BANK CUSTOMER ASSESSMENT: ECONOMIC, LEGAL AND TECHNOLOGICAL ASPECTS

Abstract

The presented scientific article is devoted to the study of the functioning of the «Know your Customer» platform, implemented by the Bank of Russia in order to increase the transparency of banking operations. The analysis of the structure of doubtful transactions in banks for two periods: the first half of 2020 and the first half of 2021. The process of introducing the «Know Your Customer» platform into action from the standpoint of legal and technological support has been studied. The groups of clients subject to high, medium and minimum risk levels are considered in detail and their detailed characteristics are given. A study of suspicious transactions was conducted. The mechanism of interaction between the regulator, banks and their clients within the framework of the «Know your Customer» platform has been studied. The algorithm of information and technological interaction of banks with the Central Bank of the Russian Federation is presented. The main advantages that allow banks, the regulator and clients of banking organizations to optimize their activities within the framework of compliance with the requirements on countering the laundering of proceeds from crime have been identified.