Open AccessNew Approaches in applying risk-based approach in customer due diligence
Author(s) -
Victor Dostov,
Pavel Shust,
А. Д. Козырева
Publication year - 2018
Publication title -
strategičeskie rešeniâ i risk-menedžment
Language(s) - English
Resource type - Journals
eISSN - 2618-9984
pISSN - 2618-947X
DOI - 10.17747/2078-8886-2017-6-16-21
Subject(s) - due diligence , identification (biology) , face (sociological concept) , business , risk analysis (engineering) , authentication (law) , inclusion (mineral) , financial services , computer science , computer security , finance , social science , botany , sociology , biology , gender studies
The paper presents comparative analysis of global approaches to customer due diligence in financial services based on risk-oriented approach and global afford of implementing the financial inclusion policy. Our analysis shows that international practice tends not distinguish between remote and face-to-face identification. Collection of identifying information is being supplemented by the search of new authentication methods, e.x. confirming client’s identity using various sources of information.