Regulatory bodiesfatf-rec-10
FATF Recommendation 10
The global customer due diligence standard underpinning KYC and beneficial-ownership checks.
FATF Recommendation 10 sets the global Customer Due Diligence (CDD) standard: financial institutions must identify and verify customers and their beneficial owners, understand the relationship's purpose, and conduct ongoing monitoring. It is the backbone of KYC and the reason beneficial-ownership traversal matters, you must reach the natural person behind a chain of entities. OilFlow's KYC pipeline and shell-detection map to that requirement.
Frequently asked
- What does FATF Recommendation 10 mean in oil and commodity trading?
- The global customer due diligence standard underpinning KYC and beneficial-ownership checks.
- How do I check a counterparty that uses FATF Recommendation 10 in a deal?
- The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.
See also
Seen this term in a live pitch?
These terms show up in real deal pitches — some legitimate, some not. The free check screens the counterparty behind the pitch against OilFlow's first-party-investigated fraud-cluster corpus in seconds. It queries no sanctions list.
Is the offer in your inbox real?
A written read within three business days: the broker-scam cluster corpus, a cached US sanctions pre-screen and the 235-jurisdiction tradability matrix. Not the full eight-list screen, and PEP is not screened. No account, nothing to buy.