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Event Information

  • Event Type: Certification Program
  • Delivery Channel: Virtual
  • Date: 15/07/2024 - 26/08/2024
  • Duration: 14Hours
  • Fees: $815.00

Event Description

This program will provide you with the best learning experience about Know Your Customer.

Learn how to identify real beneficiaries, detect PEP customers, Conduct due diligence using a risk-based approach, and identify the customer's tax status (FATCA & CRS). Understand the customer risk rating process, account opening workflow, and how to design the smartest KYC applications.

Explore the newest technologies, including digital identity online customer onboarding, and much more.

Program Price USD 815 covers:

7*2 virtual sessions, One-year membership, access to the candidate portal where you can download the program study guide, undertake the practice questions, and Schedule your online proctored exam. and E-Certificate and verifiable digital badge when you pass the assessment, GCI also offers one exam retake for free.

Enrol today to become a Certified KYCS - KNOW YOUR CUSTOMER SPECIALIST.


Learning Objectives

Know Your Customer & Its International Context

  • Understand the concept of Know Your Customer (KYC).
  • Define KYC and its importance.
  • Recognize the relationship between KYC and Anti-Money Laundering (AML).
  • Identify when KYC applies
  • Understand the international context of KYC, including the Financial Action Task Force (FATF), Basel Committee on Banking Supervision (BCBS), Wolfsberg Group, European Union, European Data Protection Act (GDPR), and the US Anti-Money Laundering Act (AMLA 2020).


Customer Onboarding Requirements

  • Learn about the requirements for individual accounts, including customer identification and verification, identifying the real beneficiary, and screening for politically exposed persons (PEPs).
  • Understand the KYC requirements for corporate accounts, including ultimate beneficial owners (UBOs) and changes in entity ownership.
  • Identify the specific considerations and vulnerabilities related to charities and non-profit organisations (NPOs).


Customer Tax Status (FATCA & CRS)

  • Understand what FATCA and CRS are.
  • Learn about the forms and self-certifications related to FATCA & CRS.
  • Conduct customer due diligence and reasonableness test.


Risk-Based Approach in Customer Due Diligence

  • Comprehend the concept of customer risk rating.
  • Understand the money laundering risk classifications and electronic AML risk rating.
  • Learn about risk-scoring models and customer/account overall risk assessment.


Account Opening Processes and Management

  • Identify account opening procedures, including decentralised and centralised approaches.
  • Understand KYC updates and accept instructions by fax or email.
  • Learn about opening non-face-to-face accounts, handling incomplete accounts, dormant accounts, and closure of accounts.


Online Customer Onboarding and Digital Identity

  • Understand the relationship between customer onboarding and digital identity.
  • Learn about the challenges, threats, and benefits of digital identity and online onboarding.
  • Explore a proposed mechanism for implementing online onboarding.


Who should attend 

Compliance Officers, Customer Service, Account Opening, front liners and Back office staff in the following industries:

  • Banking Industry
  • Insurance and reinsurance Companies
  • Brokerage Firms
  • Leasing and Microfinance Companies
  • Lending Firms
  • Exchange Houses and Money Service Business


Workers in the supervisory authorities e.g:

  • Central Banks
  • Financial Sector Regulatory Authorities
  • Financial Intelligence Units FIUs
  • Tax Authorities
  • Related Ministries and government bodies


College-business graduates

  • Who are interested in working in the Banking and Finance Industry


Timing: 9:00 AM to 11:00 AM EST.

Every Monday - starting 19 June
1 session a week over 7 weeks

For inquiries, please feel free to email us at [email protected]

Expert Trainer



GCI Advisory panel, AML and compliance expert

Justin has been working in regulatory roles for most of his career. He has worked for financial companies such as Macquarie, JPMorgan, Bank of America and UBS. Justin also worked for a US regulator, FINRA, where he helped create Examiner University. After his corporate career concluded, Justin worked for GRC Solutions as Head of North American Operations and then started his own firm, tweezzle, which is a virtual training company that specializes in regulatory compliance. It combines learning and entertainment. In addition, Justin works as a strategic advisor for start-ups.

Justin is an experienced compliance training professional with over 20 years of creating and developing Compliance training programs, managing regulatory projects, liaising with regulators, and identifying gaps/opportunities for improvements in risk mitigation.