Compliance approach

A clear control and record approach for compliance processes.

Technology should support your institution's assessment processes. We build on defining product scope, produced outputs and responsibilities explicitly.

Distinction

What does the product provide, what does the institution decide?

Control areaProduct supportInstitutional assessment
Identity checkOutput of the supported verification stepsAcceptance policy and additional review
AML screeningSourced possible matchesIdentity matching and action
BlockchainSupported risk indicatorsCustomer/transaction context and decision
RecordsTechnical record scope in the contractLegal retention and access policy

Evidence

A regulation's name is not a certificate.

Process support related to a regulation and independent certification are different things. Where certificate and test information exists, it is presented with its scope and validity.

  • Process supportWhich control step the product supports
  • Technical evidenceRecord, source and result fields
  • CertificateIf any: document name, scope, version and validity

Evaluation

Let's work through your institution-specific requirements together.

Share your field of activity, the jurisdictions you operate in and your control requirements. Let's map them to the product scope.

Frequently asked questions

About the compliance approach.

Does using Legichain make us compliant on its own?

No. Institutional policy, processes, staff and applicable obligations are assessed together.