(i) Effective customer identification?

Customer identification and knowledge of the customers

Banks must develop policies and procedures in areas such as customer acceptance, customer identification, ongoing transactions monitoring and risk management.

In February 2003, the Basel Committee issued General Guide to Account Opening and Customer Identification.

This entails customer identification and extends to a full understanding of the nature of the business that underlies a relationship.

Customer identification requirements for legal entities include the individuals who are legally authorized to represent them, as well as their owners.

(4) It requires non banking financial institutions to apply the same standards as banks with regard to customer identification and declaration

(i) Customer identification and verification requirements applying the principle of know your customer , in order to have available for competent authorities the necessary information on the identity of clients and the financial movements that they carry out

Your customer, my customer...they're not the same.

Customer.

The customer is happy, because the customer is God.

Cash customer.

Customer, Corelli.

A customer.

The customer.

The customer.

However, thanks to concerted international efforts, many offshore financial centres have already improved their practices by revoking the licences of shell banks or strengthening customer identification requirements for corporations.

Overseas customer pressure

An old customer.

What a customer!

This document focuses on some of the mechanisms that banks can use in developing an effective customer identification programme and is designed to support implementation of the 2001 CDD paper.

Cash dealers are obliged to identify their customers, maintain records of customer identification and customer account activity for at least seven years after the account is closed, and to report to the FIU significant cash transactions (over 7,000), suspect transactions, and funds transfer instructions into or out of the country.

Our customer loyalty skyrocketed.

Hey, look. Another customer.

You got a customer.

Good customer of ours.

He's a good customer.

Know your customer policy Customer transaction profile Information on cash transaction Information on foreign currency transaction

I was his first customer.

The customer did not come.

The customer is always right.

Is the customer always right?

. Customer information has drastically improved.

He was a good customer.

A difficult customer, that Rick.

Nothing. He's a strange customer.

Show the customer the merchandise.

Me? I'm just a customer.

Slim customer. It's very good.

You will be a customer.

Inside the customer securities guarantee account and customer funds guarantee account opened in the name of the securities firm, a separate credit granting account shall be opened for each customer.

The latter instrument gives legal force to the criminalization of money laundering derived from all serious crime and the adoption of measures that address customer identification, record keeping and the reporting of suspicious transactions.

Not one customer would refer us.

Not one customer would refer us.

You'll tell him I'm a customer.