Stefanie Yuen Thio was interviewed in Lianhe Zaobao by Poh Lay Hoon.

This regular column focused on the risks of money laundering and how individuals and businesses can guard against them.

Stefanie was quoted saying that an effective Know Your Customer (KYC) procedure requires a certain degree of response wisdom, public awareness and business sensitivity. She also advises relationship managers and real estate agents to understand their clients’ businesses, consider if the money made is reasonable and think about the logic behind what clients say.