kyc

language: zh

definitions

  1. noun
    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.
    zh: 了解你的客户程序

examples

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

    反洗钱协议要求银行实施严格的了解你的客户（KYC）程序。