KYC Reviews Explained: Periodic vs Event Driven in CDD

Have you ever wondered what the difference is between Periodic Reviews and Event-Driven Reviews in KYC? In this video, we break down how both review types fit into the Customer Due Diligence (CDD) process — and why they’re essential to an effective AML framework. You’ll learn: 🔹 What KYC reviews are and why they matter 🔹 How Periodic Reviews work (and how often to perform them) 🔹 What triggers an Event-Driven Review in CDD 🔹 Real-world examples from financial institutions and compliance teams 🔹 How to apply a risk-based approach to ongoing due diligence 🚀 Want to work in AML, Compliance or Financial Crime Prevention? | The FinCrime Career Accelerator gives you practical, real-world training to launch or grow your career in this field. 🎓 Start here → https://bit.ly/FinCrimeTraining ▬▬ SPECIAL OFFERS ▬▬ 💼 Join my Patreon community for exclusive Q&As and behind-the-scenes content: https://www.patreon.com/FCAgent 🎓 Get 20% off AGRC Certifications with code FCA20: https://fincrimeagent.elearning.lgca.uk/ ▬▬ SUBSCRIBE & SUPPORT ▬▬ 🔔 Subscribe to FinCrime Agent and hit the bell to get notified: https://bit.ly/2WQxrcT 💬 Drop a comment to share your thoughts or questions 💲 Want to support the channel? Send a Super Thanks below the video! ▬▬ CHAPTERS ▬▬ 00:00 - Intro on event-driven reviews in cdd 00:37 - What Are KYC Reviews 01:29 - Periodic Reviews 02:33 - Event-Driven Reviews 04:08 - Why This Actually Matters 05:16 - Real-World Upskilling 06:09 - Final Recap ▬▬ CONNECT ▬▬ 🌐 All my links in one place → https://linktr.ee/fincrimeagent ▬▬ DISCLAIMER ▬▬ This video is intended for general informational or entertainment purposes only. The views and opinions expressed in this video are those of the author and do not necessarily reflect the original policy or position of people, institutions, or organizations that the owner may or may not be associated with in professional or personal capacity, unless explicitly stated. Furthermore, no endorsement of any criminal activity is expressed or implied. PARTNERSHIPS & AFFILIATIONS: For transparency, the video you just watched is NOT sponsored. Some of the links included in this space are affiliate links, and I could earn a small commission if you make a purchase. This will be at no extra cost to you and will allow me to continue making more videos like this one. © Marco Beranzoni - All rights reserved. No part of this video presentation may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, mechanical, electronic, photocopying, recording, or otherwise without the prior written permission of the owner. #FinancialCrime #KYC #Compliance #CDD