Course Description

This training provides a practical overview of Know Your Customer (KYC), Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) processes for high-risk customers and businesses.

Participants will learn how to identify, assess, and manage elevated risk profiles in accordance with regulatory requirements. The session covers red flags, documentation expectations, and best practices for mitigating financial crime risks associated with high-risk individuals and entities.

Agenda:

• Overview of KYC, CIP, CDD, and EDD requirements and objectives

• Identifying and assessing high-risk customer profiles

• Red flags and warning signs of suspicious activity

• Documentation standards and regulatory expectations

• Best practices for ongoing monitoring and risk mitigation