Guided corporate customer due diligence for UK bank compliance teams. Auto-pull from Companies House, structured EDD across 7 sections, risk scoring, AI-assisted narrative and signed PDF -- aligned to JMLSG, MLR 2017 and POCA 2002.
One click auto-populates registered name, address, incorporation date, company status and SIC codes from Companies House. SIC risk is assessed automatically.
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Complete 7 structured CDD sections
Ownership and control, risk assessment, source of funds, compliance framework, adverse information and screening -- guided by JMLSG Part 1 and MLR 2017 requirements.
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Generate AI narrative, risk rating and signed PDF
LÆdar compiles a JMLSG-aligned assessment narrative. The analyst signs, supervisor approves and a complete CDD PDF is generated for your file.
Capabilities
Built for bank-grade corporate due diligence
Companies House Integration
One-click pull auto-populates company registration data, SIC codes and officer information. Instant SIC risk classification against a curated high-risk sector database.
Dynamic EDD Modules
11 risk-triggered modules activate automatically -- PEP relationships, complex ownership structures, high-risk SIC sectors, offshore jurisdictions, adverse media and more.
Composite Risk Score
Automatically calculated composite risk score from all 7 sections -- Standard, Medium, High or Refuse. Score breakdown visible per factor with senior manager referral routing for high-risk customers.
LÆdar AI Narrative
JMLSG Part 1 and MLR 2017 aligned assessment narrative generated by LÆdar. Editable, reviewer-signed and supervisor-approved. Full audit trail in the PDF output.
JMLSG Part 1MLR 2017POCA 2002TA 2000Companies House APIFCA GuidanceFATF Recommendations
Begin your first corporate KYC review now
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Structured corporate customer due diligence guided by JMLSG, MLR 2017 and POCA 2002. Companies House data pull, risk-triggered EDD modules, AI-assisted narrative and signed PDF output.
JMLSG Part 1 Aligned
Companies House Integration
7 CDD Sections
PDF Output
Review Reference: --
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Review Progress0%
1
Section 1 of 7
Entity Identification and Data Pull
Core company identity, Companies House registration, relationship scope and initial risk appetite classification.
In Progress
Review Details
Companies House Registration
Enter the registered company number to auto-populate identity data from Companies House.
Fetching data from Companies House...
Companies House data loaded. Please verify all auto-populated fields and correct any discrepancies.
Could not retrieve data. Please check the company number and try again, or enter details manually.
Company status is not "active". Confirm the status with the customer, review the CH filing history and assess whether this is consistent with your bank's onboarding policy.
Recently incorporated company (less than 12 months old). Verify the commercial rationale for early banking activity. Request a business plan and projected financials. Consider whether enhanced due diligence is required.
Business Details
Offshore or non-standard jurisdiction identified. Verify: (1) whether the jurisdiction maintains a public beneficial ownership register; (2) FATF risk classification; (3) any applicable JMLSG high-risk jurisdiction guidance. Document rationale for the banking relationship in this jurisdiction.
FATF blacklist jurisdiction. This jurisdiction is subject to a call for action by FATF. Enhanced due diligence is mandatory under MLR 2017 Reg 33. Senior management approval must be obtained and documented before proceeding. Consider whether the relationship can be maintained at all.
Relationship Scope
GBP
GBP
Initial Risk Appetite Classification
Preliminary classification based on Section 1 data. Full composite risk score is calculated in Section 7.
Enhanced Due Diligence selected. MLR 2017 Reg 33 requires additional scrutiny of beneficial ownership, source of funds and wealth, and the purpose of the transaction or relationship. Senior management approval must be obtained and documented before onboarding. Ensure all EDD modules in Sections 2--6 are completed.
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Section 2 of 7
Ownership and Control Structure
PSC register review, UBO identification and verification, corporate layering, PEP assessment and third party reliance.
Pending
PSC Register -- Companies House
Person with Significant ControlUnder the Companies Act 2006 (as amended), most UK companies must maintain a PSC register identifying individuals or entities with significant control -- typically holding 25% or more shares, voting rights, or with the right to appoint/remove directors. The register must be kept current at Companies House. Verify accuracy against constitutional documents.
Pull the PSC register from Companies House using the company number entered in Section 1. Both active and ceased PSCs are displayed.
Fetching PSC register from Companies House...
PSC data unavailable. Please enter PSC and UBO details manually using the button below.
No active PSCs found on the Companies House register. Possible reasons: (1) the company is exempt from PSC disclosure; (2) ownership is dispersed below the 25% threshold; or (3) there is a filing discrepancy. Document the reason in the UBO completeness field below and confirm the UBO position manually.
All PSCs on the register have ceased -- no active PSCs. Review the CH filing history and establish the current beneficial ownership position. Enter current UBOs manually below.
For indirect ownership, nominees, trusts or where CH data is incomplete
UBO Completeness Check
UBO CompletenessMLR 2017 Reg 28 requires identification of all beneficial owners holding 25% or more shares or voting rights, or who otherwise exercise control. If no individual holds 25%+, identify the senior managing official as UBO of last resort (Reg 28(3)). For listed companies, simplified DD may apply.
Incomplete UBO identification. MLR 2017 Reg 28(2) requires that all beneficial owners are identified before the relationship is established. The review must not proceed to onboarding until UBO identification is complete or a senior managing official has been identified as UBO of last resort per Reg 28(3).
Corporate Ownership Structure
Complex StructuresA complex corporate structure includes: intermediate holding companies, special purpose vehicles, nominee shareholder arrangements, trust ownership, or multi-jurisdictional ownership chains. These arrangements can obscure the true beneficial owner and elevate ML/TF risk -- particularly where there is no apparent commercial rationale for the complexity.
Module Activated
Complex Corporate Structure Investigation
Activated because: complex corporate ownership structure identified. Required actions: (1) obtain a full corporate structure chart tracing ownership to ultimate individual beneficial owners; (2) verify each intermediate entity (constitutional documents, CH / foreign register confirmation); (3) assess whether the structure has legitimate commercial rationale or appears designed to obscure beneficial ownership; (4) document the analysis in Section 7.
PEP Assessment
Politically Exposed PersonsA PEP is an individual who holds, or has held within the last 12 months, a prominent public function -- including heads of state, senior government officials, senior judiciary, senior military officers, senior executives of state-owned enterprises, and senior officials of major international organisations. Close family members and known close associates are also treated as PEPs. MLR 2017 Reg 35 requires mandatory EDD for PEP relationships.
Module Activated
PEP Enhanced Due Diligence
Activated because: PEP identified among PSCs, UBOs or senior management. MLR 2017 Reg 35 requires: (1) senior management approval before establishing or continuing the relationship; (2) adequate measures to establish source of wealth and source of funds; (3) enhanced ongoing monitoring of the relationship. Document the PEP's public role, the nature of their control over this entity, and the basis for the source of wealth assessment in Sections 4 and 7.
PEP status could not be confirmed. PEP screening against a reputable database must be completed before this review can be finalised. Record the screening outcome in Section 6 (Adverse Information and Screening).
Third Party Reliance
Third Party RelianceMLR 2017 Reg 39 permits reliance on other regulated entities to apply CDD measures, but the instructing firm retains full legal responsibility for compliance. The third party must: (1) be a regulated entity established in the UK, EEA or equivalent jurisdiction; (2) have adequate AML/CFT procedures; and (3) provide a written undertaking to supply relevant CDD information on request without delay. Retain the written undertaking on file.
Module Activated
Third Party Reliance Documentation
Activated because: third party reliance declared. MLR 2017 Reg 39 requires a written undertaking from the third party confirming: (1) their regulatory status and jurisdiction; (2) that they have applied the relevant CDD measures and retained the records; (3) that they will provide the relevant CDD data and documentation on request without delay. Ensure the third party is established in an EEA state or recognised equivalent jurisdiction and retain the undertaking on the customer file.
Module 1 -- Enhanced Due Diligence
Enhanced Due Diligence (EDD)
Activated because: EDD conditions identified
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Module 2 -- PEP
PEP Enhanced Due Diligence
Activated because: PEP identified
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MLR 2017 Reg 35 -- PEPs require: (1) senior management approval (Reg 35(5)); (2) adequate measures to establish source of wealth and source of funds; (3) enhanced ongoing monitoring of the relationship.
Module 3 -- Gambling
Gambling Sector -- Licence Verification
Activated because: SIC 92000 (Gambling and betting activities) detected
0 / 4
Gambling businesses operating in Great Britain require a licence from the Gambling Commission under the Gambling Act 2005. Verify licence status directly at gamblingcommission.gov.uk. Remote gambling operators also require FCA authorisation if accepting debit cards.
Licence expiry date is in the past. Verify whether the licence has been renewed. Do not proceed until licence currency is confirmed.
Activated because: financial services SIC code detected
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Financial services firms are FCA-regulated under FSMA 2000 and subject to MLR 2017. Verify FCA registration and firm permissions directly via the FCA Financial Services Register. Consider whether reliance on the firm's own AML procedures is appropriate.
Activated because: legal or accounting sector SIC code detected
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Legal and accountancy firms are Designated Non-Financial Businesses and Professions (DNFBPs) subject to MLR 2017. They must be supervised by an approved AML supervisory body. Verify current registration status.
Module 6 -- Real Estate
Real Estate -- HMRC AML Registration
Activated because: real estate sector SIC code detected
0 / 3
Estate agents and property businesses are supervised by HMRC for AML purposes under MLR 2017. Registration with HMRC is mandatory for any firm buying or selling property. Verify registration before proceeding.
High-value properties identified. Apply enhanced source of funds scrutiny and consider whether a SAR is required. Obtain independent property valuations where possible and verify that purchase funds have been traced to their ultimate source.
Module 7 -- Charity / NPO
Charity / NPO -- Enhanced Checks
Activated because: charity or NPO sector SIC code detected
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The NPO / charity sector is identified by FATF as particularly vulnerable to terrorist financing abuse. JMLSG guidance requires enhanced scrutiny of charitable customers, including verification of Charity Commission registration, beneficial objects and income sources. Cross-border funding is a key risk indicator.
Overseas funding identified. Apply enhanced scrutiny -- obtain details of the overseas donor/grantor, verify their identity and assess whether the source is consistent with the charitable purposes. Cross-reference against OFSI/HMT sanctions lists.
Module 8 -- Crypto / VASP
Crypto / VASP -- FCA Registration Check
Activated because: crypto or virtual asset activity identified
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Crypto asset businesses operating in the UK must be registered with the FCA under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as amended. Operating without FCA registration is a criminal offence. Verify via the FCA Cryptoasset Register.
Unregistered VASP -- operating without FCA registration is a criminal offence. Do not proceed. Refer to the MLRO immediately. Consider whether a suspicious activity report is required under POCA 2002 s.330.
Privacy coins identified. These assets are specifically designed to obscure transaction trails and beneficial ownership. Apply enhanced scrutiny and obtain a full explanation of the business rationale. Consider whether this presents an unacceptable ML/TF risk.
Module 9 -- Corporate Structure
Corporate Structure -- UBO Tracing
Activated because: complex or corporate ownership structure identified
0 / 4
Where corporate entities appear in the ownership chain, you must trace through the structure to identify all individual ultimate beneficial owners (UBOs) holding 25% or more of shares or voting rights, or who otherwise exercise control. Each intermediate entity must be verified.
Structure chart not yet obtained. Do not finalise onboarding until the full ownership structure has been mapped and verified to the level of individual UBOs. Proceed with caution.
Module 10 -- Third Party Reliance
Third Party Reliance -- MLR 2017 Reg 39
Activated because: third party reliance declared in Section 2
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MLR 2017 Regulation 39 permits reliance on a third party for CDD measures subject to strict conditions: (1) the third party must be subject to equivalent AML obligations; (2) there must be a written undertaking; (3) the CDD data must be available immediately on request. Your firm remains legally responsible for compliance.
Third party does not meet the equivalence requirement. Reliance is not permissible under Reg 39. Conduct CDD independently or seek MLRO approval before proceeding.
Written undertaking not in place. Third party reliance cannot be lawfully exercised under Reg 39 without a written undertaking. Do not rely on this firm's CDD until the undertaking is obtained and retained on file.
Module 11 -- New Company
New Company -- Additional Scrutiny
Activated because: company incorporated within the last 12 months
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Companies incorporated within the last 12 months present elevated risk due to limited trading history, unverified commercial rationale and difficulty in corroborating source of funds. JMLSG guidance requires enhanced scrutiny of newly incorporated entities, particularly regarding the origin of start-up capital.
Source of start-up capital not documented. This is a key risk indicator for a newly incorporated entity. Obtain evidence before proceeding, or escalate to the MLRO with your risk assessment.
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Section 3 of 7
Screening
Sanctions, PEP and adverse media screening for the registered entity and all active PSCs / UBOs.
Pending
LÆdar Screening
Screening requirementsUnder MLR 2017 Regulation 28, relevant persons must screen customers and beneficial owners against OFSI financial sanctions lists. PEP screening and adverse media checks form required elements of customer due diligence. Results must be assessed and documented by a competent analyst before a risk decision is made. LÆdar runs the checks automatically -- the analyst must review each result and select a determination. Re-run if material new information is obtained or if the prior screening is more than 30 days old.
LÆdar screens the registered entity and all active PSCs / UBOs from Section 2 against sanctions lists, PEP databases and adverse media sources. Use the assessment dropdowns to document your determination for each result.
LÆdar is running screening checks...
Screening API unavailable. Results below are placeholders -- enter assessments manually using the dropdowns for each entity.
No entities available to screen. Complete Section 1 (Entity Identification) and Section 2 (Ownership and Control) before running screening.
Sanctions Match -- Do Not Proceed
A sanctions match has been identified. Do not proceed with this application. Escalate to the MLRO immediately. Do not tip off the customer. Record this case in the sanctions log and complete a SAR assessment as required.
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Section 4 of 7
Source of Funds and Wealth
Documentary verification of business source of funds, consistency with profile and unexplained transaction assessment.
Pending
Funds Profile
Nature and source of fundsThe JMLSG Guidance (Part 1, Chapter 5) requires that for all customers the firm understands the nature and source of funds involved in the business relationship. For higher-risk customers this must be supported by documentary evidence rather than customer declaration alone. The primary source of funds was captured in Section 1 -- this section records the character of those funds and your verification assessment.
Record the nature of funds flowing through the relationship and document the verification outcome.
Verification Assessment
Source of funds not documented. Under MLR 2017 and JMLSG guidance, adequate source of funds documentation is required. For higher-risk customers and EDD cases, onboarding must not proceed until documentary evidence has been obtained and reviewed. Obtain evidence before progressing this review.
Consistency concern identified. A divergence or uncertainty between the stated source of funds and the customer's business profile requires further investigation. Request a written explanation from the customer and document the resolution before proceeding. This factor will increase the composite risk score in Section 5.
POCA 2002 Section 330 -- Disclosure obligation. Unexplained transactions have been identified. If you know or suspect that money laundering is occurring or has occurred, you must submit a Suspicious Activity Report (SAR) to the NCA before taking further action. Do not tip off the customer. Record the NCA SAR reference below and escalate to the MLRO immediately.
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Section 5 of 7
Risk Rating
Composite risk score derived from all prior sections, risk category, triggered factor breakdown and next review date.
Pending
Composite Risk Score
Risk scoring methodologyThe composite score is derived from risk factors across all completed sections: SIC sector risk (S1), company status and age (S1), PEP exposure (S2), corporate complexity and UBO completeness (S2), screening outcomes (S3), and source of funds verification (S4). Each factor carries a weighted score. Thresholds: 0-4 LOW / 5-9 MEDIUM / 10-14 HIGH / 15+ VERY HIGH. The score informs the review cycle, CDD level and MLRO referral requirement.
The risk score is calculated automatically from the data entered across Sections 1-4. Click Recalculate after making changes to any section.
Score is calculated automatically when you navigate to this section. Recalculate after updating any prior section.
Complete Sections 1-4 and click Recalculate to generate the composite risk score.
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Section 6 of 7
MLRO and Senior Management Sign-Off
MLRO review and decision, conditions of approval, SAR assessment, and senior management sign-off for high-risk cases.
Pending
MLRO Sign-Off
MLRO sign-off requirementUnder MLR 2017 Regulation 26 and most firms' internal policy, the MLRO (or nominated deputy) must review and approve the onboarding of high-risk customers. This is mandatory for customers rated HIGH or VERY HIGH. For LOW and MEDIUM rated customers, MLRO sign-off is optional but recommended where any elevated risk factors were triggered. The MLRO must consider the full picture including screening results, source of funds and SAR obligations before issuing a decision.
MLRO sign-off requirement is determined by the risk rating from Section 5. For HIGH and VERY HIGH risk customers it is mandatory.
MLRO Review
Application declined. The customer must not be onboarded. Do not tip off the customer as to the reason for the decline if the decline relates to a suspicion of money laundering or terrorist financing -- doing so may constitute a tipping off offence under POCA 2002 Section 333A. Record the decline in the firm's refusal register. Assess whether a SAR is required.
Senior Management Sign-Off
(Required -- VERY HIGH risk)
SAR Consideration
SAR obligationsUnder POCA 2002 Section 330, a nominated officer commits an offence if they fail to disclose known or suspected money laundering in the course of a regulated business. A SAR should be filed if, after completing this review, you know or suspect that any person connected with this business relationship is engaged in money laundering. Note: POCA 2002 Section 333A makes it a criminal offence to tip off a person that a SAR has been filed or is being considered if doing so would prejudice an investigation.
POCA 2002 Section 333A -- Tipping off. A SAR is under consideration. Do not tip off the customer or any connected party. Do not disclose to the customer that a report is being considered, that an investigation is underway, or that the onboarding process has been paused for compliance reasons. Breach of Section 333A is a criminal offence carrying up to two years' imprisonment. File via NCA SARs Online before taking further action.
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Section 7 of 7
Analyst Declaration and Final Record
Analyst assessment narrative, declaration, supervisor sign-off, LÆdar AI narrative generation and PDF export.
Pending
Outstanding items before finalising:
0 / 100 characters minimum
I confirm that this review has been conducted in accordance with the firm's AML/CTF policies and procedures, the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), and applicable FCA guidance. I am satisfied that the customer due diligence measures applied are commensurate with the risk identified. Where enhanced due diligence has been applied, I confirm the additional measures are proportionate and documented. I understand that this record must be retained for a minimum of five years from the date of the business relationship ending, pursuant to MLR 2017 Regulation 40.