financial institutions

language: zh

definitions

  1. Organizations such as banks, credit unions, investment firms, and insurance companies that provide financial services to individuals, businesses, and governments.
    zh: 提供金融服务的机构
  2. Entities subject to strict regulatory oversight, particularly concerning anti-money laundering (AML), know-your-customer (KYC) protocols, and sanctions compliance to prevent illicit financial activities.
    zh: 受严格监管的金融机构

examples

  1. Commercial banks and credit unions are examples of financial institutions that handle everyday deposits and loans.

    商业银行和信用合作社是处理日常存款和贷款的金融机构的例子。

  2. Under new regulations, all financial institutions must conduct thorough background checks on high-risk clients before processing international transfers.

    根据新规，所有金融机构在处理国际转账前必须对高风险客户进行彻底背景调查。