What are the 4 pillars of KYC?

Customer Identification, Customer Due Diligence, Monitoring, and Record Keeping.

What are the 3 components of KYC?

Customer Identification, Customer Verification, and Risk Assessment.

. What are the 4 keys of KYC?

Identity Verification, Risk Profiling, Customer Monitoring, and Compliance Reporting.

Wednesday, June 25

KYC Fundamentals

A crash course on the basics of KYC (Know Your Customer) in person - don't miss out!

By Training Station

Select date and time

Wednesday, June 25 · 6 - 7am PDT

Location

Online

Refund Policy

Refunds up to 7 days before event

About this event

Master KYC fundamentals with UK-specific regulations and AML insights in this concise, expert-led online course.

Overview:
Understanding Know Your Customer (KYC) principles is essential for anyone involved in financial services or risk management. This course provides a clear introduction to KYC, exploring the key requirements and processes within the UK. Delve into the nuances of customer due diligence, and learn how to apply reasonable verification methods effectively.

Additionally, the course highlights the critical relationship between KYC and Anti-Money Laundering (AML), distinguishing their roles and how they function together to safeguard institutions. Gain a solid grasp of UK regulations surrounding both KYC and AML, equipping you with the knowledge to confidently navigate these vital areas.

Learning Outcomes:

Recognise fundamental KYC principles and their UK-specific context.
Understand key customer due diligence techniques and procedures.
Distinguish between KYC and AML roles and their interaction.
Identify essential KYC and AML regulations within the UK.
Apply reasonable methods for verifying customer identity accurately.
Comprehend the importance of KYC in preventing financial crime.

Course Curriculum:

Module 1 – Introduction to KYC
Module 2 – KYC Requirements in the UK
Module 3 – Customer Due Diligence
Module 4 – KYC Process & Procedures Guide
Module 5 – AML (Anti-Money Laundering)
Module 6 – KYC and AML – Key Differences and How They Work Together
Module 7 – KYC and AML Regulations in the UK
Module 8 – Reasonable Methods in KYC Verification

Who is this Course For?

Professionals working in banking and financial services sectors.
Individuals seeking knowledge of UK financial regulatory frameworks.
Compliance officers aiming to enhance KYC understanding.
Risk managers responsible for customer verification processes.
Employees in roles related to fraud prevention and detection.
New starters in financial institutions requiring regulatory insight.
Those interested in financial crime prevention roles.
Legal professionals advising on financial regulations and standards.

Career Path:

KYC Analyst – Average Salary: £32,000 per annum
Compliance Officer – Average Salary: £40,000 per annum
Financial Crime Investigator – Average Salary: £45,000 per annum
Risk Analyst – Average Salary: £38,000 per annum
AML Specialist – Average Salary: £42,000 per annum
Regulatory Affairs Advisor – Average Salary: £43,000 per annum

Organized by

Training Station

Training Station is a dynamic online learning platform dedicated to providing an immersive and personalized educational experience. We offer lifetime access to engaging video lessons, tailored learning paths, and gamification features to keep you motivated and on track toward achieving your goals. Our team of skilled instructors, industry experts with years of hands-on experience, delivers high-quality lessons that blend theory with practical insights.

Explore our comprehensive resource library, filled with eBooks, articles, and research papers, to deepen your understanding and expand your knowledge. Powered by state-of-the-art infrastructure, our platform offers the latest technology to ensure a smooth and interactive learning journey.

To recognize your hard work and commitment, every completed course is rewarded with a PDF certificate, showcasing your achievement. At Training Station, we believe in making education not only effective but also rewarding and enjoyable.