Certified Due Diligence Specialist in Politically Exposed Persons (CDD-PEP)

The Certified Due Diligence Specialist in Politically Exposed Persons (CDD-PEP) certification is designed to empower compliance professionals with advanced skills in managing due diligence and risk assessment for politically exposed persons (PEPs). This certification addresses the unique challenges that PEPs present, including heightened risk profiles and regulatory obligations due to potential exposure to financial crime. Through a deep dive into AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations, participants will learn how to implement effective compliance frameworks for identifying, verifying, and continuously monitoring PEPs.

Enrollment Procedure
Enrolling in the CDD-PEP program is simple and fully online. Follow these steps to get started:

1. Visit the Enrollment Page: Navigate to our website and select the CDD-PEP program.
2. Click on “Enroll Now”: Register by providing your name and email address.
3. Complete Payment: Use our secure payment gateway to finalize your registration. Once payment is confirmed, you will gain access to course materials.
4. Access Course Materials: You will receive immediate access to the Learning Management System (LMS), where you can view instructional videos and download the e-book.
5. Final Exam: When ready, attempt the final exam directly from the LMS. The exam consists of 60 multiple-choice questions (MCQs) and is closed-book, with a 60-minute time limit designed to assess your understanding of PEP compliance.
6. Exam Attempts: You have 2 attempts to pass. Additional attempts are available for a fee of $14 USD per attempt.
7. Instant Results: After completing the exam, your results will be available immediately. Upon passing, you can download your certification instantly.

Syllabus

Section 1: Understanding PEPs and Regulatory Standards

• Chapter 1: Introduction to Politically Exposed Persons (PEPs)

  • Definition and types of PEPs (domestic, foreign, international organization PEPs)
  • The significance of identifying PEPs in compliance
  • Key characteristics and risk factors associated with PEPs

• Chapter 2: Regulatory Frameworks for PEP Compliance

  • Global AML/KYC standards for managing PEPs
  • FATF guidelines, sanctions, and international regulations
  • Jurisdictional variations and compliance obligations for PEPs

Section 2: Enhanced Due Diligence (EDD) for PEPs

• Chapter 3: Identification and Verification of PEPs

  • Best practices for identifying and verifying PEPs and their associates
  • Enhanced due diligence (EDD) measures specific to PEPs
  • Tools and techniques for effective PEP screening and verification

• Chapter 4: Risk Assessment and Risk-Based Approach

  • Conducting risk assessments based on PEP profiles and activity
  • Implementing a risk-based approach to managing PEP relationships
  • Factors influencing PEP risk (source of wealth, geographical risk, and political exposure)

Section 3: Advanced Monitoring and Compliance Practices

• Chapter 5: Ongoing Monitoring and Transaction Analysis

  • Establishing monitoring frameworks for PEP transactions
  • Identifying red flags and suspicious activity patterns
  • Conducting event-driven reviews and periodic risk reassessments

• Chapter 6: Reporting Obligations and Record-Keeping

  • Reporting requirements for PEP-related suspicious activities
  • Record-keeping practices to ensure compliance and audit readiness
  • Documentation standards and regulatory expectations for PEP due diligence