AGS’ intelligence expertise is applied across numerous industry sectors to assist in their regulatory and statutory compliance needs. We provide tools including screening services for Know Your Customer (KYC) and Know Your Employee (KYE) as required under anti money-laundering regulations, while merger and acquisition (M&A) due diligence is also a mainstay of AGS’ compliance offering; buyers and sellers in corporate transactions need to know every asset and liability in their portfolio. AGS’ compliance product offers reassurance and certainty.
AGS Risk Solutions’ expertise is applied across numerous industry sectors to assist in their regulatory and statutory compliance needs. At the core of AGS' compliance product offering is Know your Customer (KYC) and Know your Employee (KYE) investigatory services.
Our ‘Identification Verification’ system is registered with the FSA as an approved system for the electronic verification of identification.
Delivered through AGS’ integrated approach of comprehensive global data mining technology and field force investigation, we help customers manage their compliance with UK legislation, namely;
- Terrorism Act 2000
- Anti-terrorism, Crime and Security Act 2001
- Proceeds of Crime Act 2002
- Serious Organised Crime and Police Act 2005
KYC is a due diligence regulation that regulated companies must perform to identify their clients and ascertain relevant information pertinent to doing business with them.
Employee screening
Employee involvement in financial crime is estimated to cost the UK economy £20bn per year and one of AGS' fastest developing service areas is Know Your Employee (KYE), which prevents financial loss and damage to reputation with pre and post employment screening.
Employers have a legal obligation to identify employees and establish their right to work in the UK. This service applies for temporary employees, contractors and any other third party that the employer would need to screen.
AGS' screening services can be tailored to fulfil the specific requirements of an employer and we adopt a flexible approach to provide different levels of pre and post employment screening based on the regulatory and business needs of your organisation.
M&A due diligence
AGS has extensive knowledge of M&A due diligence both pre and post deal, having worked on projects ranging from small business acquisitions, up to £1bn transactions.
Our bespoke approach uncovers relevant data for buyers and sellers, as well as financial administrators marking out a clear picture of a company's assets and liabilities.