Financial Services Investigations
NFC provides comprehensive due diligence investigations to countless clients in the financial services industry.
NFC provides due diligence reports to various financial services clients to assist with numerous compliance requirements and to help our clients truly know their customers.
We provide capabilities both domestically and internationally in over 150 countries, but we specialize in Enhanced Due Diligence in emerging markets around the world.
Whether it is a Financial Services Authority that regulates the financial industry in a particular jurisdiction or a mid-sized bank seeking to stay in compliance with various KYC, BSA, and US PATRIOT ACT requirements, NFC is able to tailor a report to meet our client’s specific needs and level of risk. In our thirty-plus-year history of providing comprehensive due diligence, our clients have included private equity firms, hedge funds, banks, ministries of finance, money exchange businesses, insurance, investment banks, wealth management firms, and others.
NFC can assist with correspondent banking due diligence, exception processing, and various regulatory requirements. We custom tailor our reports to meet the budgetary needs of each client as well as their level of risk. NFC can assist financial services clients with Know Your Customer (KYC), enhanced Know Your Customer, and Know Your Customer source of wealth requirements in both the United States and internationally. Financial institutions must implement a Customer Identification Program (CIP) to (1) verify the identity of any person opening an account, (2) maintain records of the information used to verify the person’s identity, and (3) determine whether the person appears on any list of known or suspected terrorists or terrorist organizations.