Analyzing Cultural Differences in Naming Conventions to Strengthen KYC/CDD Oversight

Financial institutions and other reporting entities are required to undertake KYC/CDD on all their customers, related parties and counterparties, as part of KYC/CDD name (or media) screening is undertaken to identify any financial crime risk. But is the name in the commercial database or open sources your customer’s?  In this webinar, we will discuss various foreign naming conventions in our multicultural world and share practical tips to assist in the determination that there is a true name match against the names screened.