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AML & Digital Onboarding - Practical Strategies for Financial Services

Level
Intermediate: Requires some prior subject knowledge
CPD
1.5 hours
Group bookings
email us to discuss discounts for 5+ delegates
AML & Digital Onboarding - Practical Strategies for Financial Services

Session

31 Jul 2025

9:00 AM ‐ 10:30 AM

With a SmartPlan £153

With a Season Ticket £170

Standard price £340

All prices exclude VAT

Introduction

This new virtual classroom seminar will provide financial professionals and compliance officers with critical insights into Anti-Money Laundering (‘AML’) regulations as they pertain to digital onboarding processes.

You will learn about the regulatory framework established by the Financial Conduct Authority (‘FCA’), the challenges of digital onboarding, and best practices for ensuring compliance.

You will gain a comprehensive understanding of AML regulations as they relate to digital onboarding, as well as be equipped with practical strategies to ensure compliance, manage risks, and leverage technology effectively in your onboarding processes.

What You Will Learn

This live and interactive course will cover the following:

  • Understanding AML in the context of digital onboarding:
    • Overview of AML regulations and their relevance to digital onboarding
    • The role of the FCA in regulating AML practices for financial institutions
    • Importance of effective onboarding processes in mitigating money laundering risks
  • Regulatory framework for digital onboarding:
    • Key FCA requirements for AML compliance in digital onboarding
    • Understanding customer due diligence (‘CDD’) and enhanced due diligence (‘EDD’) obligations
    • Implications of the 5th Anti-Money Laundering Directive on digital processes
  • Risk assessment and management:
    • Identifying risks associated with digital onboarding in financial services
    • Developing risk management strategies to address potential vulnerabilities
  • Technology and compliance in digital onboarding:
    • Overview of technology solutions facilitating AML compliance in onboarding
    • Tools for identity verification, transaction monitoring, and data protection
  • Best practices for digital onboarding:
    • Guidelines for implementing effective digital onboarding procedures
    • Ensuring transparency and communication with customers during onboarding
    • Strategies for maintaining customer trust while complying with AML regulations
  • Training and awareness programs:
    • Importance of training staff on AML compliance in digital onboarding
    • Developing effective training programs to enhance awareness of AML risks
    • Fostering a culture of compliance within organisations regarding digital processes
  • Challenges and future trends:
    • Current challenges in aligning digital onboarding with AML compliance requirements
    • Preparing for future developments in AML regulations and technology integration

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.

AML & Digital Onboarding - Practical Strategies for Financial Services