Anti-money laundering regulations (AML), including Know Your Customer (KYC) requirements, are hardly a new concept in the world of financial services. Over the years, financial institutions have largely mastered the mechanics of compliance. However, money laundering has become more sophisticated with the rise of innovative technologies. Parallelly, anti – money laundering regulatory landscape continues to revolve and expand.
This course provides a comprehensive and practical analysis of Money Laundering schemes, Anti-Money Laundering legislations, and counter-measure techniques and implementation, in order to set up and maintain a comprehensive and efficient AML Program to protect your organization from being a target of money laundering and to avoid being fined due to violations of AML regulations.
Key course highlights:
- Money laundering risks associated with new technologies
- Anti – money laundering trends and regulations update
- Anti – money laundering program satisfying U.S. and International AML Control Standards
- Concepts and logics to build an AML control standards
- Response to changes of new money laundering schemes and regulations evolving
This course is suitable for senior managers with responsibility for, or involvement in, the development or implementation of Anti-Money Laundering 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 Anti-Money Laundering compliance.
This course is fully interactive and participation is encouraged to achieve maximum benefit. Participants are invited to present their own cases and scenarios, where questions can be answered and doubts can be resolved. There will also be team activities, real comprehensive case studies and practical examples for discussion.