Menu
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?
Live sessions
Virtual class
Advanced
Live: 1 day
Virtual: 2x3 hrs
AMLTHINK ACADEMY
Who Should Attend?
- Compliance Officers
- Compliance Staff
- Risk Managers
- AML Specialists
- AML Case Managers
- Transaction Monitoring Staff
- Consultants
- Internal Auditors
- Investigators
- Academicians
AMLTHINK ACADEMY
Instructor
AMLTHINK ACADEMY
Course Content
1
INTRODUCTION and KEY CONCEPTS
- Beneficial owner
- Business relationship
- Linked transactions
- Acting on behalf of a customer
- Acting for the benefit of a customer
- Business relationship
- Linked transactions
- Acting on behalf of a customer
- Acting for the benefit of a customer
2
LEGAL FRAMEWORK
- International standards
- Local regulations
- Local regulations
3
CUSTOMER DUE DILIGENCE (CDD) and ENHANCED DUE DILIGENCE (EDD)
- Identification and know your customer principles
- Simplified measures
- Analytical techniques to determine the beneficial owner
- High-risk businesses
- Transaction monitoring
- Transactions requiring special attention
- Technological risks and counter-measures
- Reliance on third parties
- Correspondent relations
- High-risk countries and linked transactions
- Refusal of the transaction
- Termination of the business relationship
- Simplified measures
- Analytical techniques to determine the beneficial owner
- High-risk businesses
- Transaction monitoring
- Transactions requiring special attention
- Technological risks and counter-measures
- Reliance on third parties
- Correspondent relations
- High-risk countries and linked transactions
- Refusal of the transaction
- Termination of the business relationship
4
DEFINING BENEFICIAL OWNER
- Natural persons
- Legal persons
- Other entities
- Exceptions
- Legal persons
- Other entities
- Exceptions
5
ACTING on BEHALF of an ANOTHER PERSON
- Questions to ask
- Nature and validity of the declaration
- Nature and validity of the declaration
6
NON-DECLARATION of BENEFICIAL OWNER
- Data that can be used at the beginning of a business relationship
- Data that can be used in transaction monitoring processes
- Data that can be used in transaction monitoring processes
7
SUSPICION on BENEFICIAL OWNERSHIP
- Scope of "reasonable research"
- Reporting decision vs reasonable research
- Reporting decision vs reasonable research
8
ANALYTICAL TECHNIQUES AND METHODS TO DETERMINE THE BENEFICIAL OWNER
- Indicators of beneficial ownership
- Case study
- Finding links to suspicious customers
- Link analysis techniques
- A new SAR or a Supplementary SAR?
- Case study
- Finding links to suspicious customers
- Link analysis techniques
- A new SAR or a Supplementary SAR?
9
CASE STUDY and TYPOLOGIES
AMLTHINK ACADEMY
People interested in this course also viewed
AMLTHINK ACADEMY
Frequently Asked Questions
How do I enroll or register for this course?
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.
What is included in the course content?
AMLTHINK ACADEMY Training Package includes presentations, videos, exams, training materials, and your certificate.
How can I view the training content?
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.
Will a certificate be issued after the training?
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.
Can I enroll or register for this course individually?
If you would like to enroll or register for this course individually, you can contact us.
Can I download the training materials in this course?
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.
How can I track my online 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.
