Fundamentals of CIP, CDD, EDD, CTR and Current Issues
About This Course
During this presentation, participants can expect an in-depth exploration of key concepts in financial compliance, focusing particularly on essential fundamentals such as Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Currency Transaction Reporting (CTR), and more. By staying informed about the latest developments and industry trends, participants can proactively adapt their compliance strategies and mitigate potential risks.
Topics covered in this session
- Key Concepts in Financial Compliance
- Basic concepts and regulator landscape
- Core Principles and Requirements governing CIP
- Assessing Customer Risk Profiles
- Due Diligence Measures
- Issues and Challenges Impacting Day-To Day Operations
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
Justin is an expert in Compliance Training providing years of successful implementation of educational solutions for regulatory compliance initiatives designed to decrease risk and provide a robust compliance culture to an organization. He also effectively facilitates training from the board level to the rest of the organization and creates awareness using creative methods to capture audience’s attention and enhance their retention of knowledge.
- Simultaneously operated compliance training company, Tweezzle, and consulting assignments while ensuring satisfied clients and increased revenue.
- Deliver continued guidance, assistance, coordination, and follow-up on complex problems to ensure prompt and timely resolution.
- Specializes in content creation and facilitation for various regulatory bodies and governmental agencies: CFPB, FDIC, FINRA, FinCen, Nacha, NCUA, NFA, OCC & SEC.
- Regulatory topics such as AML/BSA/OFAC, cryptocurrencies, deposits, examinations, lending, privacy.
This course is covered under team memberships.
See Team Memberships