1 thought on “classy jewelry wholesale What is KYC's Chinese meaning? What does it contain?”
Cassandra
kaylee jewelry wholesale Kyc's Chinese meaning is to understand your customers, including content: The "Anti -Money Laundling Law" mostly requires natural people, legal persons, and other organizations including accounting firms to make a comprehensive understanding of your customers, that is, to understand you Customer principles. The main goal of "understanding your customers" is to effectively discover and report suspicious behaviors through the verification and business behavior of the customer's identity, because unless you have a full understanding of the customer and can predict the customer's business behavior, you cannot be able to you Reasonably and effectively find abnormal or suspicious behaviors from customers' daily and habitual behaviors. Usually, this understanding is to obtain a complete understanding through the beneficiary party, source and funding use of the transaction, and the appropriate and reasonable investigation of corporate behavior and transaction forms after corporate operation history. If according to the requirements of Article 40 Suggestions of the Financial Action Working Group, the review procedures for understanding the customer principle include:
(1) confirm the identity of the direct customer, that is, know what the customer is People or subjects;
(2) When verifying customer identity, reliable and independent documents, data or information should be used;
(3) Confirm the actual ownership and control power ——Adate to confirm what natural person finally has and controls direct customers, and the actual beneficiaries of/or transactions;
(4) verifying the actual owner of his customer and the actual beneficiary of the transaction of the transaction ;
(5) Continuous due diligence and detailed review -continuous detailed inspection of transactions and accounts during the duration of business relations with customers to ensure that the current transaction and financial institutions are paired Customers, customer business and customer risk conditions are consistent. If necessary, the source of funds should be confirmed.
At present, the principle of understanding your customer has been expanded to including "understanding your employees", "knowing your agent" and "understanding your affiliates", and even "understand your third party The service provider came up, and the experience showed that through bullying employees and similar parties, it would help the implementation and money laundering.
kaylee jewelry wholesale Kyc's Chinese meaning is to understand your customers, including content: The "Anti -Money Laundling Law" mostly requires natural people, legal persons, and other organizations including accounting firms to make a comprehensive understanding of your customers, that is, to understand you Customer principles. The main goal of "understanding your customers" is to effectively discover and report suspicious behaviors through the verification and business behavior of the customer's identity, because unless you have a full understanding of the customer and can predict the customer's business behavior, you cannot be able to you Reasonably and effectively find abnormal or suspicious behaviors from customers' daily and habitual behaviors. Usually, this understanding is to obtain a complete understanding through the beneficiary party, source and funding use of the transaction, and the appropriate and reasonable investigation of corporate behavior and transaction forms after corporate operation history.
If according to the requirements of Article 40 Suggestions of the Financial Action Working Group, the review procedures for understanding the customer principle include:
(1) confirm the identity of the direct customer, that is, know what the customer is People or subjects;
(2) When verifying customer identity, reliable and independent documents, data or information should be used;
(3) Confirm the actual ownership and control power ——Adate to confirm what natural person finally has and controls direct customers, and the actual beneficiaries of/or transactions;
(4) verifying the actual owner of his customer and the actual beneficiary of the transaction of the transaction ;
(5) Continuous due diligence and detailed review -continuous detailed inspection of transactions and accounts during the duration of business relations with customers to ensure that the current transaction and financial institutions are paired Customers, customer business and customer risk conditions are consistent. If necessary, the source of funds should be confirmed.
At present, the principle of understanding your customer has been expanded to including "understanding your employees", "knowing your agent" and "understanding your affiliates", and even "understand your third party The service provider came up, and the experience showed that through bullying employees and similar parties, it would help the implementation and money laundering.