[ONLINE] Customer Due Diligence (CDD) Course – 25 November & 02 December

Customer Due Diligence (CDD) is an essential process that enables businesses to accurately identify and verify their customers before conducting financial transactions. As regulatory expectations continue to evolve, organisations must implement robust identification and verification procedures to mitigate risks such as fraud, money laundering, and financial crime.

In today’s fast-evolving regulatory landscape, Ongoing Monitoring is both a legal obligation and an operational imperative. As financial crime grows more sophisticated and EU Anti-Money Laundering (AML) rules continue to tighten, firms must move beyond basic compliance and adopt risk-based, proactive strategies. Ongoing Monitoring ensures that Customer Due Diligence (CDD) is not a one-off exercise but a continuous process. Once robust customer and business risk profiles are in place, firms must remain alert to suspicious activity and adjust controls to reflect changes in behaviour and risk exposure.

Instructed by: Elizabeth Sammut Borg. in: Uncategorized

Seminar Description

Session 1 – CDD: Identification and Verification Processes

Background Information

Customer Due Diligence (CDD) is an essential process that enables businesses to accurately identify and verify their customers before conducting financial transactions. As regulatory expectations continue to evolve, organisations must implement robust identification and verification procedures to mitigate risks such as fraud, money laundering, and financial crime.

This session will focus on the practical application of CDD, particularly the identification and verification processes required to meet compliance standards effectively. Attendees will gain valuable insights into the latest regulatory requirements, industry best practices, and the challenges of executing thorough due diligence in real-world scenarios.

Specific Topics to Be Covered

• Introduction to CDD: Definition, objectives, and regulatory frameworks.
• Identification & Verification Procedures: Identification data required and methods for verifying customer and relevant party data. 
• Enhanced Due Diligence (EDD): When and how to apply stricter verification measures.
• Best Practices & Compliance: Practical strategies for implementing effective CDD procedures

 Target Audience

This session is ideal for:

• Subject Persons
• Compliance officers
• MLROs
• Monitoring Functions
• Directors of subject persons
• Compliance executives

Why Attend?

In today’s regulatory landscape, ensuring robust customer due diligence is more critical than ever. This session will equip attendees with practical insights, compliance strategies, and real-world applications to enhance their CDD processes. Whether you’re a seasoned professional or new to compliance, this session will provide actionable knowledge to safeguard your business and stay ahead of evolving regulations.

Session 2: Staying Ahead: Ongoing Monitoring & EU AML Regulation Updates for 2025

Background Information

In today’s fast-evolving regulatory landscape, Ongoing Monitoring is both a legal obligation and an operational imperative. As financial crime grows more sophisticated and EU Anti-Money Laundering (AML) rules continue to tighten, firms must move beyond basic compliance and adopt risk-based, proactive strategies. Ongoing Monitoring ensures that Customer Due Diligence (CDD) is not a one-off exercise but a continuous process. Once robust customer and business risk profiles are in place, firms must remain alert to suspicious activity and adjust controls to reflect changes in behaviour and risk exposure.

The upcoming EU AML legislative package—including the new EU AML Regulation and the role of the AMLA (Anti-Money Laundering Authority)—raises the standard for how financial institutions, legal practices, fintechs, and DNFBPs conduct due diligence and monitoring. This webinar offers clear, practical insights to help organisations enhance their AML frameworks and remain ahead of regulatory expectations.

Specific Topics to Be Covered

•  Establishing effective Customer and Business Risk Profiles
• Best practices for risk-based Ongoing Monitoring
• Overview of the 2025 EU AML legislative package and key updates impacting CDD

 Target Audience

This session is ideal for:

• Subject Persons
• Compliance officers
• MLROs
• Monitoring Functions
• Directors of subject persons
• Compliance executives

 Why Attend?

 Gain up-to-date insights into the latest EU AML regulatory changes and understand their practical impact on your organisation. Learn how to embed effective Ongoing Monitoring into compliance processes, strengthen risk-based CDD, and enhance fraud and financial crime prevention. Benefit from actionable tools and expert guidance from seasoned AML professionals with real-world experience across sectors.  

CPE

Qualifies for 4 CPE Professional hours under the core competency area.

Course Fee

The course fee is €120.00 Non-Members €110.00 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