Glossary

The glossary uses plain language so clients can understand recurring corporate and compliance terms quickly.

Defined terms

Nominee director

A director appointed for a defined period and scope, usually to satisfy a structural, governance, or transactional need while the client implements its long-term board solution.

Resident director

A director who qualifies as resident in the relevant jurisdiction and may be needed because of statute, governance, banking, or transaction requirements.

KYC

Know-your-client review covering identity, ownership, business profile, and risk screening.

AML

Anti-money laundering checks used to assess whether a matter can be accepted.