Podcast
Questions and Answers
What is the recommended authentication method for users?
What is the recommended authentication method for users?
- Use the MLRO approval number and CDD review
- Use the bank account number and registration date
- Use the SPC name + SP name and registration number (correct)
- Use the company name and registration number
What is the purpose of requesting proof of registration from the SP?
What is the purpose of requesting proof of registration from the SP?
- To verify the company's existence (correct)
- To verify the company's trading liquidity
- To verify the company's registration number
- To verify the company's bank account
What happens if the user's account is stolen and they want to reject the account?
What happens if the user's account is stolen and they want to reject the account?
- They can request for the Police filing receipt
- They can request to KYC0 and re-authenticate a new account (correct)
- They can consult the MLRO to see if additional documentation is required
- They can escalate the case to the compliance officer
What is the next step if the case is escalated to the compliance officer?
What is the next step if the case is escalated to the compliance officer?
What is the purpose of the Corporate Escalated Cases tracker?
What is the purpose of the Corporate Escalated Cases tracker?
What is the role of the MLRO in the registration process?
What is the role of the MLRO in the registration process?
What should be collected from key roles/interlayer companies from a restricted country?
What should be collected from key roles/interlayer companies from a restricted country?
What triggers the manual verification process by CDD agents?
What triggers the manual verification process by CDD agents?
What is the next step after ensuring no WC true hit is found and checking the company's status?
What is the next step after ensuring no WC true hit is found and checking the company's status?
What is the legal structure of a privately owned operating company?
What is the legal structure of a privately owned operating company?
What type of company is owned by a government?
What type of company is owned by a government?
What is the purpose of the flow chart in the company registration process?
What is the purpose of the flow chart in the company registration process?
What is the purpose of providing a country/region of incorporation in the company registration process?
What is the purpose of providing a country/region of incorporation in the company registration process?
What type of document is typically required as proof of address during the company registration process?
What type of document is typically required as proof of address during the company registration process?
What is the primary purpose of providing a registered address in the company registration process?
What is the primary purpose of providing a registered address in the company registration process?
In the company registration process, what is the purpose of identifying the principal place of business?
In the company registration process, what is the purpose of identifying the principal place of business?
How many times is the country/region of incorporation required to be provided in the company registration process?
How many times is the country/region of incorporation required to be provided in the company registration process?
What type of question is used to ask if the principal place of business is the same as the registered business address?
What type of question is used to ask if the principal place of business is the same as the registered business address?
