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Know your customer

Know Your Customer
Know your customer, or "KYC" refers to guidelines of securities regulators that require each broker to know your customer.

Know your customer (KYC) is the due diligence and bank regulation that financial institutions and other regulated companies must perform to identify their clients and ascertain relevant information pertinent to doing financial business with ...

Know Your Customer
Securities industry ethics established by exchange rules, NASD Rules of Fair Practice and other authorities regulating broker-dealer practices.

Know your customer
An ethical foundation of securities brokers that an adviser who recommends the purchase or sale of any security to a customer, must believe that the recommendation is suitable for the customer, ...

KYC - Know Your Customer / Client - A standard form in the investment industry that ensures investment advisors know detailed information about their clients' risk tolerance, investment knowledge and financial position.

Know your customer
Public liability
Data Room, Virtual Data Room
Model audit
Bias ratio (finance)
Operational Due Diligence (ODD)
Management due diligence
Foreign Corrupt Practices Act
Integrity Management ...

Know Your Customer (KYC) Best practices policy used to perform enhanced due diligence. It is applied to determine the identity of a customer, define an account's normal business and identify behavior that deviates from this norm.

2. Know Your Customer
Before you write the first word, create a profile customer.
Is it a techno-peasant housewife or an IT company executive?
Income range?
Age?
Sex?
In a hurry?

"The secret tis to know your customer. Segment your target as tightly as possible. Determine exactly who your customers are, both demographically and psychographically. Match your customer with your medium.

See: Know your customer. New European Exchange (NEWEX) A trading market for Central and East Eurpoean securities established by the Deutsche B&#ouml;rse (German Stock Market) and the Wiener B&#ouml;rse (Austrian Stock Market) in 2000.

See: Know your customer. New high/new low A stock valued at its highest or lowest price in the last year.

RULE 405 " NYSE's "Know Your Customer" rule.
RULES OF FAIR PRACTICE " NASD rules relating to a broker/dealer's transactions with the public. Every exchange and securities association has a similar set of rules.
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A broker's document including information about a new client. See: Know your customer.
New European Exchange (NEWEX) ...

New account report
Definition: [crh] A broker's document including information about a new client. See: Know your customer.

New account report
A broker's document including information about a new client. See: Know your customer.

Know Your Customer A guideline stated or implied by various securities regulatory bodies, requiring... KPW The ISO currency code for the North Korean Won. Learn more about North Korea and the North Korean Won at GoCurrency.

Know Your Customer Ethical guideline recognized by most regulatory authorities that states a broker-dealer must ascertain certain basic information about a client prior to opening an account. Return to top
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Rule 405 NYSE codification of "know your customer" rules, which require that a customer's situation is suitable for any investment being made.

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Topic: Business