Customer Due Diligence

This page expands the customer due diligence focus within the Disclosures framework for DRKB Capitals SPC.

Customer Due Diligence

Customer Due Diligence is disclosed to align stakeholders on governance, risks, and decision rights under QFC expectations. Under QFC rules, SPCs may carry out Special Purpose Company Activities such as acquiring, holding, and disposing of assets, subject to their licence. Changes in directors, SSP, or registered office require timely notice to the QFC authorities.

Define the disclosure item for Customer Due Diligence and its purpose in the mandate pack.
Explain how Customer Due Diligence is reviewed and updated over the life of the facility.
Describe how Customer Due Diligence affects credit decisions, reporting, and escalation.

Scope and application

Scope covers who receives the Customer Due Diligence disclosure and how updates are approved.

Key requirements

Defined transaction purpose and permitted SPC activities only.
Governance roles including director, secretary, and SEF accountability.
SSP appointment for corporate and administrative services and registered office support.
Documented compliance, collateral controls, and reporting cadence.

Reporting expectations

Mandate reporting cadence, stakeholder access, and escalation protocols are confirmed in advance.

Next step

Request a mandate review and receive a tailored execution plan.

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