SWIFT to open KYC platform to corporates

By GRC Announcements2019-02-12T12:00:00+00:00

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SWIFT announced the scheduled opening of its Know Your Customer platform, The KYC Registry, to corporates.

From Q4 2019, all SWIFT-connected corporate groups will be able to join The KYC Registry and use it to upload, maintain, and share their KYC information with their banks.

The KYC Registry is an online portal for financial institutions to exchange institutional KYC due diligence information. The platform allows banks to share KYC data and documents with their correspondents in a secure, standardized, and controlled way, as well to get access to their correspondents’ complete and validated KYC profiles.

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SWIFT to open KYC platform to corporates

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Interested in writing for CW?

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur.

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SWIFT to open KYC platform to corporates

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Interested in writing for CW?

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur. googletag.cmd.push(function() { googletag.display('div-gpt-ad-B'); });

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Ex-Wells Fargo exec to pay $5M in SEC settlement over fake accounts

OCC pledges harder stance on banks that allow weaknesses to fester

OneMain Financial fined $4.25M in NYDFS cybersecurity case

No comments yet

Only registered users can comment on this article.

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur.