KYC Registry (Dictionary Entry)

Owned by David Doret
Last updated: 11-29-2020
1 min read

Contexts

Finance

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)

Bibliography

See Also

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