How to Prevent Financial Crime Through Effective Enhanced Due Diligence
Back by popular demand! Join our webinar for Accountable Institutions to explore the critical role of Enhanced Due Diligence (EDD) in safeguarding your business against financial crime.
Trusted by hundreds of law firms, banks, asset managers and other discerning businesses
Upcoming Online Webinar:
- 23 July
- 10:00 - 11:00 SAST
- The webinar is free of charge
About the webinar:
Failure to implement Enhanced Due Diligence (EDD) isn’t just a minor oversight—it’s a serious risk that can leave your business exposed to financial crime, severe administrative sanctions, and regulatory fines.
Due to high demand and positive feedback, this webinar is back to provide deeper insights into the real-world consequences of neglecting EDD. In this session, we’ll walk you through the serious consequences of neglecting EDD, from massive fines and compliance failures to irreversible damage to your business reputation.
Without a detailed and documented EDD process in place, your organisation could unintentionally become a conduit for Money Laundering, Proliferation financing, or Terrorist Financing.
During this one-hour session, you will gain an understanding of how customer due diligence and enhanced due diligence differ, what steps to take during this process, and how this could assist your business in meeting its FICA obligations.
Topics to be discussed:
- Recent fines that made headlines
- What is EDD
- Understanding Customer Due Diligence (CDD) and EDD
- The importance of EDD
- Overview of how the EDD process works
- How nCino KYC Africa can enhance your business’s defense against financial crime
A certificate of attendance will be sent to delegates who attend the session for longer than 45 minutes.
If you any questions regarding the webinar, please contact us on kycafrica.communication@ncino.com
Meet Our Expert Speakers
Murray Collier
Business Development Manager
Murray is an experienced business development manager with a strong Financial Compliance, Regulatory Operations, and Banking Operations background. With 6 years of experience in the banking field, he played an integral part in implementing the FIC Amendment Act at one of the major banks in South Africa.
In his current role at nCino KYC, Murray assists Accountable Institutions in identifying the gap between FIC regulations and their existing practices. Through his expertise, he advises how customers can bridge this gap by implementing technology to streamline the process and ensure FICA compliance.
Thilomi Govender
Financial Crime Compliance Manager
Thilomi Govender is a highly qualified Compliance Officer at nCino KYC with extensive experience in corporate governance and financial crime compliance. She holds an Honours in Compliance Management, and is also a Certified Global Sanctions Specialist Candidate. With 9 years of experience in financial crime compliance in the financial sector, Thilomi has a wealth of knowledge in Transactional Monitoring, Customer Due Diligence, and Know your Customer processes. Her practical experience also includes FIC reporting and onboarding intricate entity types.
nCino KYC is a one system solution that meets all our needs when verifying clients and has become an even greater asset with the advent of the FICA amendment act
Alexia Pretorius
Hollard
