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More stringent know-your-customer requirements set to take effect across the EU two years from now will lead to friction between financial services companies and their clients, France's central bank warned Tuesday. France's Comite Consultatif du Secteur Financier, or CCSF, a branch of Banque de France, concluded in a 74-page report that by requiring more voluminous and more regularly updated KYC records, the EU's pending, bloc-wide AML regulation will burden not only banks and other financial institutions, but also their customers. "The new European rules should lead us to anticipate a surge in irritation and misunderstanding," CCSF warned in the report....