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.
- 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
- Transaction Monitoring
- If the Customer is Laundering/Financing Terrorists
Your Expert Instructor
William Schlameuss has over 20 years’ experience in regulatory compliance, including BSA/AML/OFAC. He has worked with a wide range of US branches of major foreign banking organizations from all continents, both as chief compliance officer and compliance consultant. He has a prior background in IT as manager and implementer of core banking and payment systems, as well as compliance-related systems.