The Bangko Sentral ng Pilipinas recently issued Circular No. 1112 requiring banks to observe due diligence in the recruitment of their personnel under the Know Your Employees (KYE) rule.This is a reinforcement of the existing Know Your Customer (KYC) rule which obligates banks to perform thorough checks on their customers ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/27/know-your-employees-kye/?utm_source=rss&utm_medium=rss&utm_campaign=know-your-employees-kye)