Difference between revisions of "Know Your Customer"

From MgmtWiki
Jump to: navigation, search
(Created page with "==Full Title or Meme== Depository Financial Institutions (aka Banks) are required by the Anti-Money Laundering legislation in all developed countries to Know Your Customer...")
 
(Problems)
Line 6: Line 6:
  
 
==Problems==
 
==Problems==
Clearly, t
+
Governments, at least in the US, require community banks
 +
 
 +
Grameen
  
 
==Solutions==
 
==Solutions==

Revision as of 09:13, 16 September 2018

Full Title or Meme

Depository Financial Institutions (aka Banks) are required by the Anti-Money Laundering legislation in all developed countries to Know Your Customer and report on large financial transactions by that customer's Identity.

Context

Crime needs money, governments have learned to "follow the money".

Problems

Governments, at least in the US, require community banks

Grameen

Solutions

This is old style Identity Management where flows

References