KYC / CDD for the 21st Century
- When:8 December 2016
- Venue: Hilton London Bankside,
2-8 Great Suffolk Street,
London SE1 OUG
In the last year, the issues of Know Your Customer (KYC), Customer Due Diligence (CDD) and the identification of ultimate beneficial owners have become urgent priorities for AML professionals across Europe.
Greater emphasis is being placed on the importance of transparency, as well as how CDD can help maximise the effectiveness of ongoing monitoring activities. Meanwhile, the AML landscape is being rapidly transformed by advances in technology, innovation in financial services and growing international collaboration to fight tax evasion and other crimes linked to money laundering.
This full-day interactive seminar will provide practical yet state-of-the-art strategies for conducting KYC/CDD in this swiftly changing environment. Led by veteran AML professionals and peers from fellow financial institutions, participants will build upon their existing expertise in preparation for the anticipated additional shifts in the AML regulatory landscape in 2017.
- Upgrading existing KYC/CDD skills to reflect technological and regulatory shifts
- Examining case-studies and engaging in cooperative group exercises to discern best practices for existing AML regimes
- Learning detailed and up-to-date practice aspects of AML principles and skills for immediate application
|8:00 – 9:00||Registration and Networking Breakfast|
|9:00 – 9:15||Welcome Remarks|
|9:15 – 10:15||Determining Ultimate Beneficial Ownership: Mastering the Rigours of CDD on Trusts, Foundations and other Legal Arrangements|
|10:15 – 11:15||The Innovator Dilemma: Conducting CDD on Transformative Businesses|
|11:15 – 11:30||Networking and Refreshment Break|
|11:30 – 12:30||Harnessing Data Tools to Optimise CDD and EDD Scrutiny|
|12:30 – 12:45||Interactive Q&A|
|12:45 – 14:00||Networking Luncheon|
|14:00 – 15:00||Make Your CDD Smarter: Optimising the Oversight Value of Automated Screening Tool ‘Hits’|
|15:00 – 15:15||Networking and Refreshment Break|
|15:15 – 16:15||Tax Evasion Spotlight: Employing CDD to Spot and Resolve Red Flags|
|16:15 – 16:30||Q&A and Closing Remarks|