Semester “Spring 2011”View more random threads:
- MCM301 GDB fall January 2011-2012 solution soon
- FIN630 Investment Analysis & Portfolio GDB Solution Fall...
- GDB solution of mgt201 for idea fall 2010 and 4/1/2011
- ECO401 GDB2 Deadline 25 June 2010
- ENG101 English Comprehension Graded Discussion Board (GDB)...
- CS504 - Software Engineering - I GDB solution fall 2010 on...
- MGT101 Financial Accounting GDB Solution and Discussion...
- Mgt601 GDB Solution fall 2010
- Mkt621 GDB No. 1 Solution fall 2010
- MGT510 Total Quality Management GDB No. 02 Due Date 23rd...
“Consumer Banking (BNK 603)”
This is to inform that next Graded Discussion Board (GDB)
will be opened according to the following schedule
Schedule
Opening Date and Time
May 27, 2011 At 12:01 A.M. (Mid-Night)
Closing Date and Time
May31 , 2011 At 11:59 P.M. (Mid-Night)
Topic/Area for Discussion
“Product innovation and importance of KYC”
Note: The discussion question will be from the area/topic mentioned above. So start learning about the topic now.
Sponsored Links
Know Your Customer (KYC)
The words Know Your Customer in the financial sense describe the process by which a bank or financial institution checks the identity, background and other aspects of the source of wealth of potential and existing customers. Also known as KYC, legislation and regulation require firms to obtain evidence of identity of a customer at take-on and to keep a record of that evidence for as long as there is a relationship with a customer. Legislation and regulation also require a firm to keep up to date its knowledge of a customer throughout the life of the relationship, so that changes in the customer's activity can be assessed and dealt with – all with the principal aim of preventing Money Laundering and Financial Crime.
There are currently 1 users browsing this thread. (0 members and 1 guests)