O F F I C E V A U L T

Know-Your-Customer (KYC) legislation has been introduced in most major financial centers across the globe. Such legislation is driven by recommendations and standards set by the Financial Action Task Force (FATF). The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.