Source of Wealth
Restricted accessAssessing how the client built their overall wealth — not only the immediate transaction funds.
Purpose
Source of wealth review considers the origin of a client's entire asset base — business income, investments, property, inheritance — to assess whether the wealth profile is consistent with the transaction. It is required for enhanced due diligence cases, PEP relationships, and high-risk matters.
Review fields
Completed per client for EDD and high-risk matters.
- Client wealth profile
- Occupation / business background
- Assets declared
- Business ownership
- Property portfolio
- Investment history
- Inheritance background
- High-risk sectors
- High-risk jurisdictions
- PEP connection
- Adverse media
- Evidence reviewed
- Wealth explanation
- Reviewer concerns
Current review — NovaLedger Ltd founder
Wealth explanation: technology business exits (2018, 2022) plus investment portfolio. Evidence received for 2022 exit; 2018 exit documentation outstanding.
Awaiting compliance reviewAI actions
Draft only — compliance/legal review required.