Toccata has a strict CDD & KYC compliance policy. Making use of the specialized International compliance software programme RAEMONDA, in line with the Money Laundering and Terrorist Financing (Prevention) Act (Wwft), Toccata aims to maintain the highest standards in AML regulations in order to ensure a healthy client base.
Since October 1st, 2020 we offer clients support to implement an automated compliance process, monitor transactions, sanction and pep checking and setting up and maintaining structure charts.
In this way, thanks to our digital transaction monitoring functionality, our clients can be offered trust as regards the many compliance regulations applicable for financial service providers (both Wtt and Wwft).
By using the RAEMONDA software, we offer the user a tool to comply with the laws and regulations regarding CDD & KYC in a transparent and efficient manner with a logging functionality to demonstrate the audit trail. Monitoring transactions is a time-intensive process. With RAEMONDA this process is considerably accelerated and smoothened.Originally developed for trust offices having to comply with both Wtt and Wwft, the Raemonda programme is fully equipped to service high-end financial institutions having to comply with Wwft or foreign AML regulations.
Last year a historic agreement was reached on a worldwide minimum tax for multinationals. Under the leadership of the Organization for Economic Co-operation and Development
According to the Tax Justice Network (TJN, 2021) the Netherlands has been ranked 4th on the Corporate Tax Haven Index, indicating that the Netherlands is
The Trade and Industry Appeals Tribunal (College van Beroep voor het bedrijfsleven, CBb) ruled on appeal that the withdrawal of the licence of a trust