AMLTHINK Academy

Digital Identification of the Digital Customer: e-KYC, Digital Onboarding and Global Perspectives

The Concept of Digital On-Boarding, Open Banking, and Digital Banking, Local and Global Regulations, Pros ad Cons on AML/CFT, Actions to be Taken.

Live sessions
Virtual class

Intermediate

Live: 1 day
Virtual: 2x3 hrs

AMLTHINK ACADEMY

Who Should Attend?

AMLTHINK ACADEMY

Instructor

Inonu Akgun ALP

Inonu Akgun ALP

Founder, CEO, AMLTHINK

Having started his professional life at MASAK (FIU of Turkey) in 1999, ALP has held various positions at the FIU for 20 years. 

He prepared the AML compliance report given to financial institutions annually and reported the deficiencies to the financial institutions by performing the quantitative and qualitative measurement of the financial institutions' suspicious transaction reports with the scoring system.

He played a role as AML team leader in an EU project. During his professional career, he participated in numerous international conferences and meetings.

During his Department Head position at MASAK in 2014 and 2015, he managed and mentored the establishment of MASAK information security infrastructure and obtaining ISO 27001 certification, the establishment of the e-notification system, development of Integrated Financial Intelligence System (EMIS) providing electronic communication and e- SAR system with obligated parties, issuance of AML Compliance Scorecards for financial institutions on annual basis.

Between 2015-2020, he served as Vice President of the FIU and managed the Analysis, Sanctions, and IT departments. During this period, he carried out automation of analytical processes related to money laundering and terrorist financing, harmonization of AML scenarios of financial institutions, the establishment of the infrastructure of standard information flow from financial institutions, and the preparation of sectoral SAR guidelines. He left the public service in 2021 at his own request.

AMLTHINK ACADEMY

Course Content

1

DIGITAL ID TERMINOLOGY and KEY CONCEPTS

2

BASIC COMPONENTS OF DIGITAL ID SYSTEMS

- Proof of identity and registration
- Authentication and identity lifecycle management
- Portability and interoperability

3

REGULATIONS AND TECHNICAL STANDARDS ON DIGITAL IDENTITY and ONBOARDING

- International standards
- Local regulations

4

REGULATIONS REGARDING CUSTOMER DUE DILIGENCE

- Identification and verification of new customers
- Know Your Digital Customer
- Preservation of documents and digital records
- Risk based approach
- Non face-to-face transactions
- Digitalization of existing customers' IDs

5

RELIANCE on THIRD PARTIES and e-KYC PRACTICES

6

RETENTION of DOCUMENTS and INFORMATION

- Retaining the documents
- Retaining the data

7

DIGITAL ONBOARDING and AML PERSPECTIVE

- Positive aspects of e-KYC-Benefits
- Negative aspects of e-KYC-Risks

8

RISK BASED DECISION MAKING PROCESS for e-KYC and DIGITAL ONBOARDING SOLUTIONS

- Regulatory assessment
- Assurance level assessment
- AML/CFT risk assessment

9

FINAL NOTES and ADVICES

- Advices for reporting entitites
- Advices for Digital ID Service Providers
- Advices for regulatory bodies

10

COUNTRY PRACTICES

- United Kingdom
- Belgium
- Sweden
AMLTHINK ACADEMY

People interested in this course also viewed

Crypto Exchange and Adapting to Regulatory Changes

Crypto Exchange and Adapting to Regulatory Changes

How quickly are crypto exchanges adapting to changing AML regulations, what should be done to fully comply with KYC, CDD, and EDD processes? Are virtual currencies and crypto companies risky?
Learn More
INTERMEDIATE
Analytical Techniques to determine the Beneficial Owner

Analytical Techniques to determine the Beneficial Owner

How is the beneficial owner determined? What analytical techniques can be used? How should transaction processes be revised to identify the beneficial owner?
Learn More
ADVANCED
Global, Regional, and Local AML/CFT Risks and Ways to Manage Them

Global, Regional, and Local AML/CFT Risks and Ways to Manage Them

What do crime trends show at the Middle East and around the world? What crimes stand out? Which areas of activity seem riskier in terms of service and customer risk?
Learn More
INTERMEDIATE
AMLTHINK ACADEMY

Frequently Asked Questions

It is important to note that the AMLTHINK ACADEMY Training Packages are offered institutionally. If you would like to take the training courses individually, you can contact us.
AMLTHINK ACADEMY Training Package includes presentations, videos, exams, training materials, and your certificate.
Presentations, videos, exams, training materials, and certificates included in AMLTHINK ACADEMY Training Package are offered exclusively to our members who participate in our training program.
After the training, a certificate of completion or certificate of attendance will be issued depending on the level of training. Your certificates will be issued depending on the completion of the training in the case of training without examination and on the passing of the examination in the case of training with examination. Your certificates will be sent to your address and can be downloaded electronically from your AMLTHINK ACADEMY profile page.
If you would like to enroll or register for this course individually, you can contact us.
The training materials included in the course can be downloaded by our members who have attended the course. If the training materials are updated, the updated versions of the materials will be sent to our members who attended the training.

After logging in with the username and password we gave you in the Member Login section, you will be directed to the training page you received from the system. On this page, you can view your progress in training and pick up where you left off.

Course View Browser Mobile tp 2 AML

More questions?