What is Connaissance du client?
In this glossary, Connaissance du client refers to: The process of verifying the identity of clients and assessing their suitability, risks, and background to comply with anti-money laundering and counter-terrorism financing regulations.
How is Connaissance du client used in finance?
In finance communication, this term appears in contexts such as: "Les institutions financières doivent appliquer des procédures de connaissance du client."
Why does Connaissance du client matter in finance?
Connaissance du client matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Connaissance du client?
Connaissance du client is mainly used by Financial Analysts, Bankers, and Traders.
What category does Connaissance du client belong to?
In this glossary, Connaissance du client is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.
