Guides ยท Finance

AML & KYC Basics

Know your customers legally

Anti-money laundering and know-your-customer measures include identity verification, sanctions screening, transaction monitoring, risk scoring, and SAR filing, with ongoing reviews and recordkeeping.

Verify

Collect/verify IDs; screen sanctions/PEP lists.

Monitor

Watch transactions for patterns; risk-score customers.

Report

File SARs when required; keep records per regulations.

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