Digitisation offers significant opportunities to improve CDD processes by increasing the speed of customer onboarding and reducing costs while also supporting financial inclusion. However, it also brings new risks around identification fraud and data security.
This webinar will consider the practical challenges of implementing e-KYC and CDD, including:
• advice on information capture at onboarding and during authorisation and its relevance to broader AML and CFT systems and controls
• approaches to setting assurance levels in digital ID systems to implement tiered CDD
• record-keeping requirements.