Know Your Customers? Or Protect Their Privacy?

KYC/AML requirements conflict with other regulations aimed at limiting how much data firms mine for fulfilling those disclosure rules. Joanna Wright reports

Laura Glynn, global regulatory affairs manager, Fenergo

It can be disconcerting to think about the kind of information that companies might have about you—your identity, address or passport number, for instance—and what this information could be used for if it happened to fall into the wrong hands.

But financial services firms in the capital markets collect, store and process this data for good reason. They need to do business with individuals, whether in the individuals' own right or as representatives or owners of other legal entities.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: