Certificate of Completion
The ABCs of the Banking and Insurance Business
AML, KYC, the NAIC, IFRS, and More
What I learned
Where it connects to my work
- Due diligence - classified entities and their controlling persons
- Customer types - handled trusts, charities, partnerships, nominees
- Screening - referred sanctions and PEP hits to specialist teams
- Data privacy - worked with sensitive customer records daily
New to me
- Net interest margin
- Asset-liability matching
- Shadow banking
- Fed, OCC and FDIC
- CCAR stress tests
- Life, health and P&C insurers
- How insurers invest premiums
- NAIC and reserves
- Annuity rules
- IFRS 17