Operational safeguards
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.
UIF monitoring
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.
VASP register
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.
