Hot answers tagged

5 votes

Has any government published a cost benefit analysis on KYC regulations in terms of frequency of data loss?

Know Your Customer rules are not about identifying the individual. If that was the goal, the customer presenting their Passport (or other national ID) would fully do that. The knowing of the customer ...
Ángel's user avatar
  • 153

Only top scored, non community-wiki answers of a minimum length are eligible