Know Your Customer
What is Know Your Customer?
Regulatory requirements for financial institutions to verify the identity of clients and assess their risk profile before establishing a business relationship.
Frameworks that govern know your customer
What the standards actually require on know your customer
Requirements naming know your customer across 6 standards, quoted from the control text.
Where EAR duties turn on knowledge of the end use, end user or destination, BIS expects firms to: look for red flags (abnormal circumstances suggesting an inappropriate end use, end user or destination);
ear-export-administration-regulations::Supp. 3 to Part 732 · Know Your Customer guidance and red flags →Provides guidelines on credit approval, review and records: credit procedures and manual; the credit approval system (approval process, appraisals, information to be analysed, know your customer, application of funds, pricing, collateral and guarantees, accept...
hkma-spm::CR-G-2 · CR-G-2 Credit Approval, Review and Records →Map the operations and business relationships relevant to each prioritised risk; check whether high-risk relationships have due diligence policies and management systems;
oecd-due-diligence-guidance-for-responsible-ai-2026::2.2.G2-rel · 2.2.G2-rel In-depth assessment of risks through business relationships using the enterprise's AI →Directions 11-13 impose specific obligations on Virtual Asset (cryptocurrency) ecosystem + digital payment systems given the elevated cyber risk + financial crime risk.
CERTIN-VASP-VirtualAsset-CryptoExchange-KYC-FinancialTransactionRecords-DigitalPayment-Dir11to13 · CERT-In Directions 11-13 Virtual Asset Service Provider Requirements - KYC for Virtual Asset Exchanges/Custodian Wallets + Financial Transaction Records + Digital Payment System Incident Reporting →Liechtenstein DSG Articles 9 + 23-24 Special Categories of Personal Data (transposing GDPR Article 9). Special Categories: racial or ethnic origin + political opinions + religious or philosophical beliefs + trade union membership + genetic data + biometric dat...
LIDPA-Special-Categories-Sensitive-Data-Children-Article-9-GDPR-Article-9-Health-Financial-Sector · Liechtenstein DPA Special Categories + Sensitive Data + Children + Article 9 →Additional guidance, suggested and not required to adopt the recommendations; supports Strategy D and Risk and impact management A. What are the organisation's activities by sector, value chain and geography, and where are its direct operations? Classify activ...
tnfd-recommendations::LEAP-L1 · L1 Span of the business model and value chain →Questions people ask about know your customer
What is Know Your Customer?
Why is Know Your Customer important for compliance?
Which compliance frameworks address Know Your Customer?
Where can I learn more about Know Your Customer?
See how Know Your Customer applies across compliance frameworks
Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.