Welcome to Caresso KYC -
our free AML/CDD/CFT
Because knowledge is power, we also offer all of our valued affiliates an un-restricted, fully digital and online, AML/CDD service - Caresso KYC.
Add your new and existing clients to our AML/CDD/CFT engine by following the instructions on your Dashboard and we will recursively re-check them overnight, every night - notifying by email you of any adverse findings ("Hits") which you can drill further via your Dashboard.
Caresso KYC is completely free of any and all charges to all of our valued affiliates, anywhere in the world. It checks the principal and common global databases (including all major reporting bureaus, Governments, Interpol etc) for:
Politically Exposed Persons ("PEP"), Sanctions and related other adverse criminal and asset related warnings i.e. arrest warrants, wanted amd sanctioned persons (and some assets).***
Reliable, daily recursive checks.
Our AML/CDD/CFT engine - Caresso KYC - is at the heart of the Caresso Law suite of unique legal services, powering automated customer boarding and provisioning. Let out engines power your compliance obligations, at no cost or overhead to you.
It's simple to add your clients to our service, with daily report sent to you for peace of mind - backed up by auditable online history that not only gives you peace of mind, but equally fulfils your regulatory and compliance obligations. Once you get a 'Hit', further recursive checks are suspended. You can simply re-enable, or manually suspend them, all via your Dashboard.
Power users can access our engines in real time, via our restful API, which also includes global checking of all registered companies, partnerships and business anywhere in the world. Please Contact Us for more information.
The gold standard in AML/CDD/CFT.
An unparalelled service
Unlimited use, full blown and compliant, daily recursive AML/CDD/CFT for all of our users. No payment, credit card, or other form of commitment required at any time.
Remain on guard and compliant.
Whilst eradicating cost
Staying compliant and fulfilling your regulatory obligations needn't be a headache. It also just got much simpler. And, best of all as a Caresso Law user, it's also completely free.
Simple and effective compliance.
Let us power your business
Add, pause and review all clients (persons, corproate entities and partnerships) on a truly global basis, with useful daily insight email reports and online audit trails.
The small print explained.
*Our unique schemes have been developed principally for the recovery of undisputed business-to-business invoice debts that relate exclusively to the supply of goods and/or services, however we will - for an additional 'risk fee' - consider disputed UK debts generally over £25,000 ("Debt"). Any registered business, or partnership, can sign up. Our solicitors seek to recover their cost's directly from the debtor pursuant to EU & UK legislation. We retain interest & statutory late payment charges to cover the cost and risk of providing our service and SLA in which we also 'guarantee' the payment of Debt (but not a disputed debt) below £/€ 5,000 where our solicitors, having agreed to take to court, fail to make a recovery - save as for where the debtor is, or appears to be, insolvent.
We will pay you 100% of invoices we recover subject to our SLA, which excludes insolvency litigation, disputed and aged debts which will be subject to a 25% fee for debts over 1 year old, and 35% for debts over 2 years or where they are disputed.
If we fail to make a recovery and are unable to proceed your matter to court, we will simply re-assign the invoice to you, and you will not have anything to pay.
**All risk in the legal costs, court costs, hearing fees, counsel and expert fees, disbursements and the like, along with those of the debtor should we lose, typically rest with Caresso Law whose Specialist Purpose Litigation Vehicle ("SPV") takes a legal assignment of Debt(s) and litigates them in its own name, and at its own risk, standing in your shoes as the claimant and taking said risk. We and instructed solicitors will waive all costs (along with any unrecovered costs) in the event that your claim is unsuccessful and you will not be required to pay back any litigation funding facility provided by Caresso Law provided to you unless you have deliberately misled us, the SPV, the court, the appointed solicitor or any expert or you otherwise fail to cooperate.
There must remain reasonable merit and prospect of success (at our absolute sole discretion) at all times for us to commence and/or continue litigation. Full Terms and Conditions provided when you use our service(s).
This means that you can take full comfort that in the event that we fail to make a recovery, or lose the case, provided you have complied you will not have anything to pay.