Unit) system for AML (Anti Money Laundering), and suspicious transaction reports.
The MEF decree of January 13 2022 has established a virtual asset service providers (VASP) register at OAM (Organismo per la gestione degli elenchi degli Agenti in attività finanziaria e dei Mediatori creditizi). CheckSig has applied to OAM and is ready to enlist in the forthcoming VASP register.
Legal & Compliance
CheckSig legal and compliance office assesses the main non-compliance risks and defines policies and procedures. It performs periodic audits and implements corrections when needed.