FAQs for IKYCA Certification

1. What is the IKYCA certification?

The International KYC Certified Specialist (IKYCA) certification is a globally recognized program designed to provide professionals with specialized knowledge and skills in KYC compliance, including customer due diligence, risk assessments, and regulatory standards.

2. Who should pursue the IKYCA certification?

The certification is ideal for:

• KYC Analysts
• Compliance Officers
• Risk Managers
• Financial Services Professionals
• Auditors and Consultants
• Newcomers looking to build a career in KYC compliance

3. What are the benefits of earning the IKYCA certification?

The IKYCA certification offers:

• Enhanced career prospects in the compliance and financial sectors.
• Global recognition as a certified KYC specialist.
• Practical insights through real-world scenarios.
• Comprehensive learning on KYC processes, risk management, and compliance standards.

4. What does the IKYCA syllabus cover?

The syllabus includes:

• The KYC lifecycle, including onboarding, periodic reviews, and offboarding.
• Customer due diligence (CDD), enhanced due diligence (EDD), and simplified due diligence (SDD).
• Risk assessments based on geography, products, and entities.
• Global regulatory frameworks and standards.

5. How many pages are in the e-book provided for the certification?

The e-book provided for the IKYCA certification contains approximately 160 pages, offering a comprehensive guide to KYC compliance and its practical applications.

6. How many attempts are allowed for the final exam?

Each candidate is allowed two attempts to pass the final exam. An additional fee of $30 USD is required for a third attempt.

7. What are the details of the final exam?

• Questions: 100 multiple-choice questions (MCQs).
• Duration: 90 minutes.
• Passing Score: 75%.
• Negative Marking: None.
• Results are displayed immediately after submission.

8. How is IKYCA different from I-CAMM?

The primary difference is their scope:

• IKYCA: Focuses exclusively on KYC compliance, including customer due diligence and risk management.
• I-CAMM: Covers both AML (Anti-Money Laundering) and KYC, providing a broader perspective on financial crime compliance.

9. What happens after passing the final exam?

Once you pass the exam, you can instantly download your certificate and share it on LinkedIn or other platforms to showcase your achievement.

10. How do I enroll in the IKYCA certification?

Visit the IKYCA enrollment page, complete the payment, access study materials, and schedule your exam.