Know your client: Difference between revisions

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{{a|devil|}}Yes, yes yes there’s the worldwide [[Anti-money laundering|military-industrial complex dedicated to rooting out money laundering]] — let’s not get drawn into the debate as to whether ''legalising drugs'' might be a better policy response than systematically pariah-ising large sections of the emerging world economy and depriving them of access to the developed world’s capital markets — this is about ''actually knowing your clients''. Having a good relationship with them, speaking to them, understanding their business, their expectations and their challenges, as a practical means of managing the risks, and opportunities, they present to your business.
{{a|devil|}}Yes, yes yes there’s the worldwide [[Anti-money laundering|military-industrial complex dedicated to rooting out money laundering]] — let’s not get drawn into the debate as to whether ''legalising drugs'' might be a better policy response than systematically pariah-ising large sections of the emerging world economy and depriving them of access to the developed world’s capital markets — this is about ''actually'' knowing your clients, in the sense of being “authentic”. Having a good relationship with them, speaking to them, understanding their business, their expectations and their challenges, as a practical means of managing the risks, and opportunities, they present to your business.
 
“[[Authentic]]” is, in modern management dialectic, an ugly adjective, but only on account of the fatuous nouns to which it is applied. The more you talk about authenticity, in the main, the more you tend to disingenuity.


This spills over to a number of Devil’s advocate themes: communication and persuasion; [[plain English]]; data; tech.
This spills over to a number of Devil’s advocate themes: communication and persuasion; [[plain English]]; data; tech.