Compliance Requirements

As a regulated financial services platform, FinHub requires all tenants to meet specific compliance requirements before accessing the platform.

Required Compliance Documentation

1. Anti-Money Laundering (AML) Policy

Your AML policy should include:

• Customer due diligence procedures
• Transaction monitoring processes
• Suspicious activity reporting procedures
• Record-keeping requirements
• Staff training programs

2. Know Your Customer (KYC) Procedures

Document your KYC procedures covering:

• Customer identification requirements
• Verification methods and data sources
• Risk-based approach to customer due diligence
• Enhanced due diligence for high-risk customers
• Ongoing monitoring procedures

3. Risk Assessment Framework

Provide your risk assessment framework including:

• Risk categorization methodology
• Customer risk scoring criteria
• Geographic risk factors
• Product/service risk assessment
• Periodic review procedures

Compliance Review Process

Regulatory Considerations

Depending on your business model and jurisdiction, you may need:

• Financial Services License: If operating as a regulated entity
• Data Protection Registration: GDPR compliance for EU operations
• PCI DSS Compliance: For card-related operations
• Local Regulatory Approvals: Country-specific requirements

Ongoing Compliance

After registration, tenants must:

• Maintain updated compliance documentation
• Report material changes to FinHub
• Participate in periodic compliance reviews
• Complete required training programs

Next Steps