ICA Certificate in KYC and CDD

Overview

This course provides a foundation knowledge of core know your customer (KYC) and customer due diligence (CDD) concepts, an introduction to CDD frameworks and an overview of the key components of working in the KYC environment. You will learn about the nature, importance and context of CDD obligations; the regulatory framework and international developments around CDD; the CDD process and outcomes; and taking a practical, risk-based approach to CDD.

This course is awarded in association with the Alliance Manchester Business School, The University of Manchester.

Learning Outcomes

By the end of the programme, you will be able to:

demonstrate an understanding of CDD and how it relates to the fight against money laundering and terrorist financing
learn the risk-based approach to CDD and identify key risk factors
understand the dynamics of simplified, standard and enhanced due diligence and when they should be applied
articulate how risk rating and acceptance practices work
demonstrate an understanding of firm-wide risk assessments
determine beneficial ownership and control, continuous monitoring and transaction screening
describe the key elements of an effective KYC infrastructure, features of KYC utilities as well as associated benefits and challenges
control quality in CDD, data management and management information
understand the three dimensions of KYC, role of periodic reviews and remediation processes
appreciate how the '3LOD' model works in practice
identify roles of stakeholders and differentiate escalation paths

Programme Overview

The programme will cover:

CDD - why bother?
The risk-based approach to CDD
Key CDD concepts
Core KYC frameworks
What it's like working in KYC

Download the full syllabus here

Not sure if this is right for you? Call +65 6500 0010 or email for further information. Chat with us via Whatsapp @ +65 8660 5808 or Telegram @icaAPAC

Course Format

Access to online materials for 3 months and
2 x 3hr Virtual Classrooms to enhance your learning experience on
Online exam (multiple choice) that can be taken at any time throughout the course (although we recommend you sit this after the Virtual Classrooms has taken place)
One free exam resit

Download the full syllabus here

Not sure if this is right for you? Call +65 6500 0010 or email for further information. Chat with us via Whatsapp @ +65 8660 5808 or Telegram @icaAPAC

Who Is This Course Suited For?

This programme is suited for:

New entrants in CDD roles or those who wish to learn more about CDD
Client managers, project managers, operational staff, middle office and sales assistant
Consultants, audit professionals and anyone whose role involves managing risk in the CDD process

Not sure if this is right for you? Call +65 6500 0010 or email for further information. Chat with us via Whatsapp @ +65 8660 5808 or Telegram @icaAPAC

Designation Awarded

Upon completion, you will be awarded:

ICA Certificate in KYC and CDD

This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

Price and Funding

SGD$1,450 +7% GST

This course is eligible for Financial Training Scheme (FTS) funding.

*MAS will enhance course fee subsidies for locals attending accredited or recognised courses up to 50%.

Read more about the enhanced funding details.

Workshop on 14 & 15 Nov 2022 (Mon & Tue)

Can this course be taught in-house?

If you have a training requirement for more than 15 employees, why not contact us to discuss delivering the training in-house at your firm? It’s the ideal way to maximise your budget, minimise disruption and tailor content to your specific needs.

Call our dedicated in-house training team at +65 6500 0010 or email clientservicesapac@int-comp.org.

Any questions?

Check out our Frequently Asked Questions (FAQs)

Call +65 6500 0010 or email for further information.

Chat with us via Whatsapp @ +65 8660 5808 or Telegram @icaAPAC