This training addresses the unique risks of maintaining high-net-worth customers and risk-based controls. By understanding vulnerabilities in business models, institutions can better conform to Rule 3310.
Learning Objectives
Investigating the vulnerabilities inherent in business models designed to attract and serve high-net-worth international customers, illuminating the specific risk factors associated with this clientele
Adjusting your control framework to mitigate financial crime risks and ensure adherence to Rule 3310
Analyzing a compelling case study that underscores the repercussions of inadequate planning and execution in risk management