End-To-End KYC
Course Details
- Basics of Banking.
- Global scenario of money laundering and financial crime.
- Concepts of Anti Money Laundering and Counter - Terrorist Financing.
- Global Regulation (Bank Secrecy Act, EGMONT Group, FINCEN, FATCA-CRS, Anti bribery and corruption) and its frame work. Concept of Due Diligence and KYC.
- Client behaviour and red flags.
- Sanctions: Countries, Targets, Entities/Individuals and Sanctions screening.
- Politically Exposed persons (PEPs) and Screening.
- Adverse media Hits and discounting – Financial Crime, Bribery, Corruption, Money Laundering, Terrorism, etc.
- Concept of Beneficial ownership (UBOs/IBOs) and different ownership structure.
- Understanding of customer risk and review methodology. Customer Risk classification (High Risk, Medium Risk and Low Risk).
- Global Minimum Standards and Country Specific Standards (EMEA, APAC, MENA and AMER)
- Review types – Client Onboarding, Regular Review, Remediation, Event Driven Review etc.
All Entity types such as Private entities, stock market listed entities, Regulated entities/Banks, Government entities, Trust, Foundations, Charities, Collective investment schemes/Funds, SPVs, Correspondent Banking and Trade Finance, Fintech, Money Service business, Gambling, Crypto etc.
Training Duration
- 40 hours/5 days extensive training program
- Graduates (any discipline).
- Postgraduates (any discipline).
- Professionals from any industry/domain.
- Freshers out of university/college.
- Final Year graduate/Postgraduate students.
- Retail bankers.
- Commercial Bankers.
- Relationship Managers/Sales Professionals.
- Accountants / Bookkeepers.
- Solicitors/Lawyers.
- Individuals on a career break.
- Anyone looking for a Career Transformation/ Career Change.
- We adopt a blended learning technique to include theory with real scenarios and examples/Case studies.
- Guest speakers from all over the world who are Industry experts.
- Detailed industry overview, question & answer sessions coupled with dynamic delivery of some of the real scenarios in the areas of Financial Crime and Money Laundering.
- Practical sessions help the students to understand the Region/Country specific AML/KYC requirements
- Regular Industry updates
- Enable students to perform the job role from ‘Day One’ once they are absorbed by the industry.
- Detailed course material.
- Live online/classroom-based training – 40 Hours.
- Session recording.
- Flash Cards.
- Test your knowledge questions.
- Practice entities/Case studies.
- Interview preparations and mock.
- CV building tips.
- Assessment and certification.
- Connecting with Recruiters.
- Lifetime membership of ReTRRAC Global network group
- Continued support through knowledge enhancement sessions / current updates.
