Partner in Compliance accredited for the AML Register. Posted on February 5, 2025 at 1:24 pm.Written by Roeland Jongejan The DSI Accreditation Committee has officially accredited the KYC Analyst Program by Partner in Compliance for the DSI AML Register. This accreditation confirms that the program meets the quality standards set by DSI for professionals in Anti-Money Laundering (AML) and Customer Due Diligence (CDD). With this recognition, Partner in Compliance joins ACAMS, VU, the Netherlands Compliance Institute, and The Ministry of Compliance as an accredited training provider for the register. More information about the program The DSI AML Register was established to recognize professionals with proven expertise in an independent register. Employers and clients can trust that registered professionals meet high standards of quality and integrity. More information about the register can be found at www.dsi.nl/aml. The KYC Analyst Program is taught by experienced specialists and offers professionals the opportunity to further develop their expertise in this field. For more details or to register, click here. An overview of all accredited training providers can be found here. For questions or additional information, please contact DSI or Partner in Compliance.
Interview with Edwin de Heij about the DSI AML Register Posted on October 22, 2024 at 2:04 pm.Written by Roeland Jongejan Meet Edwin de Heij, Senior Analyst and Quality Checker Client Lifecycle Management at InsingerGilissen, a Quintet Private Bank S.A. On 1 July, he received his diploma for the FEC-Risk Expert course at VU Amsterdam and became the first person to register for the new DSI AML Register. We spoke with Edwin about his experiences, motivation, and vision for the future of compliance in the financial sector, as well as his registration in the DSI AML Register. My role at InsingerGilissen “At InsingerGilissen, I safeguard the quality of client investigations as a Quality Checker in Client Lifecycle Management. My role involves ensuring that client files comply with all laws and regulations, and I work closely with Client Advisors and CDD analysts to make sure of this. My approval is essential before files are further reviewed by compliance and ultimately submitted to the Client Acceptance Committee for final approval,” explains Edwin. InsingerGilissen approached Edwin to help out due to his experience at the front of the chain. “As a private banker, I have experienced firsthand how difficult it can be to ask sensitive questions, such as asking an 85-year-old widow about her late husband’s fortune. That experience enables me to empathise with bankers’ situations and support them with compliance questions. My experience helps me ask the right questions and ensure everything is compliant.” After 26 years at ABN AMRO, Edwin discovered his passion for client integrity. “As a Private Banker at ABN AMRO, I was responsible for the integrity of my client portfolio, among other things. This led me to make the switch to this field,” says Edwin. Why did I certify for the DSI AML Register? Edwin explains why he chose to become certified in the DSI AML Register: “It’s not just a badge to say, ‘look how much I know.’ It’s about demonstrating my professional competence and showing my peers that I am certified. What sets me apart from others is that I am registered with DSI.” Edwin believes the DSI Register helps highlight the value of expertise in the field and distinguishes professionals in an increasingly complex financial world. “The great thing about DSI is that it separates the wheat from the chaff,” he adds. The added value of the FEC-Risk Expert course 1 July 2024 – Edwin de Heij receives his diploma for the FEC-Risk Expert course at VU Amsterdam, presented by course director Tom Loonen. “The FEC-Risk Expert course at VU Amsterdam deepened my understanding of the entire CDD chain,” says Edwin. “It helped me become a serious discussion partner, and I use the knowledge I gained directly to assess risks more effectively and thoroughly review client files. The talks with guest speakers such as the Public Prosecution Service, DNB, FIU, FATF, and AFM helped me connect the WWFT regulations even better to practice.” Client contact and collaboration in KYC and CDD Edwin emphasises the crucial importance of personal client contact in KYC and CDD, even in an era of increasing digitalisation. “A personal conversation with the client can make all the difference when assessing their risk profile. This direct contact helps to get a complete and accurate picture.” Additionally, Edwin highlights the need for cooperation between CDD analysts and bankers. “Collaboration is essential for accurate and complete client information. CDD analysts and bankers need to combine their knowledge and insights to ensure that all information is correct and meets regulatory requirements. We are a special group of people who must bridge the commercial and risk sides.” Tips for future AML professionals Edwin advises future AML professionals to invest in education, gain experience, and always remain curious and critical. “Ask questions and dig deeper to truly understand your client,” he says. According to Edwin, DSI certification is crucial: “It not only demonstrates your personal expertise but also shows that your organisation has senior professionals who stand out. This is especially important for senior roles aiming for a competitive advantage.” The future of compliance Edwin views the future of compliance as a dynamic field with increasing influence from new legislation and international developments. “It’s essential to stay informed about these changes and understand the reasoning behind certain procedures. The DSI AML Register provides the necessary clarity and helps professionals and organisations distinguish themselves in a complex landscape.” More about the DSI AML Register Do you work in the financial sector and focus on anti-money laundering and counter-terrorism financing? The DSI AML Register offers independent recognition as an expert in this area. Certification and registration in the DSI Public Register confirm your knowledge and skills, enhance your career opportunities, and demonstrate your commitment to integrity. For details and registration, visit www.dsi.nl/aml.
Meet Edwin de Heij, Senior Analyst and Quality Checker Client Lifecycle Management at InsingerGilissen, a Quintet Private Bank S.A. On 1 July, he received his diploma for the FEC-Risk Expert course at VU Amsterdam and became the first person to register for the new DSI AML Register. We spoke with Edwin about his experiences, motivation, and vision for the future of compliance in the financial sector, as well as his registration in the DSI AML Register. My role at InsingerGilissen “At InsingerGilissen, I safeguard the quality of client investigations as a Quality Checker in Client Lifecycle Management. My role involves ensuring that client files comply with all laws and regulations, and I work closely with Client Advisors and CDD analysts to make sure of this. My approval is essential before files are further reviewed by compliance and ultimately submitted to the Client Acceptance Committee for final approval,” explains Edwin. InsingerGilissen approached Edwin to help out due to his experience at the front of the chain. “As a private banker, I have experienced firsthand how difficult it can be to ask sensitive questions, such as asking an 85-year-old widow about her late husband’s fortune. That experience enables me to empathise with bankers’ situations and support them with compliance questions. My experience helps me ask the right questions and ensure everything is compliant.” After 26 years at ABN AMRO, Edwin discovered his passion for client integrity. “As a Private Banker at ABN AMRO, I was responsible for the integrity of my client portfolio, among other things. This led me to make the switch to this field,” says Edwin. Why did I certify for the DSI AML Register? Edwin explains why he chose to become certified in the DSI AML Register: “It’s not just a badge to say, ‘look how much I know.’ It’s about demonstrating my professional competence and showing my peers that I am certified. What sets me apart from others is that I am registered with DSI.” Edwin believes the DSI Register helps highlight the value of expertise in the field and distinguishes professionals in an increasingly complex financial world. “The great thing about DSI is that it separates the wheat from the chaff,” he adds. The added value of the FEC-Risk Expert course 1 July 2024 – Edwin de Heij receives his diploma for the FEC-Risk Expert course at VU Amsterdam, presented by course director Tom Loonen. “The FEC-Risk Expert course at VU Amsterdam deepened my understanding of the entire CDD chain,” says Edwin. “It helped me become a serious discussion partner, and I use the knowledge I gained directly to assess risks more effectively and thoroughly review client files. The talks with guest speakers such as the Public Prosecution Service, DNB, FIU, FATF, and AFM helped me connect the WWFT regulations even better to practice.” Client contact and collaboration in KYC and CDD Edwin emphasises the crucial importance of personal client contact in KYC and CDD, even in an era of increasing digitalisation. “A personal conversation with the client can make all the difference when assessing their risk profile. This direct contact helps to get a complete and accurate picture.” Additionally, Edwin highlights the need for cooperation between CDD analysts and bankers. “Collaboration is essential for accurate and complete client information. CDD analysts and bankers need to combine their knowledge and insights to ensure that all information is correct and meets regulatory requirements. We are a special group of people who must bridge the commercial and risk sides.” Tips for future AML professionals Edwin advises future AML professionals to invest in education, gain experience, and always remain curious and critical. “Ask questions and dig deeper to truly understand your client,” he says. According to Edwin, DSI certification is crucial: “It not only demonstrates your personal expertise but also shows that your organisation has senior professionals who stand out. This is especially important for senior roles aiming for a competitive advantage.” The future of compliance Edwin views the future of compliance as a dynamic field with increasing influence from new legislation and international developments. “It’s essential to stay informed about these changes and understand the reasoning behind certain procedures. The DSI AML Register provides the necessary clarity and helps professionals and organisations distinguish themselves in a complex landscape.” More about the DSI AML Register Do you work in the financial sector and focus on anti-money laundering and counter-terrorism financing? The DSI AML Register offers independent recognition as an expert in this area. Certification and registration in the DSI Public Register confirm your knowledge and skills, enhance your career opportunities, and demonstrate your commitment to integrity. For details and registration, visit www.dsi.nl/aml.
Interview with Edwin de Heij about his registration in the DSI AML Register Posted on September 24, 2024 at 12:44 pm.Written by Roeland Jongejan Meet Edwin de Heij, Senior Analyst and Quality Checker for Client Lifecycle Management at InsingerGilissen, a Quintet Private Bank S.A. On 1 July, he received his diploma for the FEC-Risk Expert programme at VU and was the first to register for the new DSI AML Register. We spoke with Edwin about his experiences, motivation, and vision for the future of compliance in the financial sector, as well as his registration in the DSI AML Register. My role at InsingerGilissen “At InsingerGilissen, I oversee the quality of client investigations as a Quality Checker for Client Lifecycle Management. My role involves checking whether client files comply with all laws and regulations, and I work closely with Client Advisors and CDD analysts to ensure this. My approval is essential before files are further assessed by compliance and ultimately by the Client Acceptance Committee for final approval,” Edwin explains. InsingerGilissen asked Edwin to join due to his front-line experience. “As a private banker, I have personally experienced how difficult it can be to ask sensitive questions, such as asking an 85-year-old widow about her deceased husband’s fortune. That experience enables me to empathise with the bankers’ situation and support them with compliance questions. My background helps me ask the right questions and ensure everything is compliant.” After working for 26 years at ABN AMRO, Edwin discovered his passion for client integrity. “As a Private Banker at ABN AMRO, I was responsible for the integrity of my client portfolio, which led me to transition into this field,” says Edwin. Why I certified in the DSI AML Register Edwin explains why he chose to certify in the DSI AML Register: “It’s not just a badge I can show off to say, ‘Look how knowledgeable I am.’ It’s about demonstrating my professional competence and being able to show that you are certified as a peer. What sets me apart from others is that I am indeed in the DSI Register.” Edwin believes that the DSI Register helps highlight the value of expertise in the field and distinguishes professionals in an increasingly complex financial world. “The great thing about DSI is that it allows you to separate the wheat from the chaff,” he adds. The added value of the FEC-Risk Expert programme 1 July 2024 – Edwin de Heij receives his diploma for the FEC-Risk Expert programme at VU Amsterdam from Programme Director Tom Loonen. On 1 July 2024, Edwin de Heij receives his diploma for the FEC-Risk Expert programme at VU Amsterdam from Programme Director Tom Loonen. “The FEC-Risk Expert programme at VU Amsterdam deepened my understanding of the entire CDD chain,” says Edwin. “It has helped me become a serious discussion partner, and I apply the knowledge I gained directly to better assess risks and thoroughly review client files. The discussions with guest speakers such as the Public Prosecution Service, DNB, FIU, FATF, and AFM have helped me better connect the WWFT regulations to practice.” Client contact and collaboration in KYC and CDD Edwin emphasises the crucial importance of personal client contact in KYC and CDD, even in an age of increasing digitalisation. “A personal conversation with the client can make all the difference in assessing their risk profile. This direct contact helps create a complete and accurate picture.” Additionally, Edwin underscores the need for collaboration between CDD analysts and bankers. “Collaboration is essential for accurate and comprehensive client information. CDD analysts and bankers need to combine their knowledge and insights to ensure all information is correct and compliant with regulations. We are a unique group of people who must bridge the commercial and risk sides.” Tips for future AML professionals Edwin advises future AML professionals to invest in education, gain experience, and remain curious and critical. “Ask questions and dig deeper to truly understand your client,” he says. Certification with DSI is crucial, according to Edwin: “It not only demonstrates your personal expertise but also shows that your organisation has senior professionals who stand out. This is especially important for senior positions that want to gain a competitive advantage.” The future of compliance Edwin sees the future of compliance as a dynamic field with increasing influence from new legislation and international developments. “It’s essential to stay updated on these changes and understand the reasons behind certain procedures. The DSI AML Register provides the necessary clarity and helps professionals and organisations stand out in a complex landscape.” More About the DSI AML Register Are you working in the financial sector and focused on anti-money laundering and counter-terrorism financing? The DSI AML Register offers you independent recognition as an expert in this field. Certification and registration in the DSI Public Register confirm your knowledge and skills, enhance your career opportunities, and highlight your commitment to integrity. For details and registration, visit www.dsi.nl/en/aml.
NCI Accredited for DSI AML Register Posted on July 30, 2024 at 1:24 pm.Written by Roeland Jongejan Following the training courses from ACAMS and VU, the DSI Accreditation Committee has approved a third course that qualifies for entry into the DSI AML Register: the Leergang Bestrijding Witwassen en Terrorismefinanciering (LBW) from the Nederlands Compliance Instituut (NCI). AML and CDD professionals who start the LBW course on or after August 1, 2024, and successfully obtain their diploma will meet the requirements for inclusion in the new DSI Anti Money Laundering (AML) Register, provided they are employed by a DSI participant. Proven expertise as an AML Professional With the independent DSI AML Register, professionals with solid training have a unique opportunity to demonstrate their expertise. Registration shows that you are provenly skilled, allowing employers and clients to trust that professionals meet high standards of knowledge and integrity. Already graduated from LBW? If you already have an LBW diploma, you can be registered as a candidate certified professional in the AML Register by submitting an application to DSI. To achieve full certification, you will need to complete an additional e-learning course, available starting January 1, 2025. You can sign up for this e-learning via the website of the Nederlands Compliance Instituut. Starting August 1, 2024, this e-learning will be part of the LBW curriculum. Participants who begin from that date will receive their diploma after successfully completing the e-learning in early 2025. Need more information? If you have questions or comments about the LBW diploma or the DSI AML Register, visit this link or the NCI website to get in touch directly.
DSI launches the AML register Posted on June 2, 2024 at 8:47 pm.Written by Roeland Jongejan Today, June 3, 2024, DSI will launch the DSI Anti Money Laundering (AML) register. With this, we are taking an important step towards increasing the trust and competence of professionals in the AML sector. This initiative is the result of close collaboration between AML professionals in the financial sector, leading educators, and DSI. “With the launch of this new DSI register, we provide a uniform solution for registering the knowledge and integrity of AML professionals working in the financial sector. Certified professionals thus demonstrate their competence,” said Floris Mreijen, Executive Director at DSI. DSI Accredited Educators: VU Amsterdam and ACAMS To complete a registration, AML professionals must have completed training with a DSI-accredited educator. The DSI Accreditation Committee, in collaboration with experts from the DSI Advisory committee on Compliance Professionals, has accredited two educational institutions: VU Amsterdam and ACAMS. Other educators may follow in the near future. Floris Mreijen, managing director of DSI, signs the DSI accreditation for the FEC-Risk Expert program at VU Amsterdam together with Tom Loonen, professor and program director of FEC-Risk Expert. VU Amsterdam: Certified FEC-Risk Expert “This accreditation is an important recognition by the DSI Accreditation Committee that our program meets stringent quality criteria,” says Tom Loonen, Program Director of FEC-Risk Expert at VU Amsterdam. “We are therefore pleased that our students can be directly admitted to this register.” Click here for more information about the FEC-Risk Expert program at VU. ACAMS: CAMS-Certificering “It is a distinct honor and responsibility for ACAMS to be appointed an accredited DSI educator. This designation provides ACAMS-trained anti-financial crime professionals in the Netherlands with further recognition, demonstrating their high level of competency and commitment. We applaud the launch of the DSI Anti-Money Laundering (AML) register, which sets a new industry benchmark, and thank DSI for entrusting ACAMS with this important mandate.” – Neil Sternthal, CEO of ACAMS. Click here for more information about the CAMS certification from ACAMS. Demonstrable competence via the DSI AML Register Registration in the AML register confirms that a professional meets the high uniform competence requirements of both DSI and the sector itself. Additionally, registration offers various benefits to both the professional and their employer: Recognition: With DSI certification, professionals distinguish themselves as qualified AML experts in the financial sector. Demonstrable competence: With certification from DSI, you are demonstrably competent to clients and colleagues via the DSI Public Register. Integrity: DSI stands for integrity in the financial world, and our certification highlights the professional’s commitment to this important principle. Career opportunities: With DSI registration, professionals enhance their chances for career development and new growth opportunities in the financial sector. Professional development: Certified individuals continue to develop through access to the DSI Continuing Professional Education program. How can professionals register? The certification process at DSI is simple and transparent. Registration is always done via our website. Interested parties can also read the conditions that a professional must meet to be fully DSI certified. Interested? For more information about the register or to sign up, please contact DSI via email at certification@dsi.nl or call us at (+31) 020-620 12 74. You can also find all the details on our website: www.dsi.nl/en/aml.
DSI Anti Money Laundering (AML) Register Posted on December 12, 2023 at 10:19 am.Written by Roeland Jongejan In close collaboration with the industry, DSI has decided to launch a new register specifically targeting professionals dedicated to preventing financial crime: the DSI Anti Money Laundering (AML) register. This register provides uniform quality standards for AML professionals actively involved in the fight against financial crimes. Roles in Financial Crime Financial institutions such as banks and investment firms play a crucial role in preventing money laundering and financing terrorism. This is commonly referred to as the gatekeeper function. The number of professionals engaged in combating financial crime has significantly increased in recent years. These individuals work in areas such as Customer Due Diligence (CDD), Know Your Customer (KYC), and Anti Money Laundering (AML). DSI is developing this new register specifically for the AML professionals. What is a DSI AML Professional? The DSI AML professional operates within the financial sector and is tasked with preventing their organization’s involvement in money laundering. The professional focuses on the proper application of the Wwft and possesses in-depth knowledge of customer research (KYC and CDD) and transaction monitoring. The DSI AML professional also has the skills to effectively act in their role as a money laundering combatant. Uniform Quality Standards with an Independent Register A key consideration for establishing this register is that AML professionals need to demonstrate proven expertise. Regulators are increasingly attentive to this requirement. Currently, various training programs are available in this field, varying in depth and assessment. Our discussions with DSI-affiliated businesses reveal a need for uniform quality standards for this professional group. These standards should be set and monitored by an independent and expert certifying authority. DSI believes that such an initiative aligns well with the existing DSI certifications for investment and compliance professionals. Through the new register, DSI aims to ensure a baseline level of expertise and integrity for this professional group. In addition to uniform training requirements for entry into the register, there will also be an obligation for ongoing education. Finally, DSI’s code of conduct and disciplinary procedures will apply. Current Status In January, the final terms for the new registry were approved by the DSI Accreditation Committee. Subsequently, these terms were shared with providers of financial crime training programs. The first accreditation request is currently being processed by DSI. The Compliance Advisory Committee and Accreditation Committee will evaluate this request. It is expected that the registry will launch before the summer of 2024. Contact Information For inquiries about the new register, feel free to contact Mark van der Lecq (Lead Legal DSI) via our contact form.