Deferred verification
Establishing a relationship before verification is complete — permitted only where deferral is essential to avoid interrupting normal business, risk of ML/TF is low and manageable, bank-account safeguards exist, and…
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series IFSCA-01← All terms