Certified Due Diligence Specialist in Virtual Asset Service Providers (CDD-VASP)

The Certified Due Diligence Specialist in Virtual Asset Service Providers (CDD-VASP) is a globally recognized certification designed to equip professionals with essential skills and expertise in compliance and due diligence within the virtual asset sector. This certification focuses on managing the unique regulatory and risk challenges associated with Virtual Asset Service Providers (VASPs), emphasizing adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) standards. With a strong foundation in global regulations, including FATF guidelines and jurisdictional requirements, the CDD-VASP certification prepares candidates to navigate the complexities of compliance in the rapidly evolving world of virtual assets. This program provides practical insights into regulatory frameworks, customer due diligence requirements, and transaction monitoring strategies specific to VASPs, enabling professionals to excel in safeguarding against financial crime within the virtual asset space.

Enrollment Procedure

Enrolling in any of our certifications is a seamless online process:

1. Visit the Enrollment Page
   Navigate to our website and select your desired certification program.
2. Register for the Course
   Click “Take This Course” and complete the registration form with your details.
3. Payment
   Make a secure payment through our gateway to access the course materials and LMS.
4. Access Materials
   Gain full access to study resources in e-book format via the LMS within 3 hours of enrollment.
5. Final Exam
   • Attempt the online exam consisting of 50 MCQs in 40 minutes.
   • The passing score is 75%.
   • You are allowed two attempts to pass the exam. Additional attempts can be purchased for 25% of the certification fees.
6. Instant Certification
   Upon passing the exam, your certificate will be available immediately for download and sharing in the Profile Section.

Section 1: Foundations of Virtual Assets and Regulatory Standards

• Chapter 1: Introduction to Virtual Assets and VASPs
  • Overview of virtual assets and the role of VASPs
  • Key terminology, industry trends, and foundational concepts
  • Introduction to relevant regulatory bodies and oversight jurisdictions
• Chapter 2: Regulatory Frameworks for Virtual Assets
  • Key AML/KYC standards applicable to VASPs
  • Compliance with FATF, AMLD5/6, FinCEN, and other guidelines
  • Licensing requirements and jurisdictional variations for VASPs

Section 2: Customer Due Diligence (CDD) and Risk Management

• Chapter 3: Customer Due Diligence (CDD) in VASPs
  • Identification, verification, and enhanced due diligence (EDD)
  • Procedures for customer onboarding and periodic reviews
  • CDD processes tailored to virtual asset customers
• Chapter 4: Risk Assessment and Risk-Based Approach
  • Implementing a risk-based approach (RBA) in virtual assets
  • Analyzing transactional, geographic, and customer risk specific to VASPs
  • Ongoing monitoring and adjustment of risk profiles

Section 3: Advanced Compliance Practices for VASPs

• Chapter 5: Transaction Monitoring and Suspicious Activity Reporting
  • Developing transaction monitoring programs tailored to VASPs
  • Identifying suspicious transaction patterns and red flags
  • Reporting suspicious activities to relevant regulatory authorities
• Chapter 6: Emerging Risks and Compliance Strategies
  • Addressing risks from emerging areas (DeFi, NFTs, privacy coins)
  • Compliance challenges with blockchain technology and innovations
  • Preparing for evolving regulations and future compliance demands in virtual assets