The ONLY professional qualification in practical customer due diligence.
(PRWEB UK) 11 June 2015
The intermediate-level course which is awarded in association with Manchester Business School, the University of Manchester is aimed at KYC Analysts and professionals who manage risk in the CDD process. The qualification covers key risk areas such as customer identification and verification, understanding the client, establishing the nature of a relationship, beneficial ownership, managing money laundering risk, client screening and enhanced due diligence (EDD).
Bill Howarth, ICA CEO, had this to say about the new course:
“The huge penalties paid by banks in recent high profile cases have led to an increased focus on CDD by AML departments worldwide. It’s vital that client onboarding teams and customer facing staff don’t take a ‘tick box’ approach to CDD and this course provides strategies and a practical toolkit to ensure CDD is done in a meaningful and effective way. It is the only professional qualification in practical CDD. ”
In an innovative step, the workshop exercises and exam will include mock CDD documents, genuinely reflecting the practical issues encountered in the CDD environment.
The course is being offered in London initially, with other centres being added next year. It will also be available on an in-house basis through ICA’s training partner, International Compliance Training (ICT), for those firms looking to train more than 10 members of staff.
ICA is hosting an Open Day in London where you find out more about this course and other qualifications in anti money laundering, governance, risk and compliance and financial crime prevention:
Venue: De Vere Holborn Bars, London
Date & Time: 16 September 2015 (10am-12.30pm or 2pm-4.15pm)
How to attend: Attendance is free, register online at http://www.int-comp.org/openday or call +44(0)121 362 7501
The International Compliance Association (ICA)
The ICA is a professional organisation dedicated to the pursuit of excellence in governance, risk and compliance; anti money laundering and financial crime prevention. ICA offers internationally recognised professional qualifications that help improve knowledge,enhance skills and minimise risk for firms. For novice and experienced practitioners alike, ICA certificate and diploma programmes are a benchmark of competence and excellence. The prestigious Manchester Business School, the University of Manchester jointly awards all ICA qualifications.
International Compliance Training (ICT)
ICT is the largest and longest established provider of professional qualifications in anti money laundering; governance, risk and compliance and financial crime prevention awarded by the International Compliance Association. Selected by the ICA for their specialist, professional and dependable approach to training and education, they adopt a unique blended learning approach combining high quality course material, interactive workshops and dedicated tutor support. They also deliver non-certificated training in the same areas to in-house clients. They have helped tens of thousands of individuals and firms realise their training ambitions in the area of risk and compliance.