Supporting Global Clients

The system can be used to perform AML processes on foreign clients. However, foreign legal entities must be set up manually, as the Penneo KYC system can only retrieve data from the CVR register (which does not provide information on foreign companies and their ownership).

We are currently working on enabling the system to obtain information from foreign databases.

You can read more about how to se up a legal entity in this article.

Regarding the platform language availability for the recipients of your KYC requests, your clients will be able to set the system language to Danish or English.