Tag: Customer Identification Process

January 24, 2022

5 Reasons Why Financial Institutions Should Care About Customer Identification Process

When we talk about financial institutions, we rightly picture a busy bank or an over-occupied insurance agency where the staff is extremely busy and the

January 21, 2022

Compliance In 2022: A Note On CIP In Correspondence With Anti-Money Laundering (AML) Regulations

Just like a famous quote on success, compliance is not a destination, it’s a journey. From a realistic viewpoint, compliance is a never-ending strive that

August 26, 2021

Why Businesses Should Conduct CIP In Compliance With Anti-Money Laundering (AML) Regulations

Anti Money Laundering efforts have been encouraged by federal and international monetary bodies to help banking and financial sectors avoid engaging in the illegal methods