This shortened version of the US Policy Training course included amendments to the introduction topic including a new video introduction, two amended case studies, two deleted case studies and several amendments to the assessment.
The purpose of Credit Suisse’s internal Policy (P-00025), US Customer and US Cross Border Policy for the Private Banking Business (US Policy), is to mitigate compliance, legal and regulatory risks resulting from relationships and contacts with US Persons and to protect the Bank's reputation. In February, 2015, a revised version of the US
Policy was published in order to:
• Reflect revised standards applicable to client-facing employees (CFEs) engaged in US customer activities
• Define and implement the US Legal & Compliance Program, and
• Describe in further detail the consequences of non-compliance with the US Policy.