NEW ! Customer Due Diligence (CDD) and Know Your Customer (KYC) for Regulated Entities

€90.00

  • 4 CPD Hours
Customer due diligence (CDD) and Know Your Customer (KYC) are at the heart of Anti-Money Laundering (AML). In today’s demanding environment, is required for the service providers in order to comply with AML/KYC requirements, to establish that their clients are who they say they are and have been transparent about the nature of their business. The inadequacy of customer due diligence can lead an organization to the facing of significant risks such as reputational, operational, legal risks and sanctions.
The seminar is addressed to AML/Compliance Officers, Heads of Compliance Departments, Heads of Risk Management Departments, Heads of AML Departments, Back-office Staff, Compliance Staff, Risk Management Staff, AML Staff, Internal Auditors, External Auditors, Executive Directors, Non-Executive Directors, Regulatory Compliance Advisors/Consultants, Corporate service providers, Funds and Fund Managers, FX, Binary Options and Ifs employees, Bankers.

Presenter

Thanos Christou

Thanos is a Corporate Lawyer and AML compliance Officer and a member of the Cyprus Bar Association. He graduated from the Law School of Democritus University of Thrace and completed his studies in the United Kingdom obtaining an LLM in Corporate Law and Finance. He is also a Certified Anti- money Laundering Compliance officer by the Cyprus Securities and Exchange Commission (CySEC) as he is a holder of CySEC AML Certification, and a Nominated Advisor (NOMAD) for the Emerging Companies Market of the Cyprus Stock Exchange.  Currently, he is at the procedure of his appointment as a Professional Member of the  International Compliance Association and he is completing his studies for the ICA International Diploma in Anti Money Laundering – Int.Dip(AML).

His specialization is in the areas of Corporate and Business Law, Contract Law and Anti- money Laundering Compliance issues and he has participated in a number of prestigious projects in his areas of his expertise both in Cyprus and abroad. He has also been invited to present topics by the Cyprus Bar Association and the European Law firm representing Cyprus in global conferences.

Outline

SEMINAR PROGRAMME

• The Definitions of customer due diligence (CDD) and Know Your Customer (KYC)
• When should CDD measures be applied?
• Procedures for the prevention of ML and TF
• The relationship between customer due diligence (CDD) and Risk based approach
• Identification procedures and customer due diligence (CDD)
• Customer risk factors: Product, service, transaction or delivery channel risk factors
• Geographical risk factors
• Simplified Customer Due Diligence (SDD)
• Certain low risk indicators
• Enhanced Customer Due Diligence (EDD)
• The reason and purpose of enhanced due diligence (EDD) for politically exposed persons (PEP)
• Certain High-Risk Indicators
• Ongoing Monitoring
• Review of the KYC and CDD Requirements
• Reliance on third parties

You Receive

  • Pre-Recorded Videos

  • Short Quizes

  • Seminar notes

  • 24/7 access to our online platform

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