Your group will present the KYC-KYP-Suitability process from a foreign Country/jurisdiction (For eg. Mutual funds, securities - stocks/bonds, managed/structured products). Also, present a sample of a New Account Application Form (NAAF) from that Jurisdiction. Each group must select a different country and this is first come first served. AML and PEP requirements must be discussed. An example below of a foreign regulator:

This is the UK's Financial Conduct Authority

eg.https://www.fca.org.uk/firms/assessing-suitabilityfrom FCA in England. From here one could gather more data to write

https://www.fca.org.uk/firms/financial-crime/money-laundering-terrorist-financingThis area covers AML and includes guidance, links to actual cases

https://www.citibank.co.uk/personal/banking/customerinfo/otherinformation/documentlibrary/app_cur.pdfSampleNAAF Citibank UK

https://www.hsbc.co.uk/content/dam/hsbc/gb/pdf/mymoney-app-form.pdfHSBC sample NAAF

Answer rating: 100% (QA)

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