Finger print on paper: key differences between KYC and AML

Banks, lenders, and other financial institutions are subject to several different complex regulations. KYC (know-your-customer/know-your-client) rules and AML (anti-money laundering) rules are two of the most important regulations that financial entities must comply with. You may hear KYC and AML referred to together, but it is important to understand that these are two separate regulations. […]