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KYC & Customer Due Diligence (CDD) Compliance

KYC & Customer Due Diligence (CDD) Compliance

Effective KYC protects an organization only when verified identities, risk decisions, transaction behaviour, and compliance evidence remain continuously connected.

5.0
(4.8 ratings)
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22 Students

Customer identification is only the beginning of an effective financial crime compliance programme. Organizations must understand who their customers are, who ultimately owns or controls legal entities, why relationships are established, how funds are generated, and whether transactions remain consistent with known customer profiles. This KYC and Customer Due Diligence Compliance course provides a structured approach to managing these responsibilities within the Saudi regulatory environment.

 

The course examines Saudi KYC and CDD fundamentals, AML/CFT requirements, identity verification, beneficial ownership, customer risk classification, enhanced due diligence, sanctions screening, and transaction monitoring.

 

Participants also explore governance, recordkeeping, quality assurance, regulatory reporting, staff responsibilities, and audit preparation. Ultimately, the course strengthens professional capability in customer onboarding, risk-based due diligence, financial crime prevention, and defensible KYC compliance.

This KYC and CDD course develops structured capability across customer identification, beneficial ownership, risk assessment, sanctions controls, monitoring, governance, and assurance.

  • Explain the purpose and principal elements of KYC and customer due diligence.
  • Understand the Saudi AML/CFT legal and regulatory compliance environment.
  • Distinguish KYC, CDD, simplified due diligence, and enhanced due diligence.
  • Identify and verify natural persons, legal persons, and authorized representatives.
  • Establish customer acceptance and risk-classification procedures.
  • Understand the purpose and intended nature of customer relationships.

This course supports professionals responsible for customer onboarding, AML/CFT compliance, financial crime prevention, sanctions screening, transaction monitoring, risk management, and assurance.

  • KYC and customer onboarding specialists
  • Customer due diligence analysts
  • AML/CFT compliance officers
  • Money laundering reporting officers
  • Financial crime analysts
  • Sanctions-screening professionals
  • Transaction-monitoring investigators

There will be a short assessment after each module and a final assessment after completing the course. Learners must achieve a minimum score of 70% in the final assessment to pass and become eligible for the certificate.

A certificate of completion will be provided after completing the course.

Certification

Our courses are built around what professionals need most:

  • Career-focused online learning.
  • Aligned with Saudi market needs.
  • Flexible self-paced access.
  • Digital certificate included.
  • Suitable for individuals and teams.
  • Clear, structured modules.

Financial institutions need professionals who can convert customer information into reliable risk decisions, effective monitoring, defensible records, and timely financial crime escalation.

  • KYC Analyst
  • Customer Due Diligence Specialist
  • Enhanced Due Diligence Analyst
  • AML Compliance Officer
  • Financial Crime Analyst
  • Sanctions Screening Analyst
  • Transaction Monitoring Investigator

Module 1: Saudi KYC and CDD Compliance Fundamentals

25:00 minutes
  • Explore KYC objectives, customer acceptance, risk-based due diligence, customer categories, business relationships, occasional transactions, simplified measures, enhanced measures, and continuous customer review.

Module 2: Saudi AML/CFT Legal and Regulatory Requirements

28:00 minutes
  • Examine Saudi AML/CFT obligations, regulatory roles, institutional responsibilities, risk assessments, internal policies, suspicious transaction escalation, confidentiality, training, compliance oversight, and regulatory cooperation.

Module 3: Customer Identification and Verification Controls

30:00minutes
  • Develop procedures for identifying natural and legal persons, verifying official information, confirming authorized representatives, understanding relationship purposes, validating documents, and managing digital onboarding.

Module 4: Beneficial Ownership and High-Risk Customer Review

32:00 minutes
  • Identify beneficial owners and control structures, assess complex legal entities, evaluate politically exposed persons, verify source of funds and wealth, and document enhanced due diligence.

Module 5: Sanctions Screening and Transaction Monitoring

38:00
  • Establish name-screening, matching, alert review, escalation, customer-risk integration, transaction scenarios, unusual-activity detection, investigation, periodic testing, and continuous monitoring controls.

Module 6: KYC Governance, Records, and Audit Readiness

40:00 minutes
  • Develop governance structures, control ownership, processing standards, record retention, quality assurance, management information, staff training, independent testing, issue remediation, and audit-ready compliance evidence.

Frequently Asked Questions

Know Your Customer is the process of identifying a customer, verifying the customer’s identity, and developing a sufficient understanding of the relationship and associated risks.

Customer due diligence is the broader process of identifying and verifying customers and beneficial owners, understanding the business relationship, assessing risk, and conducting ongoing monitoring.

KYC commonly refers to knowing and verifying the customer. CDD includes those activities but also covers risk assessment, beneficial ownership, relationship purpose, monitoring, and information updates.

Financial institutions and other organizations subject to applicable AML/CFT requirements must establish due diligence procedures appropriate to their regulated activities, customers, products, and risks.

CDD should be completed before establishing relevant relationships or executing covered transactions, and repeated when information becomes doubtful, customer behaviour changes, or risk increases.

Information may include the customer’s full legal name, identification details, address, nationality, date and place of birth, occupation, income source, and purpose of the relationship.

Organizations should verify legal existence, incorporation information, registered address, business activities, governance arrangements, authorized representatives, ownership, control, and sources of revenue.