âLloydâs is regulated by the Financial Services Authority and thereby we are committed to upholding and promoting the highest standards of ethical and responsible business,â said Andrew Wragg, Senior Manager, International Market Access at Lloydâs. âWorld-Checkâs service provides risk information in a consolidated manner and we are confident that we are effectively mitigating risk in order to ensure compliance, prevent illegal activity and protect our reputation.â
World-Check has been at the forefront of Politically Exposed Persons research and KYC intelligence since its establishment in 2000, and as such has taken the lead in providing the global financial services industry with unequalled risk relevant intelligence. Presently, more than 18,000 compliance and legal professionals worldwide rely on World-Check to perform their duties and functions.
âOur aim is to provide the financial services industry with a comprehensive solution that allows for instant access to relevant KYC and PEP informationâ said David Leppan, World-Check founder and CEO. â"Not only can this service assist Lloydâs in conducting a thorough and internationally recognized due diligence practice, but it frees compliance and management from reputational and business risk issues so they can focus on building business relationships."