CASE STUDY #6

OUR CLIENT

Multi-National USA PATRIOT Act Review for Major Financial Services Firm

Pursuant to the USA PATRIOT Act and other regulations, the financial institution desired to have background checks performed on its existing customers and several proposed customers.

OUR PART

UHY Advisors team members were retained to review the backgrounds of many significant potential and current international clients. Investigations required gathering background and source-of-funding information from many countries including England, South Korea, Germany, Australia, Chile, Switzerland, Singapore and Poland. Of particular interest was whether any of the clients’ funds could be traced to known terrorist organizations or individuals.

END RESULT

UHY Advisors team members determined that all existing clients and all proposed clients were completely legitimate. Our client was able to continue transacting business with its current customers and to develop new business relationships with the potential customers in question.