Over the past two months, we've focused on two things that matter most to your day-to-day operations: giving you more control over how Vestlane fits your onboarding process, and giving your team clearer, more timely warnings when compliance risk needs a second look. We've also continued strengthening our North Data integration and rolling out a redesign across key investor-facing areas.
Vestlane now includes a Pillar 2 compliance questionnaire as part of tax data collection in the onboarding flow.
The EU Pillar 2 Directive requires very large international corporate groups to pay a minimum effective tax rate of 15% in every country where they generate profit; closing the door on shifting profits to low-tax jurisdictions to reduce overall tax liability. This questionnaire lets fund managers collect the data needed to assess Pillar 2 relevance directly within the onboarding workflow, rather than handling it as a separate manual step.
We've made compliance-critical warnings more visible at the exact moment a user is about to take action, bringing closer the AML questionnaire approval and risk assignment during investor and asset onboarding.
What's new:
When approving any section of an investor subscription, an alert now appears if there are any potential name screening matches linked to the legal representatives listed in that section.
An inline warning now appears if a fund manager user attempts to assign Low risk to a confirmed true positive match in an AML risk assessment.
These alerts are designed to catch risk-relevant information before a decision is finalized, not after.
Fund managers can now upload their own country risk classification list, reflecting their firm's internal AML policies and scoring — rather than relying solely on Vestlane's default classification.
In order to customize your fund manager own country risk classification list, follow these steps: