[ONLINE] Rethinking KYC – From Box-Ticking to Risk-Based Approach – 16 July

Traditional Know Your Customer (KYC) processes have long been driven by checklists, rigid documentation demands, and compliance-driven tasks. But today’s regulatory expectations, technological advancements, and evolving financial-crime risks demand a shift from a box-ticking mindset to a dynamic, risk-based model.

This webinar explores how organizations can transform their KYC frameworks to be more efficient, accurate, and responsive to emerging threats. Participants will gain practical insights into designing risk-based customer due diligence (CDD), leveraging data and technology, and aligning internal controls with global regulatory expectations. Whether you are building, upgrading, or assessing your KYC program, this session provides actionable steps to improve both compliance quality and customer experience.

Instructed by: John Caruana. in: Uncategorized

Seminar Description

Traditional Know Your Customer (KYC) processes have long been driven by checklists, rigid documentation demands, and compliance-driven tasks. But today’s regulatory expectations, technological advancements, and evolving financial-crime risks demand a shift from a box-ticking mindset to a dynamic, risk-based model.

This webinar explores how organizations can transform their KYC frameworks to be more efficient, accurate, and responsive to emerging threats. Participants will gain practical insights into designing risk-based customer due diligence (CDD), leveraging data and technology, and aligning internal controls with global regulatory expectations. Whether you are building, upgrading, or assessing your KYC program, this session provides actionable steps to improve both compliance quality and customer experience.

Agenda 

Introduction & Changing Regulatory Expectations 

• Why regulators worldwide are demanding risk-based KYC
• Shortcomings of traditional checklist-based onboarding
• Key themes from recent enforcement actions

Foundations of a Risk-Based KYC Framework 

• Core principles of risk-based customer due diligence
• Differentiating between low, medium, and high-risk customersIntegrating business-wide risk assessments into KYC

Beyond Onboarding: Ongoing Monitoring & Trigger Events 

• Dynamic KYC and event-driven reviews
• Identifying unusual vs. suspicious activity
• Ensuring monitoring aligns with customer risk profiles

Streamlining KYC Without Compromising Compliance 

• Reducing friction for low-risk customers
• Document-lite approaches and proportionality
• Best practices for defensible decision-making and audit trails

Case Studies & Sector Examples 

• What a risk-based KYC approach looks like in practice
• Lessons learned from real compliance failures
• Emerging typologies (e.g., crypto, fintech, cross-border risks)

Q&A 

Target Audience

This webinar is designed for professionals involved in AML, compliance, risk, and customer onboarding, including:

• Compliance Officersand Money Laundering Reporting Officers (MLROs)
• KYC/CDD Analystsand Client Onboarding Teams
• Financial Crime/AML Risk Managers
• Regulatory and Internal Auditors
• Fintech, Banking, Payments, and Crypto Compliance Teams
• Operations Managersseeking to improve onboarding workflows
• Technology/Project Leads implementing KYC platforms or automation
• Consultants and Legal Advisors working in AML/KYC

CPE

Qualifies for 2 CPE Core hours

Course Fee

The course fee is €60 for Non-Members €55 for Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com