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

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.

For example, FATF recommendations relating to customer due diligence, record keeping, suspicious transactions, anti money laundering controls policies and staff training.

Dealers are therefore required to take measures to prevent money laundering and terrorist financing by exercising customer due diligence, introducing know your customer rules, keeping records, reporting suspicious transactions and undergoing regulation and supervision procedures.

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

The customer is happy, because the customer is God.

These States also have aimed to curb criminal enterprises and terrorist financing by tightening systems in their formal financial systems such as through stricter customer verification procedures and better reporting of suspicious transactions.

Persons submitting the reports, irrespective of cash or non cash transaction should provide the Authorized Body with the following information about the transactions concluded between them and a customer or a third party

In its quest to control the movement of proceeds of crime, the Anti Money Laundering Act (2005) prescribes aggregate values of business transactions per customer per day and imposes a limit on money transfers.

(e) States should require operators of registered remittance systems to meet the same know your customer requirements as the formal banking sector, record correspondent relationships, report suspicious transactions, maintain records, and generally comply with all FATF recommendations

According to resolution 1455 (2003) reports, the top four remittance source States in 2001 as identified by the World Bank all require money transfer services to register, implement know your customer rules and file suspicious transactions reports.

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

Our customer loyalty skyrocketed.

(i) Effective customer identification?

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.

I was his first customer.

The customer did not come.

The customer is always right.

Is the customer always right?

If you go into a restaurant and you have bad customer service, show them what bad customer service looks like.

Not one customer would refer us.

It's a company with one big customer.

Customer identification and knowledge of the customers

(ii) Implementation of Customer Relationship Management applications

Commercial transactions

Financial transactions

PARIS The reality of market exchange direct transactions between merchants and customers appeared gradually 3,000 or 4,000 years ago. In this novel social relationship, the customer was free to buy whatever he wanted, whenever and from whomever he chose, often bargaining with the seller about the price.

The amended directive broadened the scope of predicate offences to money laundering beyond drug offences to other serious crimes and the obligations under the directive concerning customer identification, record keeping and reporting of suspicious transactions were extended to other activities and professions outside the financial sector.

Tom Ford And we found after much research that actually not much research, quite simple research that the counterfeit customer was not our customer.

Who is our customer? Well here's an example.

(a) Strictly apply the standard principle of Customer Due Diligence (CDD) or ( know your customer ) as a fundamental principle of all anti money laundering controls.

Article 33 A securities firm shall not entrust other agency or individual to attract customer, or hold customer service or product sales that are violating regulations.

(1) such insurance business behaviors as ad, product development, sale, insurance acceptance, claims settlement, preservation, anti money laundering, customer service and handling of customer complaints, etc.

Implementation of the assets freeze measures varies considerably between States, but in general the formal financial sector continues to develop its efficiency through extensive circulation of the Consolidated List, introduction of stricter know your customer rules, better reporting of suspicious transactions, and broader activity by financial intelligence units.

(c) Foreign exchange transactions

In general we don't try to please the customer here.

Article 31 Prohibiting the release of information to the customer

Please describe any due diligence or know your customer requirements.

Please describe any due diligence' or know your customer' requirements.

a) Transactions exceeding 20 million AMD (about 40000 USD), except for real estate purchase and sale transactions

These transactions amounted to 120,026.

Article 30 Reporting suspicious transactions

(iii) Reporting of suspicious transactions?

It's a customer, it's an audience, it's a person who's participating.

When you see grumpy customer service, point that out to them.