Know-you-customer (KYC) requirements continue to be a major pain point for corporate treasury professionals. What are practitioners doing to mitigate the problem?
Craig Jeffery, CCM, Managing Partner, Strategic Treasurer, discusses how corporate treasury professionals are managing the increasing challenge of KYC requirements. He discusses tactics practitioners are currently applying to address the complicated issues that these rules present. Jeffery also weighs in on the effectiveness of KYC utilities and whether a single, centralized repository is a realistic prospect.
For more insights on the complex world of KYC, download AFP's Treasury in Practice Guide, How Treasury Can Ease The KYC Burden, underwritten by Thomson Reuters.