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OVERVIEW

PROVIDED COURSES

UPCOMING COURSES

AML and Correspondent Banking Relationship

COURSE SUMMARY
The money laundering field has changed and expanded dramatically in recent years. Financial crimes, specifically money-laundering schemes, grow unchecked in both complexity and volume. As the threat landscape changes continuously, it’s more important than ever that financial institutions elevate their defensive posture to match the increasingly perilous terrain. To confront a growing number of threats and more savvy criminals, professionals in anti-money laundering roles need training that goes beyond the basics.
This AML Training is an extensive online training course built for this new reality of financial crime. It starts with an in-depth review of foundational AML training topics and best practices, then goes beyond to cover the advances in technology that could be applied to strengthen your organization’s AML/CTF program.
Key course highlights:
  • Anti – money laundering trends and regulations update
  • The U.S. Anti-money Laundering Act 2020 and its compliance expectations
  • BSA/AML Program Modernization
  • Sanction Compliance Program
  • AI/ Machine Learning Application to solve the issue of traditional BSA/AML solutions.
Target Audience
This course is suitable for senior managers with responsibility for, or involvement in, the development or implementation of AML policies and procedures. It will also highly benefit financial officers, financial controllers, accountants, Money Laundering reporting officers, compliance officers, managers, auditors and staff with duties requiring AML compliance.
Venue and Time
Option 1: 08 – 12 September 2025
- 08 September 2025 to 09 September 2025: Aria Hotel, Nevada
  • 9am-5pm: training sessions
- 10 to 12 Sep 2025: Tentative Venue: Hyatt Regency Orange County, CA
  • Morning session of 10 Sep: commute to California
  • Afternoon session of 10 Sep and Full day of 11 Sep: training session
  • 12 Sep: Field trip & Closing remark
Option 2: 15 September – 19 September 2025
-15 to 16Sep 2025: Tentative Venue: Aria Hotel, Nevada
  • 9am-5pm: training sessions
- 17 to 19 Sep 2025: Tentative Venue: Hyatt Regency Orange County, CA
  • Morning session of 17 Sep: commute to California
  • Afternoon session of 17 Sep and Full day of 18 Sep: training session
  • 19 Sep: Field trip & Closing remark
Option 3: 29 Sep – 03 October 2025
- 29 to 30 Sep 2025: Tentative Venue: Aria Hotel, Nevada
  • 9am-5pm: training sessions
- 01 to 03 October 2025: Tentative Venue: Hyatt Regency Orange County, CA
  • Morning session of 01 Oct: commute to California
  • Afternoon session of 01 Oct and Full day of 02 Oct: training session
  • 03 Oct: Field trip & Closing remark
Option 4: 03 November – 07 November 2025
- 03 and 04 Nov 2025: Tentative Venue: Aria Hotel, Nevada
  • 9am-5pm: training sessions
- 05 to 07 Nov 2025: Tentative Venue: Hyatt Regency Orange County, CA
  • Morning session of 05 Nov: commute to California
  • Afternoon session of 05 Nove and Full day of 06 Nov: training session
  • 07 Nov: Field trip & Closing remark
Option 5: 10 November – 14 November 2025
- 10 and 11 Nov 2025: Tentative Venue: Aria Hotel, Nevada
  • 9am-5pm: training sessions
- 12 to 14 Nov 2025: Tentative Venue: Hyatt Regency Orange County, CA
  • Morning session of 12 Nov: commute to California
  • Afternoon session of 12 Nov and Full day of 13 Nov: training session
  • 14 Nov: Field trip & Closing remark

AGENDA
TOPIC DESCRIPTION / TIME

SECTION A

 DAY 1 & DAY 2
I. AML: Past, Present and a New Future – Regulation Perspective
1. History of Anti-money LaunderingLaws in the US
  • U.S. Key BSA/AMLRegulatory Developments Timeline
  • U.S. Enforcement Developments
  • International Developments
2. AML Evolution in Vietnam
  • Legal Framework and Compliance Status Overview
II. Compliance Culture & Risks of Non-compliance
  • Risks of non-compliance: Cases study
  • Compliance culture and the Board of Directors’ roles in AML compliance
III. Anti-money Laundering Act 2020 (AMLA 2020)
  • AMLA 2020
    • Aim at Increasing BSA/AML Effectiveness and Modernization
    • Increased BSA/AML Enforcement Tools and Authority
    • Expanded BSA/AML Penalties
    • Expanded Subpoenas Authority for Foreign Bank Records
  • AMLA 2020 and Its Influence to the Development of AML/CTF Legislation Worldwide
IV. FinCEN’s National Priorities: How Effective is Your AML/CTF Program
  • The first FinCEN’s 8 National Priorities and its Compliance Expectations.
  • How “Effective” and “Reasonably Designed” your AML/CTF Program are?
V. Money Laundering and Correspondent Banking
  • Money Laundering Risks posed by Respondent Banks and their Customers
  • Practices for better understanding and managing the KYC and AML risks of respondent banking relationships.
  • Technology systems and innovations that can strengthen correspondent banking risk governance.
VI. Sanctions
1. Sanctions Origin and Legal Framework
  • Sanctions Origins
  • Sanction Creation and Enforcement
2. Sanctions Violations and Typical Sanction Evasion Schemes
  • Shell Companies
  • Trade Finance
  • Correspondent Banking
  • Cryptocurrency (Venezuela “petro” digital currency, etc.)
3. US Sanctions Update
  • Key updates on the US Sanctions
  • Ukraine-/Russia- Related Sanctions
4. Sanctions Compliance Program
  • Identifying and Managing Sanctions Risk
  • Key Aspects of a Robust and Effective Sanctions Compliance Program
  • Strategies for Strengthening Sanctions Compliance
VII. Combating Financial Crime in the Digital Age
  • Trends and challengers in the digital Age
  • Advanced Technology for Improved Efficiency and Effectiveness of fighting financial crime
SECTION B DAY 3
I. AML Program Modernization
  • Current Challenges Across the AML Program
  • The Need for AML Program Modernization
  • Anatomy of A Modern AML Program
  • Operation Considerations
II. Enterprise-Wide Risk Assessment (EWRA) to Reflect New Threats/New Regulation Requirements and to Build a Modern Comprehensive AML/CTF Program
  • Inherent Risks Vs. Residual Risks
  • Inherent Risks Considerations
  • EWRA – Stakeholder Engagement, Stakeholder Accountability and Partnering for Success
  • Risk Assessment Cycle
III. AI, Machine Learning for AML Program Modernization
1. Challenges of Traditional AML Solutions
  • CompromiseCustomer Experience due to High False Positives
  • Labor Intensive
  • Inefficient due to Manual Involvements
2. AML Tasks with Possible AI Application
  • Customer Identification and Verification (KYC)
  • Transaction Monitoring
  • Identification and Implementation of Regulatory Updates
  • Automated Data Reporting
3. Challenges for AI and Machine Learning as Part of AML Solutions
  • Data Quality
  • Explainability of the Results
SECTION C DAY 4
I. The Future of Transaction Monitoring
  • Challenges in Transaction Monitoring
  • Regulatory Lanscape
  • Use of Advancements in Technology
II. Conducting or Supporting the Investigation Process
1.Responding to Law Enforcement Investigation
  • Law Enforcement Investigations
  • How to respond to Law Enforcement Investigation
2.Conducting an internal investigation
  • Internal Investigation
  • Necessary Steps in Conducting the Investigation
  • Exploiting the Internet for Money Laundering Investigation
3.Supporting the Investigation process
  • AML Cooperation Between Countries
  • Mutual Legal Assistance Treaties
  • Financial Intelligence Unit
  • The Supervisory Channel
  • FATF Recommendations on Cooperation Between Countries
III. Synthesize and evaluate the AML/CTF program
  • Establish a robust AML/CTF Compliance Program
  • An independent review of AML/CTF Program
SECTION D DAY 5
Site visit and experience sharing from a US banks or money transmitter’s head office/agents.
1. Introduction of the Bank’s AML program
  • A successful AML Program: accountability and commitment on behalf of Management/Board of Directors
  • Challenges and obstacles in responding to changes and updates in laws and regulations
  • Transaction monitoring and filtering system
2. Case study
  • Real cases experienced by the Bank/Money Transmitter

OUR LECTURES
1. Our Philosophy:
  • “We committed to provide the most comprehensive compliance training for every single client so that our clients will always do the right thing each and every single time.”
    • 2. Our Lecturers’ Qualification:
    • a. At least 10 years experiences dealing with the U.S. banks and the U.S. State and Federal regulators in compliance aspect
    • b. CAMS ( Certified Anti-Money Laundering Specialists) Certificate Holder
    • c. Updating knowledge about AML & CFT Laws and Regulations every year via professional compliance conference and the U.S. regulators conference
    • d. Partnership with
      • i. Edward Brady, CAMS, President and Lead Independent BSA / AML Compliance Consultant at A.E.B. Consulting Services, 5 years experience in AML training, plus 4 years working as Chief Compliance Officer for Money Service Business.
      • ii. Hanh Le, CAMS, Chief Compliance Officer at VCB Money, Inc. 15 years of experience in AML.
      • iii. Duong Le, former Director of AML Department of Vietcombank, former Deputy Director of Banking Technology Modernization Board of Vietcombank with over 32 years of experience in Banking and Compliance.

    FEES AND APPLICATION
    Fee: US$ 4,500.00 per participant

    (Including coffee breaks; No meals provided; Travel expenses for airfare, hotels and transportation costs if any are on participants’ own account)

    Discount for group registration:
    • 5% discount for group of 6 – 10 participants,
    • 10% discount for group of 10 – 15 participants
    • 15% discount for group of over 15 participants
    Application:

    Register on line at our website or via email to amltraining@tnmonex.com at least 15 days before the course starting date

    Register Now