Kyc Foundations For Managing Financial Risk

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Description of Kyc Foundations For Managing Financial Risk

What you'll learn
Understand the foundational concepts of KYC/CDD
Be aware of the relevance of KYC/CDD in practice
Differentiate between and characterize KYC/CDD
Understand key KYC/CDD laws and regulations
Comprehend global regulatory KYC/CDD frameworks
Differentiate between key international legislative bodies and standard-setters
Be aware of risks associated to KYC/CDD from an organizational perspective
Identify organizational KYC/CDD risk management and risk mitigation principles
Understand how to conduct an KYC/CDD activities effectively in practice
Identify indicia for potential suspicion with regards to KYC/CDD
Requirements
To participate in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.).
Although this is helpful, you will need no previous knowledge in compliance or anti-financial crime.
A background in business, legal, or finance might also be beneficial but is not required.
Description

Overview
Section 1: Introduction to this Program
Lecture 1 Thank You & Welcome
Lecture 2 Introduction
Section 2: Introduction to Know Your Customer
Lecture 3 Introduction to this Module
Lecture 4 What is Know Your Customer? What is Customer Due Diligence?
Lecture 5 Why is KYC/CDD Important?
Lecture 6 Relevance of KYC/CDD for Compliance and Anti-Financial Crime
Lecture 7 KYC/CDD for Organizational Risk Management
Lecture 8 Who is Your Customer? Definition of Customer and Types of Customers
Lecture 9 Case Study ? Fines on Banks Due To Non-Compliance of KYC Requirements
Lecture 10 Module Summary
Section 3: Overview of relevant KYC/CDD Laws and Regulations
Lecture 11 Introduction to this Module
Lecture 12 Financial Action Task Force - Overview of Relevant KYC/CDD Recommendations
Lecture 13 Wolfsberg Group - Overview of Relevant KYC/CDD Guidance
Lecture 14 United States - Overview of Relevant KYC/CDD Laws & Regulation
Lecture 15 European Union - Overview of Relevant KYC/CDD Laws & Regulation
Lecture 16 United Kingdom - Overview of Relevant KYC/CDD Laws & Regulation
Lecture 17 Hong Kong & Singapore - Overview of Relevant KYC/CDD Laws & Regulation
Lecture 18 Case Study: Role of Financial Action Task Force in Prevention of ML/TF
Lecture 19 Module Summary
Section 4: Organizational KYC/CDD Measures and Core Principles
Lecture 20 Introduction to this Module
Lecture 21 KYC/CDD in the Customer Lifecycle: Onboarding, Ongoing, Event-Driven, Exit
Lecture 22 The Risk-Based Approach to KYC
Lecture 23 Overview of key risk categories
Lecture 24 Levels of Due Diligence: Simplified, Regular, and Enhanced
Lecture 25 Customer Identification and Customer Verification
Lecture 26 KYC/CDD for Persons vs. Legal Entities
Lecture 27 Nature and Purpose of the Relationship
Lecture 28 Beneficial Ownership and Control
Lecture 29 Relevant KYC Red Flags: Politically Exposed Persons, Shell Companies, etc.
Lecture 30 Case Study: Performance of Simplified Due Diligence to Open an Account
Lecture 31 Module Summary
Section 5: The KYC/CDD Process in Practice
Lecture 32 Introduction to this Module
Lecture 33 Overview of the 4-Step KYC Process
Lecture 34 Step 1: Assess
Lecture 35 Step 2: Explore
Lecture 36 Step 3: Organize
Lecture 37 Step 4: Present
Lecture 38 Case Study: Performing 4 KYC Steps for a Prospective Business Customer
Lecture 39 Module Summary
Section 6: Completing the Program
Lecture 40 Course Summary
Lecture 41 Get Your Certificate of Completion issued by the Financial Crime Academy
Compliance professionals that want to acquire a solid understanding of KYC/CDD,Risk management professionals that want to effectively manage KYC/CDD risks,Ambitious KYC/CDD compliance personnel looking to broaden knowledge and skills,Career starters seeking career opportunities in the KYC/CDD and compliance industry