kyc

Langue: fr

📖 Définitions

noun
Connaissance du client

EN: An acronym for "Know Your Customer" or "Know Your Client", referring to the mandatory regulatory process used by financial institutions and other regulated entities to verify the identity of their clients, assess their risk profiles, and monitor transactions to prevent money laundering, fraud, and terrorist financing.

💬 Exemples

AML protocols require banks to implement robust Know Your Customer (KYC) procedures.

Les protocoles AML exigent que les banques mettent en œuvre des procédures KYC rigoureuses.