CySEC AML · Chapter 6 of 8
Chapter 6: Know Your Customer (KYC) and Customer Due Diligence (CDD)
The heaviest chapter — client identification and verification, beneficial ownership, and simplified vs enhanced due diligence.
11 of 40 exam questions (28%) · 152 practice questions · free: 14 notes, 18 flashcards
Try 10 free questionsFrom across the syllabus · no account needed
What Chapter 6 covers
The key topics of this chapter in the CySEC AML syllabus. Each has a free study note.
- Customer identification and verificationRead the note: How do you verify an individual's identity and address?
- Identifying beneficial ownersRead the note: Who can see beneficial ownership registers in Cyprus?
- Timing of CDD and ongoing monitoringRead the note: When must customer due diligence be completed?
- Simplified due diligence (SDD) and enhanced due diligence (EDD)Read the note: When can simplified due diligence be used?
- Politically exposed persons (PEPs)Read the note: When is enhanced due diligence required?
- Reliance on third partiesRead the note: Can a firm rely on a third party for CDD?
Exam questions per chapter
40 questions in the CySEC AML exam
- Ch 1 · Introductory Provisions0 questions
- Ch 2 · Understanding Money Laundering, Terrorist Financing and Sanctions8 questions
- Ch 3 · Legal and Regulatory Requirements6 questions
- Ch 4 · The AML Compliance Culture3 questions
- Ch 5 · Assessing and Managing Risks6 questions
- Ch 6 · Know Your Customer (KYC) and Customer Due Diligence (CDD) (this chapter)11 questions
- Ch 7 · Transaction Monitoring and Suspicious Reporting4 questions
- Ch 8 · Crypto Asset Service Providers2 questions
Questions about Chapter 6
How many questions does CySEC AML Chapter 6 carry?
Chapter 6, Know Your Customer (KYC) and Customer Due Diligence (CDD), accounts for approximately 11 of the 40 questions in the CySEC AML exam (around 28% of the total). The exact number can vary slightly from one sitting to the next.
What topics are tested in CySEC AML Chapter 6?
Chapter 6 covers: Customer identification and verification; Identifying beneficial owners; Timing of CDD and ongoing monitoring; Simplified due diligence (SDD) and enhanced due diligence (EDD); Politically exposed persons (PEPs); Reliance on third parties.
Should I prioritise Chapter 6 in my CySEC AML revision?
Yes. Chapter 6 is one of the highest-weighted chapters, with approximately 11 exam questions. Allocate proportionally more study time here, practise questions while the material is fresh and aim for 90%+ accuracy before moving on.
How can I practise CySEC AML Chapter 6 questions?
Start with 10 free questions from across the CySEC AML syllabus; no account is needed. For this chapter, the Chapter 6 Brief (€19) gives you all 152 questions in this chapter, each with a hint before you answer and an explanation after. The Chapter 6 Exam Mock (€9) is 10 exam-style questions from the chapter: one attempt, then a review of every answer. If you are sitting the whole exam, the All-in-One (€219) has every chapter, all 534 questions and 5 full mock exams. Prices are final, with no VAT added, and access has no expiry date.
Start with 10 free questions
See how the hints and explanations work before you pay.