Client Onboarding and KYC Procedure

Any questions? Contact us

Client Onboarding and KYC Procedure

Any questions? Contact us

Client Onboarding and KYC Procedure

Any questions? Contact us

Client Onboarding and KYC Procedure

To ensure the security of our systems, the integrity of our client relationships, and compliance with applicable legal and regulatory obligations, Wise Law BV applies a strict Know Your Client (KYC) and Client Onboarding Procedure. All clients wishing to access our digital Client Information System (CIS) or make use of our services must complete this verification process.

1. Initiating the Registration Process

Clients may begin the onboarding procedure by completing the digital registration form available through the Wise Law BV website. Upon submission, you will receive confirmation of receipt and instructions for the next steps in the verification process.

2. Identity Verification (KYC)

Before access to our systems can be granted, Wise Law BV is required to verify your identity and obtain essential background information. This process may include:

  • verification of identity documents (passport, ID card or equivalent);
  • verification of residential or business address;
  • confirmation of professional or corporate status, where relevant;
  • identification of authorized representatives acting on behalf of a company;
  • verification of Ultimate Beneficial Owners (UBOs), if the client is a legal entity.

Digital copies of documents may be uploaded securely through the CIS portal. All data is encrypted and processed in accordance with the GDPR.

3. Purpose and Nature of the Engagement

To comply with legal and regulatory requirements (including anti-money-laundering and anti-terrorist-financing rules), we may request additional information regarding:

  • the nature and purpose of the requested legal services;
  • the expected scope and duration of the engagement;
  • the source of funds, where relevant to the matter.

This information allows Wise Law BV to ensure that the engagement aligns with legislative and professional standards.

4. Risk Assessment and Approval

Once the information is received, Wise Law BV conducts an internal risk assessment.
This may include:

  • conflict-of-interest checks;
  • screening against sanctions or politically exposed persons (PEP) lists;
  • professional assessment of the intended legal services.

Access to the CIS portal and commencement of services can be granted only after successful completion of this review.

5. Access to the Client Information System (CIS)

Upon approval, you will receive secure login credentials for the Wise Law BV Client Information System, enabling you to:

  • upload and manage documents;
  • communicate securely with your legal team;
  • track the progress of your matter;
  • store files in accordance with GDPR-compliant archiving procedures.

Two-factor authentication (2FA) is required for access to ensure maximum security.

6. Ongoing Monitoring

KYC obligations do not end with initial verification. Wise Law BV may periodically request updated information, particularly if:

  • your personal or corporate details change;
  • the nature of the engagement evolves;
  • regulatory requirements require renewal of certain information.

This ensures the ongoing integrity and compliance of your client profile.

7. Data Protection and Confidentiality

All personal data processed during onboarding is handled with strict confidentiality.
Wise Law BV applies:

  • encrypted storage;
  • access restrictions;
  • GDPR-compliant retention;
  • secure digital transfer protocols.

No personal information is shared with third parties unless required by law or essential to the execution of our services.

8. Support

If you have questions about the onboarding or KYC process, our compliance team is available to assist you. Contact details are provided within the CIS portal and on the Wise Law BV website.

Company Law

Company law governs the internal structure, operating rules and organisation of a business. It determines how management responsibilities are allocated and specifies the legal formalities that directors, officers and other corporate bodies must observe.

Shareholders disputes

If, as a shareholder, you are confronted with a deadlock, an abuse of majority power, issues concerning the performance of a shareholders’ agreement, or any situation in which the governance or continuity of the company is seriously affected, Wise Law BV can assist you.

Corporate acquisitions

Corporate acquisitions require numerous arrangements to be made within a short timeframe. The process begins with negotiations, during which addressing the appropriate legal issues at an early stage helps prevent the need to reopen discussions when drafting the sale and purchase agreement.

Financial products

Financial products include all non-personal financial market agreements, such as the offering of shares or bonds to multiple investors, the provision of lending arrangements, and the offering of standardized financial services including credit management and factoring.

Financial enterprises

Financial enterprises are increasingly required to implement structured procedures to comply with the expanding regulatory framework governing the financial sector. The Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB) conduct frequent supervisory checks, particularly regarding compliance with the Dutch Financial Supervision Act (Wft).

Financial disputes

Financial arrangements are often complex and typically involve significant interests. It is not always the case that financial institutions and their clients perform their agreements in a manner satisfactory to both parties. Wise Law BV has extensive experience in resolving disputes arising between financial enterprises and their customers.

ABOUT US

Wise Law BV

Wise Law BV has a clear focus on corporate and financial law. We work in a targeted, pragmatic manner that aligns with your needs and the nature of your business. Our lawyers have more than 30 years of experience in commercial advisory work and financial services. Our clients include financial institutions as well as small, medium-sized and larger enterprises. Wise Law BV is engaged daily in providing strategic, solution-oriented legal support.

Escrow – We Assist You with Your Contracts

Wise Law BV assists clients in corporate acquisitions and the drafting of contractual documentation. The lawyers and civil-law notaries with whom we collaborate act as independent escrow agents, particularly in transactions where notarial involvement is required by law, such as the transfer of shares or real estate.

Sign Up as a Client / Client Registration

If you are an existing client of Wise Law BV, you may log in here to access your secure client environment. Through this portal, you can safely upload, exchange and manage documents relating to your matter. All information is processed, stored and archived in accordance with the requirements of European privacy legislation, including the General Data Protection Regulation (GDPR).

As part of our Know Your Client (KYC) and client onboarding procedures, your identity and certain background information may need to be verified before access is granted. This ensures the security of our systems and compliance with applicable legal and regulatory obligations.

Not yet a client of Wise Law BV?
You may request access through the option below, after which we will guide you through the registration and verification process.