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MINUTES OF THE REGULAR MEETING CUYAHOGA VALLEY CAREER CENTER BOARD OF EDUCATION Thursday, April 24, 2014 6:30 p.m. The meeting was called to order at 6:34 p.m. with the Pledge of Allegiance to the
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Kitson mrs stands for 'Know Your Customer, Information on Technology Systems on Money Robots and Schemes'. It is a compliance requirement for financial institutions to gather information about their customers to prevent money laundering and terrorism financing.
Financial institutions such as banks, insurance companies, and investment firms are required to file kitson mrs.
To fill out kitson mrs, financial institutions need to collect information about their customers such as their identity, source of funds, and purpose of transactions.
The purpose of kitson mrs is to help financial institutions identify and prevent money laundering and terrorism financing activities.
Information such as customer's identity, source of funds, and purpose of transactions must be reported on kitson mrs.
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