Courses in Mastering Best Practice in KYC
London, United Kingdom
DURATION
2 Days
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
11 Nov 2024
TUITION FEES
GBP 1,975
STUDY FORMAT
On-Campus
Scholarships
Explore scholarship opportunities to help fund your studies
Introduction
Identify & mitigate your risks and ensure compliance with a strong customer due diligence structure.
Our market-leading course is full of recent examples of KYC/KYN/UBO issues and shows delegates the tricks played by criminal networks to hide identities as well as best practices and effective methods of uncovering these identities.
This will help protect organisations from regulatory risk and enable delegates to learn and practice new skills in this area.
Curriculum
Day 1
- Know Your Customer/Client/Network
- Know Your Customer/Client – the 4 Stages
- Sources of Traditional Data and Using Technology
- Using Client Indicators to Identify Individuals & Networks
Day 2
- Finding the UBO/Controller
- What do we mean by ‘Offshore’?
- Remediation and Post-Onboarding Issues
Case studies and practical sessions
This course is packed with practical sessions. Here are some from just one of the days of training:
- Know Your Customer/Client/Network
- Why is it important?
- The Regulatory Framework
- Know Your Customer/Client – the 4 Stages
- ID&V
- KYC
Program Outcome
Learning Objective
Attend this course and you will be able to:
- Examine the regulatory and legal obligations to knowing your customer
- Recognise the steps needed to identify who a bank is dealing with and the challenges associated with hidden identities
- Analyse traditional data in the KYC process and how innovative technologies can help.