Create your borderless Trust account.
Activate Open-BankID.
LogoLogo
  • Statutes
  • Treasury
  • Tribunal
  • Ballot
  • Charters
  • Getting Started
    • About Open Treasury
    • About Regulatory Standards
  • FAQs
  • Open-Bank Protocols
    • Identity
    • AML
    • Transfer Pricing
    • Carbon
    • Forex
    • Data Security
    • Open Trust
    • Credit
    • Demand Deposit
    • Insurance
    • Escrow
    • Statutory Reporting
  • Fiscal Localization Guidelines
    • Constituting Open Treasury
    • Trust and Accountability
    • Intermediations
    • Encryption
    • Audit Scan
    • Compliance Scan
    • Grievances
    • Economic Sanctions
  • Taxes
    • Global VAT
    • Digital Services Tax
    • EEA
      • VAT DK
      • Policy for IP Lessor
      • Policy for Fiscal Host
      • EU VAT
    • India
    • No Fiscal Localisation
  • Accounting Charters
    • Asset Charter
    • Liability Charter
    • Equity Charter
    • Gains Charter
    • Expenses Charter
  • Open Ballot
    • Treasury Ballot
  • Network Token
    • Ownership Collectible
    • Intra-Community Token
Powered by GitBook
On this page

Was this helpful?

  1. Fiscal Localization Guidelines

Compliance Scan

This page explains how the Compliance Scans takes place on the Open Treasury.

PreviousAudit ScanNextGrievances

Last updated 1 year ago

Was this helpful?

Q1. How do Compliance Scans take place?

Compliance scans are a system bound framework where we use a modern financial technology stack, performing routine audits and compliance checks and a rule-based intelligence which red flags incidents based on Compliance parameters.

Q2. Who performs the Compliance Scans?

All the stakeholders listed can run a Compliance Scan on any Open Treasury fund repository. It is the responsibility of the Treasury CWC to keep the functionality of the Compliance scans intact in the Open Treasury systems. It is the responsibility of the Steward Group associated with a Fiscal Host to maintain the compliance scans library, glossary, and conventions in adherence with local laws.

here