Glossary

Know Your Business (KYB)

Know Your Business is the due diligence review of your business and industry which when reviewed against Money Laundering techniques allows you to develop policies and assess suspicious activities or transactions.

Related Terms

  • Safe Harbor

    Under SEC rules, safe-harbor provisions protect management from liability for making financial projections and forecasts made in good faith.

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  • BIS Denied Person list

    The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce is responsible for the regulation of exports for national security, foreign policy, and nonproliferation reasons, as well as the enforcement of those...

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