AML & KYC Fundamentals скачать в хорошем качестве

AML & KYC Fundamentals

Are you preparing for an AML Onboarding interview or looking to master the fundamentals of KYC (Know Your Customer)? This video provides a comprehensive breakdown of the essential concepts required for financial crime compliance professionals. In this guide, we dive deep into the technical and practical aspects of the Customer Identification Program (CIP), risk assessment, and the regulatory landscape. What You Will Learn: • Client Classification: Understand the critical differences between Corporates (selling goods/services) and Financial Institutions (managing money), as well as the nuances of Banking vs. Non-Banking FIs. • Onboarding Fundamentals: A look at the CIP process and the specific documentation required for both individuals (IDs, proof of address) and entities (Articles of Association, UBO declarations). • Risk-Based Approach (RBA): How to differentiate between SDD, CDD, and EDD, and why the level of due diligence must match the risk level of the client. • Complex Ownership & Trusts: We explain what makes a structure "complex" and break down the roles within a Trust, including the Settlor, Trustee, Beneficiary, and Protector. • Financial Intelligence: The difference between Source of Wealth (SOW), Source of Funds (SOF), and Source of Income (SOI) with practical examples. • Regulatory Frameworks: An overview of global regulators (FCA, SEC, FINCEN) and the role of the FATF in setting global AML standards. • High-Risk Indicators: Identifying PEPs (Politically Exposed Persons), navigating Negative Media, and understanding the impact of Sanctions screening. • Compliance Tools & Roles: Introduction to industry tools like Lexis Nexis, Orbis, and D&B, and the responsibilities of the MLRO (Money Laundering Reporting Officer). Career Insight: If you are transitioning from Wealth Management to an Onboarding role, we provide specific advice on how to frame your experience. While Wealth Management is relationship-focused, Onboarding is a structured, process-driven environment centered on document verification and risk assessment. Timestamps: 0:00 - Introduction to AML Onboarding 1:30 - Client Types: Corporates vs. FIs 3:45 - The CIP Process & Documentation 6:10 - Understanding Complex Structures & Shell Companies 8:20 - SOW vs. SOF: What’s the difference? 10:45 - Trusts: Revocable vs. Irrevocable 13:15 - Identifying High-Risk Industries & Jurisdictions 15:40 - PEPs and Negative Media (Material vs. Immaterial) 18:00 - Transaction Monitoring & SAR/STR Reporting 20:30 - Essential Research Tools (Lexis Nexis, D&B, etc.) 22:15 - Interview Tips: Moving from Wealth Management to Onboarding Don't forget to like, subscribe, and hit the notification bell to stay updated on the latest FinCrime and Compliance training! #AML #KYC #Compliance #FinCrime #Onboarding #Banking #AntiMoneyLaundering #CareerAdvice