AML, CFT, KYC, KYB & Compliance

Our software is currently undergoing security testing, do we need to contract any other testing or quality assurance firms to meet the obligations of a sponsorship agreement?

Does Faisal Khan LLC create custom AML policies?

As a sponsored party which parties do we share our customers’ KYC information with, if any?

Who will be in charge of ID verification process or KYC process? Will it be me or someone else?

Who is responsible for anti-money laundering?

What is the timeline before we can go live?

Does the Bank Account Verification also include ID verification?

Do we need to hire a full-time compliance officer?

What is a KYC and is there an API for it? Is it for the beneficiary?

Once I sign the referral agreement, what should I expect next?