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United Kingdom
01 Mar 2015 (11 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Passfort
Company Information
Get to know Passfort
Founded in 2015, Passfort provides a comprehensive platform for regulated businesses to automate and manage their compliance workflows for Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML). The platform orchestrates data from multiple providers to streamline customer onboarding, risk monitoring, and due diligence, reducing manual work and ensuring regulatory adherence. In December 2021, Passfort was acquired by Moody's and now operates as a Moody's Analytics company, integrating its capabilities into Moody's broader suite of KYC and compliance solutions.
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