Mesh requires every customer to be verified in accordance with the Anti-Money Laundering and Anti-Terrorism Financing regulations as implemented world-wide and per jurisdiction.

The regulations generally contain a number of control measures aimed at facilitating the detection and investigation of money laundering and terrorist financing and imposes specific responsibilities on financial institutions that relate to commencing a business relationship with a customer as well as maintaining it during the lifecycle of the business relationship with them.

This includes the requirement to “Know Your Customer” (KYC), requiring Mesh to establish and verify the identity of all customers prior to establishing a business relationship or concluding a transaction with them.

All information submitted is governed by the relevant privacy regulations per jurisdiction including the General Data Protection Regulations (GDPR) or whichever is more stringent.