KYC Checker

1Case

2Individuals

3Risk Assessment

CDD Form

Case Reference*

Entity Name*

Former Names (if any)

Incorporation/ Registration Number*

Entity Type

Country of Incorporation

Country

Date of Incorporation

MM slash DD slash YYYY

Contact Number

Entity Registered Address

Is the entity an agent?

Yes

Nature of Business

Nature of Services Provided

Formation of corporations or other legal persons

Acting, or arranging for another person to act as director or secretary of a corporation.

Acting, or arranging for another person to act as a partner of a partnership.

Acting, or arranging for another person to act in a position similar to the above in relation to other legal persons.

Providing a registered office, business address or correspondence or administrative address or other related services.

Acting, or arranging for another person to act, as a shareholder on behalf of any corporation other than one whose securities are listed on a securities exchange under section 2(1) or recognized securities exchange under section 283(1) of the Securities and Futures Act.

Buying and selling of real estates.

Managing of client money, securities or other assets.

Management of bank, savings or securities accounts.

Organisation of contributions for the creation, operation or management of companies.

Buying and selling of business entities.

Case Comment

Individuals

Name	Nationality / Country of origin	Position	Actions

There are no Individuals.

Maximum number of individuals reached.

Client's Risk Factors

Weightage

Is this an existing customer?

Yes

N.A.

10%

Is the customer a public company listed on a stock exchange and subject to disclosure requirements?

Yes

N.A.

10%

Is the customer a legal person or an entity that that can hold assets in its own name?

Yes

N.A.

Does the customer use nominee director(s) or shareholder(s)?

Yes

N.A.

Is the customer's business cash-intensive?

Yes

N.A.

10%

Does the customer frequently make unaccounted cash transactions to similar recipient(s)?

Yes

N.A.

10%

Does the proposed directors/partners/shareholders have prior criminal convictions involving fraud or dishonesty?

Yes

N.A.

10%

Is any of the customer, beneficial owner or its agent a politically exposed person?

Yes

N.A.

10%

Are the customer's company accounts updated?

Yes

N.A.

Does the customer's shareholders and/or directors frequently change, and the changes are unaccounted for?

Yes

N.A.

10%

Is there any problem obtaining evidence of identification from the customer for both the customer and beneficiary owner(s); and/or is the documentation found to be unsatisfactory?

Yes

N.A.

Is the customer a charitable or non-profit organisation that is not registered in Singapore (chanties.gov.sg/charrty/index.do)?

Yes

N.A.

Does the client appear to be a shell company?

Yes

N.A.

Overall Score: 0%

Country/Territory Risk Factors

Weightage

Is the customer connected to or transacting with a country or a territory that is identified as not having adequate anti-money laundering or counter financing terrorism measures?

Yes

N.A.

20%

Is the customer connected to or transacting with a country or a territory that is identified to having significant levels of corruption or other criminal activity?

Yes

N.A.

20%

Is the customer connected to or transacting with a country or a territory that is sanctioned by a regulatory body, such as the United Nations (UN)?

Yes

N.A.

20%

Is the customer connected to or transacting with a country or a territory that is identified to be funding or supporting terrorist activities or that have designated terrorist organisations operating within their territories?

Yes

N.A.

20%

Is the customer/client connected to or transaction with a company or a territory in relation to which the FATF has called for countermeasures?

Yes

N.A.

20%

Overall Score: 0%

Services/ Transactions Risk Factors

Weightage

Has the customer given any instruction to perform a transaction (which may include cash) anonymously?

Yes

N.A.

15%

Has the customer transferred any funds without the provision of underlying services or transactions?

Yes

N.A.

15%

Are there unusual patterns of transactions that have no apparent economic purpose or cash payments that are large in amount, in which disbursement would have been normally made by other modes of payment (such as cheque, bank drafts etc.)?

Yes

N.A.

15%

Are there unaccounted payments received from unknown or unassociated third parties for services and/or transactions provided by the customer?

Yes

N.A.

15%

Is there instruction from the customer to incorporate shell companies with nominee shareholder(s) and/or director(s)?

Yes

N.A.

10%

Does the customer purchase companies or business entities that have no obvious commercial purpose?

Yes

N.A.

10%

Are there business relationships that were established, or transactions performed without any physical meeting?

Yes

N.A.

Is there any divergence in the type, volume or frequency of services and/or transactions expected in the course of the business relationship with the customer?

Yes

N.A.

Are the transactions required by the customer/clients inconsitent with the professional intermediaries knowledge on the customer/client's risk profile and nature of business?

Yes

N.A.

10%

Overall Score: 0%

System Recommendation : 0%

Customer Risk Rating

Low

Medium

High

Recommendation for Acceptance of Customer

Recommended

Not Recommended

Name of recommending officer

Signature

Approval for Acceptance of Customer

Approved

Not Approved

Name of approving officer

Signature

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