Text
The cornerstone of a strong AML compliance program is the adoption and implementation of comprehensive CDD policies, procedures, and processes for all customers, particularly those that present a higher risk for money laundering and terrorist financing.
Customer Due Diligence measures ensure that businesses know who their clients are, so that they do not accept clients outside of their normal risk tolerance, or whose business they do not fully understand.
These processes assist the bank in determining when transactions are potentially suspicious. The concept of CDD begins with verifying the customer’s identity and assessing the risks associated with that customer.
Vocabulary
Common Words
| #
| English Term
| Russian Equivalent
|
| 1.
| a concept
| понятие
|
| 2.
| a cornerstone
| краеугольный камень
|
| 3.
| a customer
| клиент
|
| 4.
| a framework
| основание, базовый механизм, структура
|
| 5.
| an illicit purpose
| незаконная цель
|
| 6.
| associated with …
| связанный с …
|
| 7.
| comprehensive
| всесторонний
|
| 8.
| critical
| важнейший
|
| 9.
| products and services
| товары и услуги
|
| 10.
| so that …
| таким образом, что …
|
| 11.
| to assist
| помогать
|
| 12.
| to determine
| определять
|
| 13.
| to ensure
| обеспечивать
|
| 14.
| to present a higher risk
| представлять больший риск
|
Special Terms
| 15.
| a transaction
| операция
|
| 16.
| adoption and implementation
| принятие и реализация
|
| 17.
| an AML compliance programme
| программа соблюдения требований законодательства по ПОД
|
| 18.
| CDD (Customer Due Diligence)
| НПК (надлежащая проверка клиента)
|
| 19.
| Customer Due Diligence measures
| меры надлежащей проверки клиента
|
| 20.
| financial loss
| финансовые потери
|
| 21.
| increased expenses
| увеличение издержек
|
| 22.
| policies, procedures, and processes
| меры, процедуры и процессы
|
| 23.
| reputational risk
| риск подрыва репутации
|
| 24.
| risk tolerance
| устойчивость к риску
|
| 25.
| safe and sound banking practices
| добросовестное ведение банковского дела
|
| 26.
| suspicious
| подозрительный
|
| 27.
| to assess risks
| оценивать риски
|
| 28.
| to avoid criminal exposure
| избегать рисков, связанных с преступностью
|
| 29.
| to comply with regulatory requirements
| выполнять надзорные требования
|
| 30.
| to expose to
| подвергать чему-либо
|
| 31.
| to report suspicious activity
| сообщать о подозрительной деятельности
|
| 32.
| to verify the customer’s identity
| удостоверять личность клиента
|
Lesson 2
Text
For customers that are legal persons, the financial institution should be required to take reasonable measures to understand the ownership and control structure of the customer; determine who are the natural persons that ultimately own or control the customer. Financial institutions should conduct ongoing due diligence on the business relationship. It should include scrutiny of transactions undertaken throughout the course of that relationship to ensure that the transactions being conducted are consistent with the institution‘s knowledge of the customer, their business and risk profile, and where necessary, the source of funds.
Vocabulary
Common Words
| #
| English Term
| Russian Equivalent
|
| 1.
| a source document
| первичный документ
|
| 2.
| data
| данные
|
| 3.
| reasonable measures
| разумные меры
|
| 4.
| relevant
| релевантный, соответствующий
|
| 5.
| reliable
| надежный
|
| 6.
| scrutiny
| внимательное изучение, рассмотрение
|
| 7.
| should be required to
| должны быть обязаны
|
| 8.
| throughout
| на всем протяжении
|
| 9.
| to be consistent with
| не противоречить
|
| 10.
| to collect
| собирать
|
| 11.
| to keep up-to-date
| обновлять
|
| 12.
| to ultimately own
| быть конечным собственником
|
| 13.
| to undertake a transaction
| совершать операцию
|
| 14.
| where necessary
| при необходимости
|
| 15.
| whether permanent or occasional
| (вне зависимости от того) постоянный или нерегулярный
|
Special Terms
| 16.
| to undertake a review
| производить рассмотрение
|
| 17.
| a legal person
| юридическое лицо
|
| 18.
| a natural person
| физическое лицо
|
| 19.
| business and risk profile
| деловой профиль и структура риска
|
| 20.
| existing records
| существующие материалы
|
| 21.
| ownership and control structure
| организационно-правовая форма собственности
|
| 22.
| to conduct ongoing due diligence
| осуществлять непрерывные меры по надлежащей проверке клиента
|
