Tag Archives: Practices

Customer Due Diligence – Smart Know Your Customer Practices

Customer Due Diligence - Smart Know Your Customer Practices

The financial services sector has always been tightly regulated and has struggled to meet compliance requirements. In order to meet their anti-money laundering (AML) compliance requirements, banks and financial institutions have to conduct a thorough customer due diligence process. Every transaction poses a number of risks to them thus increasing the need for robust compliance […]