Due Diligence Procedures

Due Diligence Overview

Introduction to CARF due diligence requirements for crypto companies.

Self-Certification Guide

How to collect and validate self-certification forms from users.

TIN Validation

Requirements for collecting and validating taxpayer identification numbers.

Customer Identification

Procedures for verifying customer identity under CARF.

Pre-Existing Accounts

Transition procedures for users onboarded before CARF implementation.

Entity Classification

How to classify business entities for CARF reporting purposes.

Controlling Persons

Identifying and reporting beneficial owners of entities.

Due Diligence for Entities

Special requirements for business and institutional accounts.

Change in Circumstances

Handling updates to customer tax residency information.

Multi-Jurisdiction Due Diligence

Managing customers with tax obligations in multiple countries.

AML-CARF Integration

Combining anti-money laundering and CARF compliance processes.

Due Diligence Automation

Technology solutions for streamlining CARF compliance.

Documentation Requirements

Record-keeping obligations for CARF compliance.

User Experience Best Practices

Minimizing friction in the customer onboarding process.

Remediation Strategies

Addressing gaps in existing customer data.