(Available also for Customised Training by Duration, Venue & Fee)
Basic AML/ CFT Concept And Regulatory Responses
Understanding Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT)
The historical background and general introduction
Basic elements and concepts of AML/CFT
Understanding & Responding to Suspicious Transactions
Understanding predicate offences
The regulatory framework
Legislative pronouncement (global and locally)
Duties and obligations of stakeholders and professionals in AML/CFT regime.
AML/CFT Implementation Beyond Regulatory Compliance: A Risk Management Strategy
Indicators and red-flags to suspicious transaction - suspicious activities
Appropriate reporting - response to suspicious transaction/activities
Compliance monitoring - basic requirements and how to monitor compliance
The risk exposure of AML/CFT to individuals, entities, the nation and the globe
Mitigations strategies to the risk exposure
Identifying the challenges to effective AML/CFT implementation.
AML/CFT and Financial Institutions
Deposit Money Banks
Bureau De Change
International Finance Institutions
Continuous Training Requirement.
Registration: 8.30 – 9.00 a.m.
Class Session: 9.00 a.m. – 4.00 p.m.