Know your business

Risk management - anti money laundering - anti terrorist financing - sanctions.

(KYB).

Know your business is the principle of verifying both the identity and the nature of the business of potential suppliers and potential clients, before agreeing to do business with them.

See also

• Anti money laundering
• Customer risk
• Know-your-customer (KYC)
• KYC utility
• Risk management
• Sanctions
• Terrorist financing
• Ultimate beneficial ownership (UBO)
• Utility

Other resource

Squeaky Clean, The Treasurer, 2015