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Questions and Answers
What does 'KYC' stand for in the context of regulatory guides?
What does 'KYC' stand for in the context of regulatory guides?
- Know Your Customer (correct)
- Keep Your Credentials
- Kindly Yield to Compliance
- Know Your Company
Which method of identification involves establishing the identity of the beneficial owner or control owner?
Which method of identification involves establishing the identity of the beneficial owner or control owner?
- Face to face identification
- Online Identification (correct)
- Video Identification
- Identification by correspondence
In the context of onboarding monitoring, what does EDD stand for?
In the context of onboarding monitoring, what does EDD stand for?
- Excessive Document Disclosure
- Electronic Data Documentation
- Enhanced Due Diligence (correct)
- Everyday Detection Discourse
According to the regulatory guides, in which ways can identification be conducted?
According to the regulatory guides, in which ways can identification be conducted?
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What is the purpose of 'KYC Risk 10' mentioned in the text?
What is the purpose of 'KYC Risk 10' mentioned in the text?
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What is the threshold for the Company to not identify the customer?
What is the threshold for the Company to not identify the customer?
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What is used for proof of control over wallet in case of crypto assets?
What is used for proof of control over wallet in case of crypto assets?
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Which method is used in online questionnaire for TAN method or QES?
Which method is used in online questionnaire for TAN method or QES?
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What is utilized for audio visual communication?
What is utilized for audio visual communication?
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What does AML stand for in the context provided?
What does AML stand for in the context provided?
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