Identity and registration
We establish the client’s identity, legal entity registration details and representation rights using reliable, independent sources.
RESPONSIBLE COOPERATION
Client due diligence and sanctions screening
Why MG Alliance requests client information, what we check, and where an initial search can be made in official sources.
MG ALLIANCE · AML
Due diligence is a legal duty, not a formality
MG Alliance SIA is a licensed outsourced accounting service provider and a subject of Latvia’s anti-money laundering and counter-terrorist and proliferation financing law. Before and throughout a business relationship, we must apply risk-based client due diligence.
DUE DILIGENCE
What client due diligence covers
Beneficial ownership
We understand the ownership and control structure, identify the ultimate beneficial owner and verify the information obtained.
Sanctions and PEP status
We assess sanctions exposure and establish whether a person is a politically exposed person, their family member or a close associate.
Purpose and monitoring
We understand the purpose and intended nature of the relationship, assess risk, keep information current and monitor activity throughout the relationship.
OFFICIAL SOURCES
Preliminary company check
Enter a company name or registration number. The data is not sent to MG Alliance or stored; it remains in your browser. Then open each official source and paste the search value.
Checks prepared for:
Paste the copied name or number on the official website.
LATVIJA · ES
Checks in official sources
UR
FID
VID
VIES
Register of Enterprises
Registration details, officers, representation rights and available beneficial ownership information.
Open check ↗FID sanctions search
Subjects listed under UN, EU and Latvian national targeted financial sanctions.
Open check ↗VID public database
Taxpayer status and rating, VAT registration, tax debt and other public information.
Open check ↗EU VAT number validation
The European Commission VIES service validates VAT numbers for cross-border transactions.
Open check ↗PNP / PEP
Checks concerning individuals
Sanctions screening can be performed in the FID search using a person’s name. Latvia’s VID politically exposed persons check requires an exact name and personal identity number. Do not enter sensitive personal data on this public page; perform that check directly on the VID website.
NORMATĪVIE AKTI
Legal basis and guidance
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Latvian AML/CFT/CPF Law
Core requirements for client, beneficial owner and PEP due diligence and transaction monitoring.
Law on International and Latvian National Sanctions
Sanctions compliance duties and the roles of competent authorities.
VID guidance for outsourced accountants
Supervisory guidance on AML requirements and internal control systems.
Register of Enterprises guidance on beneficial owners
Official guidance on identifying and registering an ultimate beneficial owner.
✓MG Alliance processes information received during client due diligence solely for statutory purposes and in accordance with confidentiality and data protection requirements.
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