KNOW YOUR BUSINESS PARTNER
The acronym KYC has entered the legal dictionary as an initialism of "know your customer/client", used as a guideline in financial services requiring that professionals periodically verify the identity of a customer or client as well as the legitimacy or viability of their financial operations. It has become a cornerstone of anti-money laundering compliance.
To "know your customer" has become a legal obligation for companies required by law to proceed to a screening of their customer and the intended transactions. However, the KYC function has per se advantages for the company that carries on this process amounts, in short, to assess the customer risk.
We believe that legal advice on business matters should not avoid resorting to similar processes but intended to "know your business partner". Therefore, drawing on past professional experience, we offer our clients information and data compiled from the best Brazilian sources of macro-economic, industry and corporate profile and risk analysis.
Based on these data and information our clients will be better equipped to take business decisions and at the same time to better comply with AML compliance legal requirements.
We do not simply provide these data and information in English or French, but we add our comments on their meaning in terms of legal risks from a perspective of Brazilian authorities and courts.
The client may also have full access to the original reports in Portuguese, including graphics etc., directly from the sources of these data and information and, as the case may be, to contract on-demand analysis on specific industries or companies.
We believe that legal advice shall, as far as possible, extend to knowledge that allows companies to make sound and ground decisions which otherwise would have not only financial or reputational consequences, but also potential legal repercussions.