KYC Registry (Dictionary Entry)
Contexts | Finance |
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Term | KYC Registry |
Alternative Forms | N/A |
Definitions | A centralized repository of CDD records of customers in the financial sector. |
Related Terms |
Quotes
KYC Registry: A KYC Registry refers to a centralized repository of CDD records of customers in the financial sector. It allows inter-usability of the CDD records across the sector with the objective to reduce the burden of producing CDD documents and getting those verified each time the customer creates a new relationship with a financial entity.
(World Bank Group and GPFI, 2018, p. viii)
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