FATF Recommendations on Politically Exposed Persons PEPs

About this course

Hello Welcome to the 'FATF Recommendations on Politically Exposed Persons PEPs' course.Before discussing the course topics, I have some questions for you to think;1. Do you know the true concepts and scope of PEPs, Family, and Associates as per FATF Recommendations and Its Guidance?2. Do you know why PEPs become highly relevant when we talk about Financial Crimes such as Money Laundering ML, Terrorist Financing TF, and Proliferation Financing PF and High Risk Activities?3. Do you know which Recommendations of the Financial Action Task Force FATF address, either directly or indirectly, the Politically Exposed Persons PEPs, Related Parties, and their Activities? 4. Do you know key AML.CFT compliance activities recommended for Financial Institutions and other Regulated Entities to manage PEPs and related risks, and why such activities are crucial and linked to the reputation of institutions? After attending this course, you will get the answers to the above key questions. --CORE AREAS AND TOPICS COVERED IN THIS COURSEThis course is designed to provide you with a practical insight and knowledge of Anti-Money Laundering and Countering Financing of Terrorism AML/CFT Compliance, FATF's Recommendations and Guidance to deal with Politically Exposed Persons PEPs. In this course, you will learn the practical significance and interlinking of FATF Recommendations No. 1, 10, and 12 which combinedly cover risk assessments, Due Diligence CDD/KYC, and enhanced due diligence EDD of PEPs, their Close Family Members, and Associates. In this course, you will learn in detail the following topics/concepts:- Money Laundering and Terrorist Financing with Examples- Anti-Money Laundering and Countering Financing of Terrorism AML/CFT Compliance,