People signing documents: What Are the Documents Required for KYC?

For banks, lenders, and other financial institutions, know-your-customer/know-your-client (KYC) compliance is essential. The United States, the United Kingdom (UK), the European Union (EU), and other global authorities have put strict KYC regulations in place in recent years. These rules are designed to combat money laundering, fraud, terrorism financing, and other illicit activities. All financial entities […]