This session will go over the ethical aspects surrounding data collection for KYC purposes. The training emphasizes the role of data gathering in regulatory compliance and the need for cautious handling. Throughout the training, we’ll touch on confidentiality, principles of data minimization, data sharing, maintaining transparency, and mitigating reputational risks. Join us to gain insights into ethical data practices within the AML/CFT framework and enhance your understanding of responsible data management.

Level 

• Beginner

Topics

• Ethics in KYC / CDD
• Data minimization
• Protection of client data
• Maintaining transparency
• Data Sharing
• Protecting reputational risks
• Case studies

Goals

• Enhance data security and privacy measures
• Promote responsible data handling
• Cultivate transparent data practices
• Mitigate ethical and reputational risks

Target Group

• Compliance Officers
• Reporting Officers
• Front line employees
• Business Owners
• (Compliance) Assistants