Risk management - financial services.
The underlying basis of all anti money laundering regulations, requiring financial and other intermediaries engaged in financial transactions to rigorously check their customers’ identities.
- "The world of cash management and payments is evolving in response to... technological advances.
- Treasurers might want to consider solutions such as... the launch of various utility products for KYC management."
- Michelle Price, associate policy and technical director, Association of Corporate Treasurers, The Treasurer, August 2018, p24.