June055030.jpg)
The Association of Corporate Service Providers has organised a seminar on the criticality of effective client due diligence (CDD) and how to achieve it.
It will be held on Friday, July 10 and delivered by Stephen Platt of Jersey-based law firm and regulatory training specialists BakerPlatt/Forward.
Topics will include an explanation of CDD; the drivers for and consequences of inadequate CDD; undertaking business risk assessment; recognising the need for enhanced CDD in high-risk relationships; barriers to achieving effective CDD, and an introduction to BakerPlatt/Forward’s bespoke software solution KYC 360, designed to manage high-risk client relationships.
The seminar, free to staff of ACSP member firms and associate members, will take place at the Loch Promenade Church, Douglas, with registration from 12.15pm for a prompt 12.45pm start.
Further details are available from ACSP executive officer Antonia King, by emailing aking@acsp.co.im or ringing 830253.
IOMPO will go from 'strength to strength' in coming years says outgoing chair
Island women asked to shape first State of Style report
Sharp rise in data breaches on Island, says Information Commissioner's Office
First risk assessment on proliferation financing published
