Quotes About KYC

There must be more rigorous enforcement of rules promoting transparency in the international banking and financial systems, especially more stringent KYC rules on customer identity, source of wealth, and even country of origin.

For bankers, lawyers, accountants, brokers and company formation agents looking to score big, the only thing standing in their way has been "Know your customer" (KYC), the lame excuse for a sure fire way to disrupt the business of making money by moving money.