AML, KYC and Transaction Monitoring Knowledge Test-Series 1

Welcome to the course "AML, KYC and Transaction Monitoring Knowledge Test-Series 1". This course is different from other courses as the course helps you assess your understanding. The course offers following benefits to those who intend to take up this course:

1) Assess your knowledge of AML,KYC and Transaction Monitoring Processes

2) It will help you prepare for various examinations related to AML and KYC. You may also test your understanding of transaction monitoring by taking up this course.

3) If you are already working in the domain of AML/KYC, you would be assess what is your current level of understanding in the related areas by taking up this assessment.

The assessment covers following sub-topics:

Money Laundering and AML processes,

Know Your Customer (KYC),

Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)

Financial Action Task Force (FATF),

Risk Based Approach

High-Risk Category Customers,

Politically Exposed Persons (PEPs),

Money Laundering Reporting Officer (MLRO),

Compliance Function

Risk Management

Reasons for significant AML Fines imposed on Financial Institutions,

Roles of Money Laundering Reporting Officers (MLROs)

Key Global Regulations

Transaction Monitoring

Wolfsberg Group

Companies may also use this course to assess competencies of their employees in AML/KYC related topics and concepts. Happy Learning to all the students.