You’re given a client for me it was a company. We called them Ultimate Parents because they owned multiple company’s underneath them which are called subsidiaries. Your job is to keep the clients profile up to date to determine the risk level either it be high or low. KYC is crucial because we needed to conduct independent research on the client to determine their risk to the bank. It was a lot of tuning out with music while browsing the web for any information on the client that would compete the profile.