KCP services

KCP is ready for organisations that need and want to screen their business relationships for integrity. KCP is a independent company and applies best in class methods to perform analyses efficiently and with high quality

Integrity investigation

We analyse your business relationships for integrity and advise on the risks. Integrity investigations include CDD/KYC investigations according to international AML legislation. KCP supervises both projects and Business As Usual. Our professionals have the required knowledge, experience and project management expertise. KCP has now reviewed many hundreds of thousands of client files.

What is the added value?

  • Risk analyses with guaranteed quality
  • Reducing compliance risks
  • Strengthen control and improve supervisor and customer satisfaction
  • Guarding against reputational risk
  • Efficiency with better results within budget and deadline

As a knowledge centre, KCP has this expertise in-house. For an appointment, contact us at info@kcprof.nl.

Case: bank with corporate customers

Challenge:

A reputable financial institution was struggling with arrears in its customer due diligence (CDD) files of its wholesale clients. It had decentralised the CDD work to its account managers since they were closest to their clients. The problem was that her account managers were not aware of the latest developments in CDD, and had insufficient motivation for this 'bureaucratic work'. As a result, they did insufficient research in public sources and did not record enough on file.

Solution:

KCP examined the portfolio in parts, with clear deadlines for each part. Our experts placed the results and requests for additional information directly and clearly with the account managers, allowing the files to be put in order on time. Katrien's team thinks well and understands where our problems lie. We are very satisfied with the quality of service, both in terms of content and compliance. CDD project manager of a large international bank

Case: brokerage

A real estate agent regularly feels the need to conduct an in-depth investigation of a buyer or seller. We provide her with a comprehensive research report that examines the direct and indirect activities and relationships of the buyer or seller, and includes all risks. The reports contain all the elements we need. We are happy that we now have a picture of the risks. This has made us a lot more cautious about who we want to do business with.

Consultancy

Advice based on best practices

Our consultants advise clients on CDD processes and implementation, compliance policies, investigation methods and automation. As an external knowledge centre, we are abreast of the latest best practices.

What does consultancy involve?

  • Gap-analysis of existing policies in relation to best practice-policy
  • Advising on cost and efficiency of existing process and organisation
  • Advice on tooling and automation of processes
  • Advising on risk analysis of complex international structures with trusts, foundations, nominee shareholders and complex ownership relationships

For an appointment on consulting issues, contact us at info@kcprof.nl

Case: bank with corporate customers

Challenge:

A compliance officer at a financial institution wanted to compare the internal CDD procedures with the (international) standard to make sure that the organisation was not doing too little (or too much) risk screening. She also wanted to see the efficiency of the process due to rising costs.

Solution:

Based on an analysis of the existing CDD policy, KCP made recommendations regarding the risk factors (business activities, countries, etc), the information used and the control points during the process. We also identified costs and contributed to an efficiency drive by centralising certain tasks.

Transaction monitoring

Transaction monitoring consists first of all of identifying and creating transaction profiles. These transaction profiles need to be drawn up in great detail to monitor transactions. Transactions are monitored (automatically and manually) for risks to prevent reputational damage.

What does transaction monitoring involve?

  • Advising on automated screening and pattern recognition per customer
  • Setting up transaction profiles - Identifying future transactions and analysing risks
  • Monitoring transactions- Determining whether they are in line with the transactions
  • Assessing higher-risk transactions

For an appointment on transaction monitoring, contact us at info@kcprof.nl

Case: Transaction monitoring

A trust office was told by its regulator that its Transaction Monitoring had deficiencies. KCP then created transaction profiles for each client based on historical transactions and agreements. Transactions are automatically compared with the profiles via a transaction monitoring tool, and those that "fall out" are manually reviewed and assessed for risk by KCP, and submitted to account managers.

KCP put our transaction monitoring in order with its expertise and professionalism. We therefore highly recommend KCP.

Training

Specialising in training courses that bring and keep our clients' knowledge up to date. KCP offers training courses, webinars, master classes and basic and advanced courses specialising in CDD and compliance. Training courses are tailored to our client's needs and specific requirements. This way, you bring and keep your employees' knowledge up-to-date in the field of integrity.

Training programmes on offer:

  • Basic CDD training
  • Master CDD programme
  • Trust training
  • Front office training

 

KCP is an official vocational training provider and registered in the CRKBO (Central Register for Short Professional Education). For more information on KCP's training offer, please contact us at info@kcprof.nl.

Testimonial
We are very satisfied with the quality of the surveys and with the time it leaves us for our other work.
Corporate bank
Account manager

KCP's type of clients

KCP is ready for organisations that need and want to screen their business relationships for integrity.

Customers

Banks

Depending on the compliance policy and risk findings, we examine the bank's customer, its activities and income. If it is a company, we also test directors and ultimate beneficial owners (UBOs). We screen for sanction lists, politically exposed persons (PEPs), bad press and, if necessary, also on relationships and related activities. 

Customers

Trust offices

Trust offices need to conduct rigorous and thorough investigations. KCP assists the client manager with the executive tasks by deploying senior CDD professionals with extensive compliance experience. KCP ensures that filings and integrity risks are acceptable so that reviews by the Compliance Officer, Auditor and DNB are no longer a concern.

Customers

Advocacy

We advise and conduct client investigations for lawyers providing services covered by the WWFT. This includes advice on buying and selling companies and registered property. By outsourcing meticulous client investigations to KCP, lawyers can focus entirely on assisting their clients. 

Customers

Real estate agents

Commercial property brokers are subject to the WWFT and must carry out client due diligence. We ensure that brokers manage their risks and comply with legal requirements. By performing their client due diligence for them, we enable them to focus on their commercial activities