For companies that run a risk of money laundering and / or financing terrorism, the standards are laid down in the Wwft, bailiffs in the Bailiffs Act apply and the police, intelligence and security services have their own specific legislation.
With the UDB portal, financial service providers are better able to perform their “gatekeepers” function. The Risk & Compliance employee can determine the risk profile “in no time” and spend his valuable time on high-risk customer requests.
Based on input of personal or company data, the system can consult all relevant (public) registers within a few seconds and report in detail.
The information can be included directly in the client file in the context of the CDD (Customer Due Diligence) procedure.
UDB has developed a public-private partnership (PPP) and multichannel portal that manages a virtual data pool of various information sources.
This portal offers maximum coverage of relevant, recent and historical facts.
As crime does not stop at national borders, UDB has a cross-border solution and at the same time sources are consulted internationally and fed back as a whole.
The system is accessible in real time and data is available in the current modern languages.
As the only distributor of information in the Netherlands, UDB has obtained from the official registers an almost unlimited user license for this purpose, whereby up to 25 years of history can be consulted.
The conditions differ per register.
Because of our virtual structure and low-profile media policy UDB is able to focus fully on delivering high quality data, continuity and security.
Universal Databrokers B.V. offers its services in accordance with the
General Data Protection Regulation (AVG) and Wwft article 10.