This interactive short course, written by subject matter experts, explores the key customer due diligence (CDD) concepts.
Suitable for new entrants in CDD roles, those who wish to learn more about CDD, and anyone whose role involves managing risk in the CDD process.
By the end of this course, you will be able to:
- Understand the CDD requirements for private persons and legal entities and explain why documentary evidence is crucial in KYC
- Detail the key elements of a customer profile and its role in identifying risks
- Investigate the purpose of the customer’s engagement within your firm
- Appreciate the dynamics of beneficial ownership and control and how you may need to investigate layers of ownership
- Understand the importance of continuous monitoring and timely screening of customer transactions
