Issue 374 (Week ending 27/05/2019)

With companies now required to adopt a risk based approach to doing business, as part of the EU's 4th Directive on Anti-Money Laundering (AML), many are eager to fulfil the necessary requirements as comprehensively and efficiently as possible.

A CRIF Vision-net.ie account is the ideal tool to assist with not only the initial due diligence checks, but also the ongoing monitoring and reviews which are also required of existing and new clients.

CRIF Vision-net.ie provides you with a gateway to the latest information on Irish, UK and Worldwide company information with new documents being added daily and in real-time. In terms of Irish data, so far this year we've added 313,862 new company documents. These include:

- 63,567 sets of annual returns (with director, secretary and shareholder details)

- 26,014 change of company director/secretary forms

- 51,618 sets of new financial accounts (P&L & Balance Sheet details where available)

- 770 insolvency related documents (appointments of liquidators/receivers)

Added to that, we've also published details of 386 Meetings of Creditors (to appoint a liquidator), 10,264 new company start-ups and 9,216 new businesses.

All of this information, augmented by the other key data streams that we can provide (bad debt judgments, insolvency, revenue default, etc.) ensures that we have the AML solution for you.

To find out more about the option that best suits your business, simply login to your account or contact our support team on Tel: +353 1 903 2660 or email helpdesk.vision-net@crif.com today.