New Approaches in applying risk-based approach in customer due diligence
https://doi.org/10.17747/2078-8886-2017-6-16-21
Abstract
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.
About the Authors
V. L. Dostov
Russian Electronic Money Association, Russian Academy of National Economy and Public Administration
Russian Federation
Ph.D. Physics and Mathematics, President of the Russian Electronic Money Association, Head of Department, Faculty of Banking and Finance, Russian Academy of National Economy and Public Administration
Russian Federation
Ph.D. Physics and Mathematics, President of the Russian Electronic Money Association, Head of Department, Faculty of Banking and Finance, Russian Academy of National Economy and Public Administration
P. M. Shust
Russian Electronic Money Association, Russian Academy of National Economy and Public Administration
Russian Federation
Ph.D. Political Science, Executive director of the Russian Electronic Money Association, research associate, Faculty of Banking and Finance, Russian Academy of National Economy and Public Administration
Russian Federation
Ph.D. Political Science, Executive director of the Russian Electronic Money Association, research associate, Faculty of Banking and Finance, Russian Academy of National Economy and Public Administration
A. D. Kozyreva
International Banking Institute
Russian Federation
PhD student at Faculty of Banking business and Innovative financial technologies, International Banking Institute
Russian Federation
PhD student at Faculty of Banking business and Innovative financial technologies, International Banking Institute
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Review
For citations:
Dostov V.L., Shust P.M., Kozyreva A.D. New Approaches in applying risk-based approach in customer due diligence. Strategic decisions and risk management. 2017;(6):16-21. (In Russ.) https://doi.org/10.17747/2078-8886-2017-6-16-21
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