This training program will examine how to manage the AML/KYC compliance risk, which is a critical element in a robust BSA/AML compliance program. It will also explore customer identification and on-boarding and CDD/EDD/on-going risk based monitoring.
This webinar will explore why gathering the required information for the Customer Identification Program is a good start, but knowing what the customer plans to do with the account and actually does with it is also critical to managing customer risk.
Areas Covered in the Webinar:
KYC: What the Law Requires
Customer Identification and On-boarding
The Customer BSA/AML Risk Assessment
CDD/EDD/On-going Risk Based Monitoring
The Customer Activity Profile
If the Customer Really is Laundering/Financing Terrorists