...Meiryani Purpose The purpose of this paper is to find out the role and factors that lead to efforts by banking institutions to deal with money laundering by using the principle of knowing your customer. Design/methodology/approach This research method uses a sociological juridical approach...

... providers, where the regulation goes beyond what AMLD5 requires in quite a few points. The main focus of the analysis shall be on the scope of virtual currency (asset) service providers, and the types of assets and transactions covered by “Know Your Customer” (KYC) obligations under the current regulations...

... Know your customer Financial regulations Financial institutes Anti-money laundering The conception of any anti-money laundering (AML)/combating financing of terrorism (CFT) regime brings with it potential to its outcomes (Getz, 2006 ; Unger et al., 2014 ; Pol, 2018) and specific...

... with the exercise of illegal activities or if he appears on a certified list of persons linked to money laundering (Muller et al., 2007 ; Aliaga Mendez, 2010 ; Toso Milos, 2017). This means that due diligence measures (DDM) consist in the customer identification (CI) plus the know your customer (KYC...

... in a percentage of millions of dollars that the author – a self-proclaimed government official – is trying to transfer out of his country. This article assesses the possibility of using anti-money laundering regulatory tools such as a “risk based approach” and “Know Your Customer” to protect victims of fraudulent...

... by account holders to place funds into their account(s) hinder or assist investigators to expose the real‐world identity of the account holder. The paper then discusses whether it is feasible and/or desirable to introduce know your customer (KYC) and customer due diligence (CDD) legislation into virtual...

...), the purpose of this paper is to consider the regulator context and governance of some key issues in Indonesia's anti‐money laundering (AML) regime: the progress of “know your customer” implementations and the crackdown on foreign bribery. Design/methodology/approach Interviewing respondents from key...