Regulatory Check types

During user onboarding there are four types of regulatory checks that must be completed before the user can be activated.

These checks do not have to be carried out in the given order.

Check typeDescription
KYCKnow Your Customer: Verifying the user's identity and address (if possible).
PORProof Of Residency: Verifying the user's address (if not covered by the documents used for verifying the user's identity; check type KYC).
INSTRUMENT_FITResult of the assessment of the user's instrument appropriateness or suitability.
COMPLIANCEInternal compliance check that will run in the background once the identity verification is successfully passed (check type KYC).