Question

    Which is the mandatory process of identifying and

    verifying the client's identity when opening an account and periodically over time?
    A KYC Correct Answer Incorrect Answer
    B Audit Correct Answer Incorrect Answer
    C Tax Correct Answer Incorrect Answer
    D Accounting Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    KYC or KYC check is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time.

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