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Jersey | 05. 02. 2019

2019 KYC & CDD (half-day) Forum

Practical guidance on using best practices and technology to streamline your KYC & CDD processes

Know Your Customer (KYC) & Client Due Diligence (CDD) are at the heart of financial crime risk management within the financial services industry. Regulators are increasingly focused on the quality and appropriateness of KYC & CDD carried out both at client on-boarding and review stage. After many years of legislative pressure, financial services businesses are still wrestling with the challenges presented by complex business models and relationships. This half-day forum will examine key issues faced by those working within this field.

2019-02-05 09:00:00 2019-02-05 01:00:00 Europe/London 2019 KYC & CDD (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com
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Practical guidance on using best practices and technology to streamline your KYC & CDD processes

Know your Customer (KYC) & Client Due Diligence (CDD) are at the heart of financial crime risk management within the financial services industry. Regulators are increasingly focused on the quality and appropriateness of KYC & CDD carried out both at client on-boarding and review stage. After many years of legislative pressure, financial services businesses are still wrestling with the challenges presented by complex business models and relationships. This half-day forum will examine key issues faced by those working within this field.

This KYC forum will look at practical ways in which businesses may streamline KYC processes through technology and best practice. Hearing from industry experts, delegates will increase their knowledge and have a greater understanding of the regulator’s expectations in relation to KYC & CDD in addition to understanding international best practice. This Forum will also explore developing themes in the use of technology as well as identifying red flags when carrying out KYC and CDD.

With specialist speakers from the local financial services industry, this event will be practical, topical and informative.

Pricing & Discounts

Price: £225

We offer the following discounts for this event:

  • 20% for JCOA members
  • 10% for ICA, STEP and JADO members
2019-02-05 09:00:00 2019-02-05 01:00:00 Europe/London 2019 KYC & CDD (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com
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Event Schedule

Registration & refreshments

08:45 – 09:00
Plus

Challenging CDD myths – why your training might not be effective

Speaker to be confirmed

09:00 – 09:30
  • Common misconceptions
  • The problem of confirmation bias
  • Challenging apathy
  • Challenging commercial and willful blindness
Plus

CDD monitoring – best practice and meeting the regulators' expectations

Speaker to be confirmed

09:30 – 10:00
  • What is CDD – why is it important to understand the whole picture?
  • What do we mean by "best practice"?
  • What is meant by a "risk-based approach"?
  • What are the expectations of the regulators?

Refreshment break & networking

10:00 – 10:30
Plus

Utilising risk screening technologies effectively given regulatory requirements

Speaker to be confirmed

10:30 – 11:00
  • What am I required to screen for?
  • How should I adapt my approach for different customer types/risk profiles?
  • Common pitfalls
  • How can I get the best return on my investment in screening?
Plus

Online CDD monitoring using investigative techniques

Speaker to be confirmed

11:00 – 11:30
  • How easily both good- and poor-quality information can be gathered about existing and prospective clients for the purposes of KYC and CDD
  • How as users of the Internet there is a requirement to understand how online monitoring can be used against us

Spotting 'red flags' in CDD - 'to SAR or not to SAR, that is the question…'

Speaker to be confirmed

11:30 – 12:00

12:
2019-02-05 09:00:00 2019-02-05 01:00:00 Europe/London 2019 KYC & CDD (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com

Jersey International Business School

12/13 Caledonia Place, St. Helier, Jersey JE2 3NG

2019-02-05 09:00:00 2019-02-05 01:00:00 Europe/London 2019 KYC & CDD (half-day) Forum Jersey International Business School JIBS Events bookings@jerseyibs.com