Regulatory Compliance

Update Country Risk Index

Would you like to get an overview of the risk assessment of a specific country with just one click? Together with KYC Spider, MME regularly publishes an updated country risk index.

The country risk index provides you with a geographical overview of the risk assessment of numerous jurisdictions with regard to money laundering risks and shows which business relationships with business partners in the respective jurisdictions might require increased attention. The list is regularly checked and updated with several official sources. In order to evaluate the risk classes, various money laundering, tax and transparency standards are analysed. In addition, the most important sanctions lists are regularly reviewed.

With the growth of business relations in the area of digital assets, a country risk assessment for transactions or services with cryptocurrencies and other digital assets is increasingly important for business partners. The country risk index now also offers an additional risk assessment for business relationships involving digital assets. This will provide you with a consolidated overview of the traditional risk assessments as well as the new geographical risk criterias and assessments relevant for digital assets.

The Country Risk List and many other tools can be found in the KYC Toolbox from KYC Spider. The KYC Toolbox 4.0 is an online toolbox for compliance that you can use yourself. For simple, intelligent and secure personal and company audits as well as for risk assessment of your existing business partners.

MME is one of the leading legal and consulting firms for Fintech companies in Switzerland. In cooperation with KYC Spider, MME offers regulatory support and the necessary tools for companies to comply with AML & KYC regulations.

To the KYC Spider Toolbox and further information on how to access the country risk index. 

Are you interested in a checklist, that explains the steps to a successful SRO membership? You can download a checklist by clicking the button below:

MME-Checklist-Successful-admission-to-SRO-membership

September 2020 | Author: Dschamila Jäggin

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