Executive Master KYC – Know Your Customer

The KYC process – Cknow your customer

Introduction

A good KYC process should include three phases:
1) Customer identification – the first part of the process is to ascertain the customer's true identity and ensure that all checks are verified;
2) Customer due diligence – the process of assessing who the customer is, what activities they engage in, and what geographic areas they operate in. Due diligence requirements can range from simple measures to higher levels of scrutiny for high-risk individuals, activities, or operational areas.
3) Continuous monitoring – It is important to maintain continuous monitoring of customers and any significant changes or variations in the business to investigate.

The Master's program is designed to ensure that financial crime risk professionals acquire the knowledge necessary to efficiently and effectively manage the risks of money laundering, tax evasion, financial crime, and terrorist financing within their organizations.
The Master's program focuses on these topics and on specific aspects of governance and internal controls identified by international and local regulatory bodies.
The Master's program draws on the instructors' extensive experience collaborating with and delivering courses for a wide range of financial institutions.
As such, it will be both practical and interactive and should be of interest to compliance, finance, and risk professionals at financial institutions and other relevant entities.
At the end of the course, graduates will be issued the Certification  KYCACERT ® (Know Your Customer Advanced Certification), the second level of KYC Certification in Italy.

Location

The Master is available and accessible in the following modes:
– Physical classroom
– Webinar classroom
– E-learning

Structure

22 Modules in Blended mode (11 classroom + 11 e-learning) + 1 Extra Conference.
The Master's degree lasts 6 months and is organized into 22 modules attended in Blended mode.
Each module includes half a day of classroom attendance and 3 weeks of e-learning: the e-learning module follows the classroom module in time,
by delving deeper into the topics and enabling the certification of exiting skills through the administration of assessment tests with an average daily commitment of approximately 10 minutes.
The Master's teaching includes an important pragmatic activity, dedicating the afternoon of the classroom days to the practical analysis of real cases, proposed by the students themselves on the days
preceding the intervention, and subject to analysis and plenary discussion or exercise guided by the teacher.

Learning outcomes

The Master's program aims to provide a systematic and comprehensive analysis of the legal and regulatory guidelines that companies must follow in managing the risks of money laundering, tax evasion, and terrorist financing.
The Master's course covers best practices in governance, risk management, and internal control of the aforementioned financial crime risks. It includes several case studies, exercises, and discussion points, and as such will be highly practical and interactive.
Participants will develop a greater appreciation and understanding of the KYC process:
international legal and regulatory framework within which customer due diligence is required;

Incorporation of this framework into local laws and client risk management practices;
Specific high-risk threats and challenges to customers, products, geography, and business;
Risk-based business assessment framework required for a holistic approach to managing money laundering, tax evasion and terrorist financing risks;
Importance of customer due diligence in deterring, identifying, and protecting against financial crime risks;
Importance of governance, internal control and culture in managing financial crime risks;
The escalation and threat management process in managing financial crime risks continues.
recipients
The figures involved are: Managers and specialists of Anti-Money Laundering Function, Delegates Anti-Money Laundering, Responsible SOS, Managers and Specialists Legal, Compliance Managers and Internal Audit, Managers and Risk Management specialists, Consultants and freelancers who have decided to acquire a new specialization and all those who work or wish to work in the sector Know Your Customer.

Master's Diploma

At the end of the training course, each student will be able to obtain the KYC Specialization Master's Diploma (Parchment) and the Certificate, which will certify attendance of the training course and the acquisition of specialized skills verified through the tests carried out through a final written and oral exam and tests taken using the School's e-Learning platform.
Achievement is subject to the following conditions:

• regular attendance at classroom lessons;
• regular attendance of lessons on the E-Learning platform;
• passing the required written tests;
• passing the tests provided on the e-learning platform;

The issuing of the Diploma and other qualifications is, however, subject to regular attendance at lessons (at least 80% of the days).

Program

MODULE 1: in physical/virtual classroom
Panel discussion

MODULE 2 - in E-Learning
– Study on E-Learning platform

MODULE 3: in physical/virtual classroom
National and international regulatory framework on money laundering and terrorist financing
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 4: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 5: in physical/virtual classroom
KYC – Due Diligence & Beneficial Ownership
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 6: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 7: in physical/virtual classroom
KYC – Risk-Based Approach
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 8: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 9: in physical/virtual classroom
Suspicious Transaction Reporting, Transaction Monitoring & CFT
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 10: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 11: in physical/virtual classroom
Anti-Money Laundering Inspection
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 12: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 13: in physical/virtual classroom
Know your customer
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 14: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 15: in physical/virtual classroom
OSINT – techniques to support due diligence activities
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 16: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform 

MODULE 17: in physical/virtual classroom
Sanctioning regime – Concrete cases / Current operations
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 18: in  E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 19 in physical/virtual classroom
– Final exam simulation

MODULE 20: in  E-Learning
– Final exam simulation

MODULE 21 in physical/virtual classroom
– Final exam

MODULE 22: in  E-Learning
– Final exam

Financing

The Master's degree can be financed thanks to the resources made available by the main Interprofessional Funds.