Deloitte Webinar: Customer Due Diligence Procedures

Date               24 March and 29 March 2021

Time               17:00–19:00 CET

Venue            Online

Price               €80

Registration Link: https://www.mitcentre.com/book-now/272/273

Webinar description

Customer Due Diligence is one of the main pillars for preventing money laundering and funding of terrorism. Persons working with subject persons may find the process daunting, complicated and cumbersome. Through this session, we will provide an overview of the building blocks of customer due diligence and help participants break down the obligations of customer due diligence into more tangible processes.

Webinar topics

• Customer Due Diligence
• Timing of Customer Due Diligence
• Who is my customer?
• Occasional transaction vs business relationship
• When does a beneficial owner come into play?
• Brief overview of ongoing monitoring

Learning objectives

At the end of this course, participants should be able to:

• understand the concept of Customer Due Diligence;
• understand the building blocks of Customer Due Diligence
• be more familiar with terms such as:
  • customer;
  • beneficial owner;
  • purpose and intended nature;
  • ongoing monitoring

Target audience

MLROs

Designated employees

Monitoring function

Compliance officers

AML specialists

Persons working with subject persons

Persons working within the compliance department

Trainer name

Dr Rakele Cini

Trainer bio and experience

Dr Rakele Cini is an independent legal consultant with many years of experience in AML/CFT, regulatory and compliance advisory. She primarily advises local & international firms / practitioners operating within the regulated industries on matters relating to the prevention of money laundering & funding of terrorism, due diligence, risk management, good governance, and other compliance areas. She is invited to lecture regularly by private institutions and regulatory bodies on these topics.

She was previously head of Risk & Compliance at BDO Malta and, prior to that, formed part of the practice protection group at Deloitte Malta for numerous years.