ICBA

Calendar of Events

Take advantage of ICBA webinars, seminars, and other events to help you stay ahead of the competition. We offer a variety of courses to fit every need and schedule.

Customer Due Diligence Best Practices

HELLO WORLD

Start: August 23, 2023 10:00 AM CST

Finish: August 23, 2023 11:00 AM CST

Customer due diligence is a process of anticipating what the customer’s activity will be and assessing their risk level to the bank based on certain factors. Gain valuable insights on how to conduct effective due diligence on customers to mitigate risk and ensure compliance with regulatory requirements.

Uncover the basics of Customer Due Diligence along with details about best practices for collecting customer information, identifying potentials risks, and developing risk mitigation strategies.

Learning Objectives:

  • Explore the basics of Customer Due Diligence.
  • Understand how well you should “know” your customers.
  • Learn about customer risk rating.
  • Differentiate CDD vs. EDD (enhanced due diligence).
  • Gain knowledge about high-risk monitoring.

Duration: 60-minutes

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Upcoming Events

Customer Due Diligence Best Practices

Aug 23, 2023

Customer due diligence is a process of anticipating what the customer’s activity will be and assessing their risk level to the bank based on certain factors. Gain valuable insights on how to conduct effective due diligence on customers to mitigate risk and ensure compliance with regulatory requirements.

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