Certified AML & Due Diligence Specialist (CADS)
The Certified AML & Due Diligence Specialist (CADS) program is designed to equip professionals with advanced skills and knowledge in the critical areas of Know your customer and Anti-Money Laundering (AML) and video is recorded and prepared by eStralux Compliance Association. This course provides an in-depth understanding of essential corporate KYC practices, including:
Training Syllabus:
Understanding of 10 different entity types in KYC along with attributes sourcing
Private Limited Entity
Regulated Entity
Government
State Owned Entity
Publicly Listed Entity
Investment Fund
Trust
Limited Partnership
Limited Liability Partnership
Charities
KYC Attributes definition and sourcing
Basic Attributes
Legal Name
Previous Names
Trade/Business Names
Company Registration Number
Date of Incorporation
Entity Status
Legal Form
Registered Address
Principal Place of Business
Nature of Business
NAICS
SIC
LEI
AVOX ID
Constitution Document (e.g., COI, MOA, AOA, Trust Deed, LP Agreement, LLP Agreement)
Proof of Regulation
Proof of Listing
Source of Funds
Source of Wealth
Key Individuals
Names of Directors
Names of Shareholders and UBOs (25% - Low and Medium Risk)
Names of Shareholders and UBOs (10% - High Risk)
Names of Limited Partners
Names of General Partners
Names of LLP Members
Names of Designated Members
Names of Trustees
Names of Beneficiaries
Source of Wealth of UBOs
Source of Wealth of Settlor
Source of Wealth of Limited Partners
Source of Wealth of Designated Members
Identification and Verification (ID&V)
ID&V of UBOs (High Risk)
ID&V of C-suite if there is no UBO (High Risk)
ID&V of Beneficiaries (High Risk)
ID&V of Settlor (High Risk)
ID&V of Limited Partners (High Risk)
ID&V of Designated Members (10% - High Risk)
Name screening
Politically Exposed Person (PEP)
Adverse Media
Sanctions
Discounting factors in name screening
Impact of PEP, Adverse Media and Sanctions on case level
Escalation procedure to FCC
FCC approval on high risk screening factors
Various Due Diligence types
Standard Due Diligence
Minimum Due Diligence
Enhanced Due Diligence
Comprehensive risk assessment factors
Geographic risk factors
Industry risk factors
Entity type risk factors
Screening Risk Factors
LMS access to watch recorded sessions and MCQs assessment
Lifetime access for course along with updated materials
e-book for KYC interviews preparation
Live KYC processed focusing on entities based in the United Kingdom and the USA
Live KYC on private limited company based in US and UK
Live KYC on Investment fund based in USA
