What you'll learn
Define the legal background of CIP
CIP Vs KYC & CDD
CIP Elements & Definitions
Verification Methods
Requirements
No prior experience is required
Description
Feb-2024 By the end of this course, You would be able to Understand Customer identification program requirements. Importance of complying with CIP requirements for U.S financial institutions.CIP elements (written program, record keeping, etc..).Ways to collect and verify these elements. Different between Know Your Customer/Customer Due Diligence and CIP. As a compliance professional it's crucial to show interviewers that you define and give explanation for CIP requirements and being able to distinguish differences between CIP and other KYC/CDD requirements. Ultimate goal is to leave a good impression, pass the interview and finally get the job offer. What would separate me from other courses in the same field?! This course is designed to respond to your needs as fresh grad or a professional who wants to explore the compliance/AML world. It's completely beginner friendly so people with no prior experience are welcomed. Knowledge test which has multiple choice questions to solidify your understanding of the subject. Material provided on a form of Interactive Power Point. External tasks where you are going to be required to search on open source websites.Continues updates to the videos to ensure the latest updates are included.Thanks I wish the best comes your way.
Overview
Section 1: Introduction
Lecture 1 Welcome Message
Section 2: Legal Background
Lecture 2 U.S Patriot Act & Bank Secrecy Act
Section 3: CIP Elements
Lecture 3 Elements & Definitions
Lecture 4 Examples of Elements
Section 4: Verification Method
Lecture 5 Documentary Vs Non-Documentary
Section 5: CIP Vs KYC
Lecture 6 CIP Vs KYC
Section 6: Exam Test
Students with passion towards AML & KYC.,Students who want to strengthen their knowledge about US regulations.,Compliance/AML Professionals from different backgrounds


Homepage

https://www.udemy.com/course/cip-customer-identification-beginner-guide/