Know Your Customer (KYC)

This course introduces the Know Your Customer (KYC) framework, a core component of Anti-Money Laundering (AML) and financial compliance programs. It explains why customer identification, verification, and ongoing due diligence are required to prevent money laundering, fraud, terrorism financing, and other illicit activities. Learners explore customer risk profiling, beneficial ownership requirements, sanctions screening, and red flags that may indicate suspicious behavior. The course emphasizes regulatory expectations, proper documentation, and the role employees play in maintaining strong, compliant onboarding and monitoring processes.