In this course we will be discussing so many definitions in the KYC/AMLfield, Know your customer definition and difference between EDD, CDD and EKYC, Identification and verification requirements for main client and associated parties and required documents for each party, Public source and how to use them in your KYC review, identification of nature of business and relation with source of fund and requirements for a completed description of nature of business, Source of fund and wealth and difference between them and which documents to request from client to verify these requirement, Ownership types and how to deal with them and ID&V for UBOs

Screening and the importance in detecting negative news and black list names, Sanction and countries to look for when conducting CDD review,

Definition of PEP and type of review that would be required for such person, Client legal types such as sole trader from perspective of definition and requirement for ID&V, Red flags and how they increase the risk rating of the profile and finally we go through the risk assessment and assigning a proper risk rating for clients.

The AML org chart and the role of KYC analyst inside the organization, alongside the quality checker position and their position within the hierarchy.

The main purpose of the course is to encourage students to gain useful knowledge that will allow them to land a decent job in the compliance field, also to provide one comprehensive source to prepare for interviews.