Source of Funds & AML Compliance
Source of Funds & AML Compliance
The revised CIIP requires transparent KYC and AML compliance:
- Due diligence includes criminal background checks, source-of-funds verification, and INTERPOL screening.
- Virtual oaths and remote financial monitoring apply.
- Crypto-based wealth is accepted if fully documented and liquidated. Recent regulation mandates direct deposits into government accounts.
.png)
.png)