Managing customers in high-risk categories is the cornerstone of compliance, and a common challenge for many financial institutions. Join our expert presenters at the 2021 Verafin Virtual Tour for a special session focused on BSA/AML requirements for Customer Due Diligence/Enhanced Due Diligence (CDD/EDD) and high-risk customer management.
Highlights from this engaging, CAMS-accredited event include:
- A review of regulatory requirements and obligations related to CDD/EDD, including the AML Act of 2020, and the potential impact on financial institutions’ processes and procedures.
- A discussion surrounding the challenges of EDD and managing high-risk customers, including Cannabis-Related Businesses, Politically Exposed Persons, and more.
- A review of best practices for effective risk scoring and ongoing monitoring of high-risk customers to mitigate AML risks and strengthen your compliance program.
Verafin’s popular Virtual Tour returns on March 9, 11 & 12, with separate days exploring AML, Fraud, or High-Risk Customer Management. Join us daily for a 90-minute session focused on one of these key themes — brought directly to you through the convenience of Zoom — and earn up to 3 CAMS credits, 6 CAFP credits, 6 CRCM credits, or up to 4.5 CPE credits.