4
CDD, KYC and the Risk-based Approach
Background to the Risk-Based Approach
Components of the Risk-Based Approach
Mitigating controls
Regulatory environment
Special categories: Politically Exposed Persons (PEPs)
Constructing a Risk-Based Approach for your organisation
The core components of CDD
CDD processes and tools
Example risk assessment frameworks
Constructing a CDD framework for financial institutions
Constructing a CDD framework for retail/consumer banking business
Constructing a CDD framework for private banking
Excerpts from Recommendations 1 and 10 of the FATF 40 Recommendations (February 2012) and the Interpretive Note thereto:
‘countries should apply a risk-based approach to ensure that measures to prevent or mitigate money laundering ...
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