Regulatory Alerts2022-11-27
Biometric Authentication for Remote Customer Relationship Initiation/Establishment
The Central Bank mandates biometric authentication for initiating or establishing customer relationships remotely, requiring financial institutions to verify individual identities using reliable and independent information sources. This directive ensures that all remote onboarding processes maintain strict quality standards for customer data and authentication mechanisms. Institutions must align their operational procedures with these instructions to guarantee secure, high-quality remote customer interactions.
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