KYC DECODED

Are the traditional methods of periodic review things of the past? A new approach called Perpetual KYC (pKYC), offers solutions to optimize the conventional process and make it more time efficient and less expensive, providing real-time risk mitigation. In the first part of our Perpetual KYC series, host Alex Pillow is joined by Chor Teh, Moody’s Analytics Financial Crime Compliance Industry Practice Lead, to explore the definition, understanding, and implementation of Perpetual KYC.

Visit the Moody’s Analytics KYC website for more information on how to implement pKYC in your organization.

For additional resources, check out:

• PassFort Lifecycle Website
• Wolfsberg Group Guidance on Digital Customer Lifecycle Risk Management
• FATF Opportunities and Challenges of New Technologies for AML/CFT