How does Mobiloan remain compliant to FIC rules?
#fica-compliance
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Last updated
#fica-compliance
Last updated
Mobiloan complies with the FIC Act by implementing an integrated Client Due Diligence (CDD) process within the Loan Origination Workflow. This inlcudes:
Generating CDD/KYC Reports: Reports are automatically created based on RMCP (Risk Management and Compliance Program) settings.
TFS List Checks: Real-time screening of clients against the FIC's Targeted Financial Sanctions (TFS) database to identify sanctioned individuals.
Risk Assessments: Comprehensive evaluations using a decision matrix based on CDD findings.
For specific details, click on the link below:
