Back-office users have the ability to activate the KYC compliance approval within the Admin module (gear icon) section of their system. Within the 'KYC Settings' tab, an expandable header for 'KYC Compliance Approval' will be located within the 'KYC Global Configuration table'.

Once the 'KYC Compliance Approval' header is expanded, users can select the check box to 'Turn on KYC Compliance Approval'. This feature can be turned off at any time. Turning off this feature will not delete the approval status of any historical KYC's, it will simply 'hide' the compliance approval status from the KYC section of an investor's profile.

Once activated, back-office users can now 'Compliance Approve' any 'Active KYC' within the 'KYC' tab of an investor's profile.

Clicking the 'Compliance Approval Status' button on the Active KYC will then prompt users to make a selection on the approval status and date for the active KYC: The 'Compliance Approval Status' cannot be undone.

The active KYC will be updated with the user's selections and the KYC approval status will be displayed for both back-office users and advisors within the 'KYC' tab of an investor's profile.

If an 'Active KYC' expires, the 'Compliance Approval Status' that was originally set will remain on the expired KYC.