Relationship between Employers and Employees

Course Title:
Mastering Customer Due Diligence and KYC across the Financial Sector

Duration- (hours/day): 4Hrs
Theory: Yes     Practical: Yes
Cost per participant:  Mur 11,500

Objectives/Learning Outcomes:

• At the end of the course, participants are expected to have a sound understanding of;
• The importance of Customer Due Diligence “CDD”
• The legal and regulatory obligations regarding CDD/KYC
• The importance of record keeping
• Compliance of CDD/KYC obligation as a risk based approach
• Development of internal system for efficient CDD/KYC

Profile of Participants:           

• Corporate Administrators
• Operations Personnel
• On Boarding Team in Financial Institutions
• Compliance Officers and MLRO’s
• Team Leaders in Financial Sectors including Banks, Accounting firms

Detailed Course Contents:

• What is CDD and KYC
• Importance of CDD/KYC
• CDD Checklist
• Client Identification/ verification Measures during on-boarding
• Enhanced Due Diligence Measures
• Identification and dealing with Politically Exposed Persons (PEPs)
• Simplified or reduced due diligence measures
• Continuous Monitoring and record keeping
• The legal and regulatory obligations as per the Mauritian Law and Regulations