Recent PEPs Screening Guidance from Regulators

Sept 14, 2021 | 12 – 1:00 pm ET |  1 CAMS | Register Now

Knowing how to assess the risk associated with a Politically Exposed Person (PEP) and understanding when and how to conduct the appropriate amount of due diligence for PEP clients is not always straightforward. Join Ola Tucker, JD, CAMS, as she shares her expertise on what constitutes a PEP and their associated varying levels of risks. She will also review why relationships with certain PEPs may present increased financial crime threats and the importance of conducting risk-based customer due diligence (CDD) for PEPs.

By the end of this presentation, attendees will:

  • Know how to assess the risk associated with a PEP
  • Understand best practices on how to develop a customer risk profile and determine when and what additional customer information banks and other financial institutions should collect
  • Understand specific transactional risk factors that may increase the risk profile of PEP customers
  • Know the indicators that may be useful in identifying potential money laundering activity
  • Be better able to tailor their compliance program and processes in accordance with regulatory requirements

Join us!