UK Company Experts is a trading name of Seven Oak Prestige Ltd, a company registered in England and Wales.
- Company Registration Number: 16903092
- ICO Registration Number: ZC181349
- Registered Office: 124 City Road, London EC1V 2NX, United Kingdom
- Email: info@ukcompanyexperts.co.uk
1. Introduction
UK Company Experts is committed to maintaining the highest standards of integrity, transparency and compliance in all of its business activities.
This Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy explains the measures we take to help prevent money laundering, terrorist financing, fraud, identity theft and other financial crime.
We are committed to conducting business responsibly and, where applicable, complying with relevant UK legislation, regulatory requirements and recognised industry best practices.
2. Our Commitment
We are committed to:
- Conducting business with honesty and integrity.
- Identifying and verifying our clients where appropriate.
- Assessing the level of risk associated with each business relationship.
- Preventing our services from being used for unlawful purposes.
- Maintaining appropriate client due diligence procedures.
- Protecting the reputation of our business.
- Cooperating with competent authorities where legally required.
We reserve the right to refuse, suspend or terminate any service where we are unable to satisfy our compliance requirements.
3. Purpose of Our AML & KYC Procedures
Our procedures are designed to help us:
- Verify the identity of our clients.
- Confirm the legitimacy of business activities.
- Understand the purpose of the business relationship.
- Reduce the risk of fraud and financial crime.
- Identify potentially high-risk transactions or clients.
- Comply with legal and regulatory obligations where applicable.
4. Customer Identification
Before providing certain services, we may request information to verify a client’s identity.
Depending on the nature of the service, this may include:
Personal Information
- Full legal name
- Date of birth
- Nationality
- Residential address
- Email address
- Telephone number
Identity Documents
We may request one or more of the following:
- Passport
- National identity card
- Driving licence
- Biometric residence permit (where applicable)
- Other government-issued photographic identification
Proof of Address
Where appropriate, we may request:
- Bank statement
- Utility bill
- Government correspondence
- Council tax statement
- Other acceptable proof of residential address
Documents must be genuine, valid, legible and unaltered.
5. Business Verification
Where our services relate to a company or other business entity, we may request information including:
- Company name
- Company registration number
- Registered office address
- Nature of business
- Directors
- Shareholders
- Persons with Significant Control (PSCs)
- Business website
- Trading activities
- Expected transaction profile
Additional information may be requested where reasonably required.
6. Risk-Based Approach
We apply a risk-based approach to customer due diligence.
Factors that may increase the level of review include:
- Complex ownership structures.
- High-value transactions.
- International business activities.
- High-risk jurisdictions.
- Businesses operating in higher-risk sectors.
- Inconsistent information.
- Previous compliance concerns.
- Requests involving unusual transaction patterns.
Higher-risk cases may require additional verification before services can proceed.
7. Source of Funds and Source of Wealth
Where appropriate, we may request information regarding:
- The origin of funds used for our services.
- The source of wealth supporting the business.
- Business income.
- Employment income.
- Investment income.
- Sale of assets.
- Other lawful sources of funds.
Supporting documentation may be requested where necessary.
8. Politically Exposed Persons (PEPs) and Sanctions
Where appropriate, we may carry out checks to determine whether a client is:
- A Politically Exposed Person (PEP).
- A family member or close associate of a PEP.
- Subject to financial sanctions.
- Listed on applicable sanctions lists.
Being identified as a PEP does not automatically prevent us from providing services.
However, enhanced due diligence may be required before services can proceed.
9. Ongoing Monitoring
Compliance does not end once a client has been onboarded.
Where appropriate, we may:
- Review client information periodically.
- Request updated identification documents.
- Confirm continued business activity.
- Review changes in ownership or management.
- Request additional documentation where circumstances change.
Failure to provide requested information may affect our ability to continue providing services.
10. Refusal or Termination of Services
We reserve the right to refuse or discontinue services where:
- Identity cannot be satisfactorily verified.
- Documents appear false, altered or misleading.
- Information provided is inconsistent.
- Required documentation is not supplied.
- We believe the business presents an unacceptable compliance risk.
- We suspect fraud, financial crime or other unlawful activity.
- Continuing the relationship would conflict with our legal or regulatory obligations.
Where legally permitted, we may decline to explain the reasons for certain compliance decisions.
11. Record Keeping
We maintain appropriate records relating to customer due diligence and compliance activities.
Records may include:
- Identification documents.
- Proof of address.
- Business information.
- Compliance assessments.
- Correspondence.
- Transaction records relating to our services.
- Internal compliance notes.
Records are retained securely for the period required by applicable law or our internal compliance procedures.
12. Confidentiality
All information obtained during customer due diligence is handled confidentially and processed in accordance with our Privacy Policy and applicable data protection legislation.
Information will only be shared where:
- Required by law.
- Required by a competent authority.
- Necessary for identity verification.
- Necessary to provide our services.
- Authorised by the client.
We do not sell personal information.
13. Fraud Prevention
We actively monitor for indicators of fraud and misuse of our services.
Examples include:
- False identity documents.
- Stolen identities.
- Misrepresentation of business activities.
- False addresses.
- Forged documentation.
- Attempts to conceal beneficial ownership.
- Unusual or suspicious behaviour during onboarding.
Where concerns arise, additional verification may be required before services continue.
14. Client Responsibilities
Clients are expected to:
- Provide accurate and truthful information.
- Supply requested documentation promptly.
- Notify us of significant changes to their information.
- Cooperate with reasonable compliance requests.
- Use our services only for lawful purposes.
Providing false or misleading information may result in refusal or termination of our services.
15. Policy Review
We regularly review this AML & KYC Policy to ensure it remains appropriate for our business, reflects changes in applicable laws and supports recognised compliance best practices.
The latest version published on our website replaces all previous versions.
16. Contact Us
If you have any questions regarding this AML & KYC Policy or our compliance procedures, please contact us.
UK Company Experts
A trading name of Seven Oak Prestige Ltd
Company Registration Number: 16903092
ICO Registration Number: ZC181349
Registered Office:
124 City Road
London EC1V 2NX
United Kingdom
Email: info@ukcompanyexperts.co.uk