Learning Outcomes

• Discover what drives the methods used in KYC and AML initiatives
• Understand why money laundering is one of the biggest threats to finance
• Know all the relevant UK legislation that should be followed for KYC
• Learn the specifics of financial regulations that protect companies and customers
• Explore the techniques that will keep your company’s financial records safe
• Gain an awareness of the future of KYC technology and advancements

Overview

Learn how to protect your company from money laundering and financial crime, as well as look after the customer’s best interests. By taking this Know Your Customer (KYC) training, you’ll be able to verify the identity of customers and the risks involved with maintaining a business relationship. This essential course is the first important step to ensuring a client’s integrity and safeguarding an organisation’s reputation.

This KYC tutorial explores and presents all of the methods and techniques that can be used to check whether a person is exactly who they say they are or intends to perform fraudulent behaviour. You will be shown how to stop scams, follow UK legislation, launch investigations, and reveal the perpetrators of shady deals. Take this fascinating and useful step towards safeguarding savings and stock by enrolling now.

Certificate of Achievement

Endorsed Certificate of Achievement from the Quality Licence Scheme

Once the course has been completed and the assessment has been passed, all students are entitled to receive an endorsed certificate. This will provide proof that you have completed your training objectives, and each endorsed certificate can be ordered and delivered to your address for only £69.00. Please note that overseas students may be charged an additional £10 for postage.

CPD Certificate of Achievement from Kingston Open College

Upon successful completion of the course, you will be able to obtain your course completion e-certificate free of cost. Print copy by post is also available at an additional cost of £9.99 and PDF Certificate at £4.99.

Endorsement

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an endorsed lesson. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Method of Assessment

To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the course. After successfully passing the exam, you will be able to apply for Quality Licence Scheme endorsed certificate of achievement.

To verify your enhanced skills in the subject, we recommend that you also complete the assignment questions. These can be completed at any time which is convenient for yourself and will be assessed by our in-house specialised tutors. Full feedback will then be given on your current performance, along with any further advice or support.

Why Study This Course

It doesn’t matter if you are an aspiring expert or absolute beginner; this course will enhance your expertise and boost your CV with critical skills and an acknowledged certificate attesting to your knowledge.

The Know Your Customer is fully available to anyone, and no previous lessons are needed to enrol. All Kingston Open College needs to know is that you are eager to learn and are over 16.