Compliance
Maritime KYC
Identity verification practices that help transaction teams know who they are dealing with.
Know-your-customer procedures establish confidence in the people and entities participating in a transaction. Requirements vary by risk, jurisdiction and regulated status; a platform workflow does not replace legal obligations.
Verify people and authority
Collect and validate identity information for relevant natural persons, including authorized signers and beneficial owners where appropriate. Verify that a signer can bind the stated entity and that names match payment and contract records.
Apply a risk-based approach. Higher-risk structures, unusual payment patterns, politically exposed persons or inconsistent information warrant enhanced review and documented escalation.
Keep screening current
Identity work should be complete before sensitive actions such as signing or releasing funds, but it may need refreshing if parties, ownership or payment instructions change.
Limit access to personal data, record consent and retention decisions, and make sure reviewers can explain why a case was approved, rejected or escalated.
Buyer checklist
- Identify parties, signers and relevant beneficial owners.
- Verify identity documents and signing authority.
- Compare names with contracts and payment details.
- Apply enhanced review to risk indicators.
- Document decisions and protect personal data.
Put the plan into a controlled workflow
Create a transaction to coordinate parties, documents, diligence and closing milestones, or explore the marketplace with your broker.
Related guidance
Maritime KYB
Business verification for owners, operators, brokers and transaction counterparties.
AML and Sanctions Screening
Risk-based controls for parties, vessels, cargoes, payments and maritime activity.
Marine Deal Management
An operating model for coordinating buyers, sellers, brokers and advisers through a marine transaction.