Solving The Identity Crisis

Prudential Financial's homegrown Customer Identification Program solution answers the question behind the USA Patriot Act's Rule 326: Do you really know your customer?

Steven Little’s team has two major jobs at Prudential Financial. First, explains Little, they have to ensure that that all new accounts are 100 percent Al Qaeda-free. Second, to keep their bosses from enjoying long vacations at Club Fed’s Danbury, Conn. resort for violating Rule 326 of the USA Patriot Act, which comes into full effect on October 1.

Rule 326, also known as the ‘Know Your Customer Rule’, mandates that all financial institutions covered under it have Customer Identification

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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