Know Your Customer Regulations

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:legislation
gptkbp:alsoKnownAs	gptkb:KYC_Regulations
gptkbp:appliesTo	gptkb:Australia gptkb:European_Union gptkb:India gptkb:United_Kingdom gptkb:United_States broker-dealers banks financial institutions insurance companies investment firms cryptocurrency exchanges
gptkbp:basisFor	reporting suspicious activity transaction monitoring customer risk profiling
gptkbp:compatibleWith	investment services large financial transactions opening bank accounts
gptkbp:documentType	gptkb:driver's_license gptkb:password proof of address utility bill national ID card
gptkbp:enforcedBy	financial regulators anti-money laundering authorities
gptkbp:failureToComplyResultsIn	fines loss of license regulatory sanctions
gptkbp:frequency	periodic triggered by suspicious activity
gptkbp:introducedIn	1970s
gptkbp:mandate	gptkb:Financial_Action_Task_Force national governments
gptkbp:originatedIn	gptkb:Bank_Secrecy_Act
gptkbp:purpose	prevent terrorist financing prevent money laundering verify customer identity
gptkbp:relatedTo	gptkb:Anti-Money_Laundering_Regulations gptkb:Customer_Due_Diligence gptkb:Enhanced_Due_Diligence
gptkbp:requires	collect customer identification information monitor customer transactions assess customer risk
gptkbp:updated	gptkb:Patriot_Act gptkb:EU_Anti-Money_Laundering_Directives
gptkbp:bfsParent	gptkb:Commercial_Banking
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Know Your Customer Regulations