New answers tagged banking
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 ...
Top 50 recent answers are included
Related Tags
banking × 37united-states × 11
sanctions × 9
european-union × 6
russian-federation × 6
finance × 5
united-kingdom × 4
economy × 3
international × 3
trade × 3
currency × 3
financial-crisis × 3
federal-reserve × 3
law × 2
china × 2
government × 2
taxes × 2
iran × 2
ukraine × 2
regulation × 2
rule-of-law × 2
switzerland × 2
brexit × 1
international-relations × 1
history × 1