As technology and data reshape the financial landscape, and financial crime continues to evolve, possessing knowledge and foresight can provide a distinct advantage.
So, if you are a Payments Institution, Fintech, or a traditional bank looking to have an edge in the coming year. we invite you to participate in our live virtual training sessions.
Join us as we will shed light on how to improve your firm’s Know Your Customer (KYC) and anti-money laundering (AML) systems to manage AML and other financial crime risks effectively. The training is designed to equip delegates with practical skills and knowledge to bolster KYC and AML compliance processes to reduce costs, improve customer experience, and uphold regulatory standards in this dynamic financial environment.
Webinar 1: Effective Know Your Customer & Customer Due Diligence (KYC & CDD)
Thursday, 14th December 2023; 10:30 am – 2:30 pm GMT
Course Description
Our KYC and CDD training will help both new and experienced professionals capture good-quality customer information, serving as the bedrock of a firm’s anti-money laundering (AML) and compliance risk management and digital transformation. This course is designed to help delegates understand core KYC/CDD concepts, requirements, and frameworks and learn how to implement effective KYC/CDD processes. The training session will integrate a mix of content input, interactive discussions, and real-life case studies.
What topics will be covered?
- The rise of technology and its impact on KYC/CDD procedures; the regulatory context.
- International and local AML/CTF regulatory frameworks.
- Regulations and industry guidance allied to CDD & firms’ CDD obligations.
- Digital identity requirements, remote onboarding, and eKYC procedures.
- Due Diligence across customer types, EDD, open-source Intelligence (OSINT), and practical tips on risk-based due diligence on corporate customers, beneficiary owners, third parties, and respondent banks.
- KYC/CDD refresh and Perpetual KYC.
- Ensuring consistency in KYC standards and elements of quality customer data, CDD versus Data Protection, Privacy, and better Data Management.
- In-depth case study exercises on complex corporate structures, PEPs, and high net-worth customers and third parties.
Who should attend?
Relationship Managers, KYC/CDD analysts, compliance KYC/CDD escalation and review teams, and frontline operational staff and team leaders in KYC/CDD roles in banks, FinTechs, telcos, law firms, real estate, and other financial institutions subject to AML regulations. Training is also ideal for new entrants in KYC/CDD roles and job seekers within the financial services industry.
Cost: GBP150.00
Click here to register.
Webinar 2: AML/CTF and Transaction Monitoring Training
Friday, 15th December 2023; 10:30 am – 2:30 pm GMT
Course Description
Stay ahead of evolving financial regulations and the digital banking and payments landscape. Safeguard your institution against financial crimes with our specialized training program, designed exclusively for West African banks and FinTech professionals. The training offers comprehensive insights into compliance strategies and cutting-edge transaction monitoring techniques. Delegates will gain knowledge and skills in designing effective AML/CTF risk management processes.
What topics will be covered?
- AML/FinCrime Regulatory Landscape: Gain a deep understanding of the current trends in AML/CTF regulations specific to your jurisdiction and international standards and best practices.
- AML Concepts and Requirements: Understand current money laundering, terrorist financing, sanctions, bribery and corruption legal and regulatory requirements.
- Firm’s Vulnerabilities and Risk Assessment: Learn how to assess and manage AML/CTF risks tailored to your business’s profile and adopt a risk-based approach.
- Customer Due Diligence (CDD): Explore how to develop robust CDD processes to identify and verify high-risk customers effectively.
- Transaction Monitoring & Role of Artificial Intelligence: Examine how TM systems powered by AI and machine learning can enhance transaction monitoring, name and payments filtering, sanctions screening, and alert case management processes.
- Practical Workshops: Training will be interspersed with hands-on workshops, case studies, and group discussions, providing practical insights throughout the course.
Who should attend?
Professionals in banks, non-bank financial institutions, FinTechs, Designated Non-Financial Businesses and Professions (DNFBPs), telcos, and mobile money operators with financial crime compliance programs, as well as job seekers within the financial services industry.
Cost: GBP150.00
Opsel is an accredited CPD training provider.
A Certificate of Attendance will be provided, allowing you to claim CPD points for each completed training activity.
Click here to register.
