Customer Due Diligence: AML Controls and Procedures | Compliance Online Course by Udemy

Finance & Accounting Online Course by Udemy, On Sale Here

KYC, CDD, EDD & AML Risk Inclusive

An excellent training about Compliance

Customer Due Diligence: AML Controls and Procedures

This is a threetopic course compressed into a three-part module course plus one making it four (4) courses. These will extensively address the followingWhat KYC is, as defined extensively Why KYC isnecessary, why financial institutions likebanks, insurance companies and others are easy AML targets Learn the importance of KYC as advisedby local and international standard settersWhat KYC aims to achieve. Why financial institutions must go beyond just identifying their customers to familiarising themselves. Whythis is necessary. Learn also about the KYC guideUnder CDD, we will defineCDD, and draw a line between KYC and CDD. We will also explain why CDD is Importance and what best standards are availableEnhanced Due Diligence (EDD) -what is it all about and when is it applied, how do you de-escalate enhanced risk etcLearn about recordkeeping and its relevance to CDD/EDD processes. What financial records are expectedto bekept etcWe will examine the essentials of a proper KYC/CDD strategy and why we need to have a good strategyin placeAnd lastly, we willexamine AML risks in details – Region, Product, Customer Transaction.

Udemy is the leading global marketplace for learning and instruction

By connecting students all over the world to the best instructors, Udemy is helping individuals reach their goals and pursue their dreams.

Study anytime, anywhere.

START HERE