KYC Level 1 Assessment

Listed below are controls of Customer Due Diligence

______ is giving information (usually to the authorities) about illegal and underhand practices.

In compliance terminology, red-flag means?

______ is defined as an internal system encompassing policies, processes and people, which serves the need of shareholders and other stakeholders, by directing and controlling management activities with good business savvy, objectivity accountability and integrity.

What are the Pillars of Corporate Governance?

Good corporate governance is about raising the bar of compliance. It is not about just ticking a box. It is about doing the right thing because you are convinced of it; then inspiring a culture of good practice through leadership.

Approaches to Corporate Governance includes:

_____ is when an individual's private interest interferes in any way or even appears to interfere with the interests of the corporation as a whole.

Who are the Corporate Governance Stakeholders?

Common types of conflicts include;