Risk, Compliance and AMLKnow Your Customer and Customer Due Diligence
Customer due diligence is where anti money laundering controls either work or become a filing exercise, and the difference shows up years later when an account turns out to belong to somebody else entirely. This course covers doing it properly. Delegates work through identification and verification of natural and legal persons, beneficial ownership and tracing control through layered structures, and the risk based approach that decides how much diligence a relationship warrants. Politically exposed persons and sanctions screening are covered, including false positive handling. Ongoing monitoring and trigger events follow. The course closes on remediation of a legacy book, on records, and on when a relationship must be refused or exited.
Course objectives
- Identify and verify natural and legal persons to standard
- Trace beneficial ownership through layered structures
- Apply a risk based approach to the depth of diligence
- Screen for politically exposed persons and sanctions, and handle false positives
- Run ongoing monitoring and act on trigger events
- Remediate a legacy customer book
- Decide when to refuse or exit a relationship
Who should attend
- Compliance and anti money laundering officers
- Onboarding and account opening staff
- Relationship managers in banking and finance
- Internal auditors testing customer files
- Staff in accountable institutions outside banking
Course outline
- 01Where controls work or become filing
- 02Identifying and verifying natural persons
- 03Legal persons and documentation
- 04Beneficial ownership and layered structures
- 05The risk based approach
- 06Politically exposed persons and sanctions screening
- 07Ongoing monitoring and trigger events
- 08Remediation, records and exiting a relationship
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 23 to 25 September 2026 | Maseru, Lesotho | Classroom | R14,950 per delegate | Register Now |
| 3 to 5 February 2027 | Durban, South Africa | Classroom | R14,950 per delegate | Register Now |
| 24 to 26 March 2027 | Online | Online | R6,500 per delegate | Register Now |