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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.

KYC is evolving
"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.

Also known as Know your client.

See also

Other resource

Squeaky Clean, The Treasurer, 2015