This video series looks at:
- An overview of Customer Due Diligence (CDD) obligations under the AML/CTF regime
- Initial CDD requirements, including collecting and verifying KYC information for individuals and companies
- How to identify customers, beneficial owners, representatives, and assess ML/TF/PF risk
- When enhanced CDD is triggered and what additional measures are required (e.g. source of funds and wealth)
- Ongoing CDD obligations, including transaction monitoring and updating customer risk profiles
- The different levels of CDD: simplified, standard (minimum), and enhanced
- Practical steps for managing risk, identifying unusual activity, and maintaining compliance over time
