KYC (Know Your Customer)

Definitie

Know Your Customer (KYC) refers to the process of verifying the identity and assessing the risk profile of clients. For trustees, KYC involves identifying the settlor, beneficiaries and other relevant parties, verifying the source of funds and understanding the purpose of the trust.

Context

Deze term wordt veelvuldig gebruikt in de context van trustadministratie in Zwitserland. Het begrijpen van dit concept is essentieel voor internationale families, ondernemers en juridische professionals die truststructuren geadministreerd vanuit Zwitserland overwegen of beheren.

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