URL: /baas/api/getting-started/compliance-requirements

---
title: 'Compliance Requirements'
description: 'Compliance documentation required for FinHub tenant registration'
---

# 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

| Stage | Duration | Activities |
|-------|----------|------------|
| Document Submission | Day 1 | Submit all required documents |
| Initial Review | Days 2-3 | Completeness check |
| Detailed Assessment | Days 4-7 | Compliance team review |
| Clarifications | If needed | Address any questions |
| Approval | Final | Compliance sign-off |

## 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

<CardGroup cols={2}>
  <Card title="Select Products" icon="cube" href="/baas/api/getting-started/selecting-products">
    Choose your FinHub products
  </Card>
  <Card title="Receive Credentials" icon="key" href="/baas/api/getting-started/receiving-credentials">
    Get your API access
  </Card>
</CardGroup>