ICA Advanced Certificate in Practical Customer Due Diligence (CDD)

Course level : ICA Advanced Certificates

There are four intakes a year for this course: January, March, July and September.

Closing date for next enrolment: 20 March 2023

On 6th March 2020, the FATF published official guidance recognising the need for CDD teams to acknowledge the requirement that organisations may need to onboard customers virtually. Therefore, it has never been more important to have robust controls and procedures in place to Know Your Customer (KYC).

Adequate due diligence on new and existing customers is a key part of these controls. Without this due diligence, your firm can become subject to reputational, operational, legal, and financial risks.

We have successfully created an engaging, practical and informative learning journey that is proven to work for virtual CDD teams onboarding in a virtual world.

This qualification has been designed for KYC Analysts and professionals at all stages in their career who manage risk in the Customer Due Diligence (CDD) process.

As the only professional qualification in practical CDD, it is vital to understand the threat and mitigate the risk.

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This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

Is this course right for me?

This Advanced Certificate is open to anyone who is interested in pursuing a career in the discipline. However, the content of the programme requires students to possess:

Access to a laptop or desktop computer with headphones and microphone in order to access the virtual format of the programme ( cannot dial-in or use audio only)
Sound educational background
Good written English skills

This course is suitable for:

Those engaged in practical CDD - in an onboarding or remediation function
Contractors who wish to enter the CDD environment
Managers who oversee CDD teams
Those responsible for creating/developing CDD frameworks
New/recently appointed MLROs and deputies
Internal auditors assuming responsibilities for money laundering/financial crime issues
All individuals engaged who aspire to a career in anti money laundering

Not sure if this course is right for you? Take this short quiz to find out

What will I learn?

While undertaking this qualification, you will study the following modules:

Outcomes and success criteria of KYC
Identification and verification
Understanding the customer
Understanding the relationship
Beneficial ownership
Understanding the control structure of the entity
Customer screening
Risk acceptance
Enhanced due diligence

Course format: online blended learning

Six month course assessed by an exam at the end of the study journey
Pre-reading/exercises/tasks to be completed in advance of virtual workshops, delivered via the online learning platform
4 virtual classrooms, each lasting 4 hours covering key areas and embedding them through discussions and exercises. Virtual classes take place across two different time zones enabling engagement at an appropriate local time
Access to the ICA Learning Hub packed with additional insight and resources

Download course syllabus

We have full syllabi available for all of our qualifications. Click here to download a syllabus for this course.

Course fees

Course fees


per currency depending on location
GBP	1860
EUR	2051
USD	2423

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

If you are funding the course yourself, we offer an interest-free instalment plan of four equal monthly payments.

Discount for Low GDP countries

A 15% discount applies if you are based in one of the countries on this list The discount will be added automatically on the check out page.

Membership Fee: £110* (Associate Membership - you must be an ICA member for the duration of your studies)

*Payable unless you are already an ICA Member.

Exclusive Qualification Discount for ICA Professional and Fellow Members
All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on:

Professional (MICA) - 10%
Fellow (FICA) – 15%

Simply enter your membership number on enrolment to gain your exclusive discounted rate.

Funding available for students in Singapore

FTS-Eligible

This programme is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and programme. Participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS claims may only be made for recognised programmes with a specified validity period. Find out for more information here .

Funding

This course is eligible for Financial Training Scheme (FTS) funding.

Read more about the funding details here .

*IBF-FTS provides up to 70% funding for direct training costs subject to a cap of S$500 per candidate per programme subject to all eligibility criteria being met.

Funding available for students in Ireland

Permanent Irish residents are eligible for funding support on Advanced Certificate and Diploma programmes. Please contact [email protected] who will be happy to help.