When working with and discussing Know Your Customer (KYC), it's easy to forget that we do not do this for regulators.

We do it to prevent real, ugly crime.

I recently read the new report from Financial Action Task Force (FATF): Detecting, Disrupting, and Investigating Online Child Sexual Exploitation.

It was a stark reminder of the importance of our work in Financial Crime prevention.

Every click, every form and every procedure we implement in KYC isn't just about Compliance.

It's about protecting the vulnerable.

It's about dismantling networks that profit from unimaginable harm.

In the world of KYC, we often focus on it as a burden.

But sometimes, we need to step back and remind ourselves of the human impact.

We are not just ticking boxes or pushing papers.

We are standing on the frontline of justice.

Here are a few insights from the report that struck me:

→ Online child sexual exploitation is a global crime with devastating effects.

→ Financial institutions have a critical role in identifying suspicious activities.

→ Collaboration among sectors is key to disrupting these heinous crimes.

For those interested, I'm sharing the report's PDF.

Dive into it and understand the gravity of the fight we are all part of.

Remember, every effort counts.

Every alert could be a child's salvation.

What are your thoughts on the role of KYC in combating such crimes?

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