Quest CE Releases Customer Due Diligence Course

MILWAUKEE – Quest CE, premier provider of compliance training and tracking technology solutions, today announced the addition of a new Firm Element course to its e-learning catalog.

The Financial Crimes Enforcement Network (FinCEN) has updated the requirements for customer due diligence in an attempt to be more proactive in requiring the financial system’s participants to take steps in identifying high risk clients based on ownership structure. The new course, “Customer Due Diligence (CDD) Rule,” examines FinCEN’s 2018 CDD Rule through case studies and real life examples of how broker-dealers and financial institutions are examining client relationships through this new lens.

Course Agenda Includes:

  • What is FinCEN?
  • Four Pillars of Anti-Money Laundering
  • The 5th Pillar: FinCEN’s CDD Rule
  • Four Core Principles of CDD
  • Exclusions and Exemptions
  • Rule Application
  • Recent Enforcement Actions
  • Case Studies

For questions regarding this or other Firm Element courses, please contact a Quest CE Sales Executive at 877-593-3366 or e-mail sales@questce.com. To view Quest CE’s Investment Adviser course catalog, click here.

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About Quest CE

For over thirty years, Quest CE has been the premier provider of compliance training and tracking solutions to the financial services industry. In addition to offering on-demand insurance and designation continuing education, Quest CE provides a complete spectrum of proprietary technology solutions for managing compliance risk exposures.

Serving more than 1,000 leading insurance carriers, broker-dealers, banks, and other financial institutions, Quest CE is committed to providing advanced custom solutions at cost effective rates, while providing a level of service that greatly surpasses that of our competitors. Quest CE is the single source solution for organizations’ training and compliance needs. For more information on Quest CE, visit www.questce.com.