This Beneficial Ownership AML online course is self-paced and will give you the opportunity to have an insight into the world of Beneficial Ownership within different entity types from a Know Your Customer (KYC) perspective.
In this course you will learn about the following:
- What is Money Laundering and Terrorist Financing
- What is Beneficial Ownership
- Types of Beneficial Ownership
- The Money Laundering cycle
- What does the Local Regulator say
- Key Organizational Bodies
- Who is a Ultimate Beneficial Owner
- Entities which have Ultimate Beneficial Owners
- Reasons for finding the Ultimate Beneficial Owners
- Implications of not knowing the Ultimate Beneficial Owners
- How to perform screening on Ultimate Beneficial Owners
Who is the course suitable for?
- Anyone with an interest in Anti Money Laundering/Know Your Customer
- New entrants in AML Compliance/Client onboarding roles
- Consultants, Project managers, operational staff or anyone whose role involves managing risk in the customer onboarding process
Benefits of taking this AML/KYC course:
Taking a KYC certification course or Anti Money Laundering Certification Course will not only enhance your Beneficial Ownership knowledge but give you the opportunity to stand out from the rest of your peers at your current role or at the time of applying for an AML/KYC position.
This course can be taken at your own pace in any of the following formats:
- Desktop
- Laptop
- Tablet
- Smartphone devices
This course includes:
- 70 minute video lessons,
- End of course quiz 10 questions – 20mins
-
Course Lessons
- Navigating through our courses
- Introduction to course – Beneficial Ownership
- Course Objective and Content
- What is Money Laundering and Terrorist Financing
- The money laundering cycle
- The impact of money laundering on our society
- What does the local regulator say
- Key Organizational Bodies
- Caribbean Financial Action Task Force (CFATF)
- The AML and CFT Framework
- What is Beneficial Ownership
- Types of Beneficial Ownership
- Who is a Ultimate Beneficial Owner
- How to performing screening on Ultimate Beneficial Owners
- What is a Politically Exposed Person and when to screen
- What is Enhanced Due Diligence and attributes to consider
- Course Recap
- End of course Quiz