🧾 KYC & Supplier Verification
Know Who You’re Working With. Trust What They Provide.
In today’s regulatory landscape, verifying your suppliers is no longer a formality—it’s a legal and reputational necessity. From anti-money laundering and sanctions compliance to ethical sourcing and chain-of-custody certification, Know Your Counterparty (KYC) is a critical first step in any due diligence process.
BRAND provides a robust, flexible KYC and supplier verification module designed to meet the requirements of:
RJC COP Provision 12 (KYC)
UFLPA rebuttable presumption
SA8000:2025/6 due diligence requirements
EU CSDDD onboarding documentation
COC certification (Chain of Custody)
Key Features
Supplier Identity Management
- Collect key business information for each supplier:
- Legal entity name
- Business registration numbers
- VAT/tax ID
- Physical and operational addresses
- Categorize suppliers by type (manufacturer, subcontractor, agent, raw material provider)
UBO & Ownership Verification
- Capture information on Ultimate Beneficial Owners (UBOs)
- Identify Politically Exposed Persons (PEPs)
- Maintain documentation for ownership structures and directorships
Sanctions & Watchlist Screening
- Screen suppliers against:
- UFLPA Entity List
- OFAC and UN sanctions
- Government watchlists
- Configure alerts for flagged or high-risk matches
Automated Alerts & Risk Flags
- Missing or outdated KYC documentation
- Changes to UBO, ownership, or registration
- Sanctions list updates or regional red flags (e.g. Xinjiang links)
Document Upload & Version Control
- Request and store:
- Business licenses
- Company profiles
- Supplier declarations
- Ethical sourcing commitments
- Automatic reminders for expiring documents
- Full version history and approval workflow
Validation & Evidence Controls
- Set internal validation steps before onboarding or approval
- Mark documentation as “pending,” “verified,” or “rejected”
- Link documents directly to compliance frameworks (RJC, COC, CSDDD)
Compliance & Stakeholder Alignment
BRAND’s KYC module is designed to meet expectations under:
RJC COP Provision 12
Requires full identity verification of all suppliers and customers
SA8000:2025/6 Clause 9.12
Requires upstream risk identification and supplier-level due diligence
UFLPA
Demands high-confidence proof of no links to prohibited entities
EU CSDDD
Risk identification and monitoring of environmental and social impacts
ISO 37301
Supports structured compliance management and evidence tracking
Use Cases
Verifying raw material suppliers
before including them in a Chain of Custody audit
Pre-qualifying subcontractors
against internal compliance standards
Automatically identifying
suppliers flagged on international watchlists
Managing annual
updates to key KYC documentation
Why It Matters
Incomplete or unverified supplier information can expose your company to:
đźš« Import restrictions and product detentions
⚖️ Legal liability for insufficient due diligence
📉 Certification failures (e.g. RJC, SA8000)
đź’¸ Loss of investor and customer trust
With BRAND, you can demonstrate that every supplier has been properly vetted, documented, and monitored—on an ongoing basis.
Summary
KYC is the foundation of supply chain integrity. BRAND gives you the tools to identify and validate your business partners with confidence—ensuring you meet both legal requirements and your own ethical standards.