Summary

This course provides finance professionals with the knowledge and tools required to identify, assess, and mitigate customer risks in compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations.

This course is one of several courses within the Certificate in Know Your Customer. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Course Objectives

• Understand the principles of customer risk assessment in relation to anti-financial crime regulations
• Identify key risk factors related to customer profiles, geographic locations, industries, and transaction patterns
• Conduct customer risk assessments to categorise clients as low, medium, or high risk
• Implement Enhanced Due Diligence (EDD) for high-risk clients and situations

Course Structure

• Section 1: Introduction to Customer Risk Assessment
• Section 2: Key Risk Factors in Customer Risk Assessment
• Section 3: Enhanced Due Diligence (EDD) for High-Risk Customers
• Section 4: Case Studies
• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning.  Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.