It has never been more important to have robust controls and procedures in place to Know Your Customer (KYC). Adequate due diligence on new and existing customers is a key part of these controls. Without this due diligence, your firm can become subject to reputational, operational, legal and financial risks.
This qualification has been designed for KYC Analysts and professionals who manage risk in the Customer Due Diligence (CDD) process. The only professional qualification in practical CDD, this course will help you make sound judgements and pinpoint areas of potential risk.
This qualification is awarded in association with Alliance Manchester Business School, the University of Manchester.
Outcomes and success criteria of KYC
Identification and verification
Understanding the customer
Understanding the relationship
Understanding the control structure of the entity
Enhanced due diligence
This course is open to anyone who is interested in furthering their CDD knowledge and skills, however, holding some relevant business experience will allow you to take full advantage of the course. The content of the programme requires students to possess:
The course is assessed by a three hour examination (including reading time) which comprises multiple choice questions and short form written response questions (including a section where you will be provided with a set of CDD documentation and asked to assess the information/respond to questions based upon them.)
In order to study any ICA course you will need to become a member of ICA.
|ICA Membership Fee||£102|
|Course Fee**||£1725 (+VAT)|
All costs are (+ VAT or local taxes if applicable).
Visit International Compliance Training's website, our dedicated training partner, for information on the locations and dates for this course.