Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
regulatory process
|
| gptkbp:abbreviation |
gptkb:KYC
|
| gptkbp:appliesTo |
financial institutions
corporate clients individual clients beneficial owners politically exposed persons (PEPs) |
| gptkbp:compatibleWith |
gptkb:FATF_Recommendations
gptkb:Patriot_Act EU AML Directives US Bank Secrecy Act local AML laws |
| gptkbp:documentedIn |
KYC procedures
KYC policy |
| gptkbp:enforcedBy |
regulatory authorities
|
| gptkbp:failureToComply |
fines
legal penalties |
| https://www.w3.org/2000/01/rdf-schema#label |
Know Your Customer (KYC)
|
| gptkbp:includes |
customer identification
ongoing monitoring customer due diligence |
| gptkbp:originatedIn |
gptkb:government
|
| gptkbp:purpose |
prevent terrorist financing
prevent money laundering verify customer identity |
| gptkbp:regulates |
gptkb:Financial_Action_Task_Force_(FATF)
national regulators |
| gptkbp:relatedTo |
gptkb:Customer_Due_Diligence_(CDD)
gptkb:Anti-Money_Laundering_(AML) Enhanced Due Diligence (EDD) |
| gptkbp:requires |
banks
insurance companies risk assessment identity verification investment firms cryptocurrency exchanges customer information proof of identity periodic review proof of address screening against watchlists |
| gptkbp:technology |
digital identity
document scanning biometric verification AI-based verification |
| gptkbp:usedIn |
global finance
digital onboarding transaction monitoring account opening |
| gptkbp:bfsParent |
gptkb:Customer_Identification_Program_(CIP)
|
| gptkbp:bfsLayer |
7
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