AGRC Certificate in KYC and CDD
Overview
Boost your customer service, administrative, and back-office skills by getting certified in KYC and CDD by AGRC!
This certificate will provide you with the tools and knowledge required to become an invaluable member of any institution’s client onboarding and customer retention process.
A key concern and significant risk for financial institutions remain the possibility of unknowingly becoming complicit in money laundering actions, where illegitimate money is moved into legitimate institutions.
In order to mitigate such risk, FIs have strengthened their internal control systems by increasingly making use of Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements, as part of their anti-money laundering (AML) strategies.
DOWNLOAD THE SYLLABUS
This certificate will provide you with the tools and knowledge required to become an invaluable member of any institution’s client onboarding and customer retention process.
A key concern and significant risk for financial institutions remain the possibility of unknowingly becoming complicit in money laundering actions, where illegitimate money is moved into legitimate institutions.
In order to mitigate such risk, FIs have strengthened their internal control systems by increasingly making use of Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements, as part of their anti-money laundering (AML) strategies.
DOWNLOAD THE SYLLABUS
Topics Covered
- Understand the importance of adopting effective KYC and CDD policies and procedures
- Review international guidance on the essential elements of KYC standards and their regulatory framework
- Be able to set up and maintain a solid and comprehensive CDD programme
- Assess the many levels of due diligence that can be applied by an organization
- Deal with higher risk situations and cases in a more effective and productive manner
- Gain a practical perspective on the adverse effects resulting from a lack of efficient KYC and CDD procedures
- And plenty more!
What's Included
15-20 hours of self-paced, online, and interactive learning, including analysis of practical case studies
The AGRC study handbook
Practice questions and a final mock exam
Free AGRC membership for one (1) year
Online exam with two attempts to pass
AGRC certificate and use of the PAGRC designation upon successful completion
I wanted to find courses which would refresh my skills and provide me with new ones, and the AGRC Certificates were exactly what I was looking for. The content was incredibly well-structured, easy to follow, and highly relevant to my goals, and I felt the real-world examples helped me to understand some of the complexities. There are some real benefits to completing all seven certifications as the interrelationships of the learning material in each course really helps to embed the information. Overall, these courses have been a valuable learning experience, and I recommend them to anyone looking to deepen their knowledge and enhance their abilities in these areas.
Lee-Anne McCready-Foreman, Chief Risk & Compliance Officer, No1 CopperPot Credit Union, UK
Target Audience
AGRC’s KYC & CDD Certificate has been designed for professionals who practice AML such as Compliance and AML Managers in banks, investment companies or funds, financial services providers and law firms.
No previous knowledge or experience is required although it is assumed that those interested have good knowledge of English and a strong educational background.
Exam Details
60 minutes long
40 multiple-choice questions (50 only for Risk Management)
70/100 pass mark
Results appear directly once you submit all of your answers.
Certificate is issued in PDF and sent by email within 48 hours.
Please keep in mind that if you do not complete your training programme and book your exam within the 3-month period, you will have to pay £150 to take the exam and for any additional attempt thereafter.
Pick Your Subject
Your options include AML, KYC/CDD, Compliance, Risk Management,
Corporate Governance, ESG & Sanctions.
Book Your Training Programme
Our e-learning bundles include the study handbook, text & video-based materials, two chances to pass the exam & one year of membership to AGRC.
Study & Take Your Exam
Complete the training programme,
book & pass your exam & become AGRC Certified.
Frequently Asked Questions
Upon registration you will attain immediate access to all study materials and self-paced eLearning lectures.
Yes, for each AGRC package you will receive the study guide and the exam (two attempts). You will also receive a structured, guided e-learning package that includes video lectures, case studies, and much more that will allow you to study at your own time and better prepare for the exam.
Yes, each AGRC Certificate is designed to be a fully self-paced, online programme, accessible with any device, 24/7, from anywhere in the world.
The AGRC study guide contains a full mock exam with 40 practice questions for your reference. The online study material online includes additional practice questions that will enable you to engage better with the content and get the most out of your reading.
You attain access to the exam upon the completion of the course. The exam is conveniently taken remotely from your own PC or laptop. You do not need to travel to an examination centre to sit your final test. Rather, you can take the exam at your own convenience, at any time from the comfort of your home or office. All you have to do is email info@agrc.org with your name, email address, and AGRC certificate of choice, and AGRC will send you instructions on how to access the exam.
The AGRC exam consist of 40 MCQs (50 MCQs in the case of the Risk Management Certificate) for the completion and award of the AGRC Certificate of your choice. The pass mark is 70% and two attempts are permitted. The time allowed for the exam is 60 minutes.
We recommended a total of 15 to 25 learning hours. As it is a fully self-paced course, you are expected to define a suitable pace yourself. However, most of our students tend to complete their training in under three (3) months.
The AGRC study guide, the self-paced online interactive course that includes the analysis of practical case studies, a set of mock practice questions to help you prepare for the exam, one (1) year of free AGRC membership, and two (2) attempts to pass the online exam. Upon passing the exam, you will attain the AGRC Certificate of your choice.
AGRC Certificates have been designed for professionals looking to build a career in governance, risk and compliance, including working in functions that focus on AML, financial crime prevention, risk management, customer onboarding and more. No previous knowledge or experience is required although it is assumed that those interested have good knowledge of English and a strong educational background.
This Certificate has been developed by the Association of Governance, Risk and Compliance (AGRC) and is accredited by the London Institute of Banking & Finance (LIBF). The syllabus is verified by external subject matter experts and may be accredited by financial regulators and professional bodies for between 15 and 25 CPD units in the topic it covers.
To register for this course, click on ”Add to Cart” above and follow the instructions to pay online. If you wish to receive an invoice instead of paying online, please contact us.