How many UBOs can an entity have?

Key terms are explained in our Glossary section.

At XXImo, Know Your Customer (KYC) is a due diligence concept that focuses on the verification of legal entities (companies) that purchase the regulated services.

At XXImo, Know Your Business" (KYB) is a due diligence concept based on compliance requirements that focuses on knowing legal entities as counter-parties. In other words, our KYB process focuses on screening our partners, service providers, suppliers etc.