What will be covered?

Money laundering prevention including:

• International standards
• Financial Institutions
• Non-bank financial institutions
• Designated Non-Financial Businesses & Professions
  (Casinos, Real estate agents, Dealers in precious metals and dealers in precious stones, Lawyers, notaries, and other independent legal professionals and accountants, Trust and company service providers)

Compliance including:

• Risk-Based Approach
• Definition and identification of Politically Exposed Persons (PEP) and high risk relationships
• Know Your Customer (KYC)

Understanding Suspicion including:

• Defining and identifying suspicion
• Suspicion filing and reporting
• Indicators

Sanctions Risk Management including:

• Different types of sanctions
• Use of block & watch lists
• Wider sanctions management

Terrorism Financing & Financing the Proliferation of Weapons of Mass Destruction

Practical Exercises

Who should attend?

This course is ideal for:

• Compliance Officers
• Money Laundering Reporting Officers
• Anyone managing risk
• Anyone with an AML/CFT obligation

Outcome and benefits

• Delegates will understand how to effectively apply and comply with both domestic and International AML/CFT and International Sanctions measures.
• A CPD Certificate will be issued

Course materials (included)

Delegates receive courseware to refer to throughout the course and as a refresher following the course

Pre-requisites

Basic understanding of money laundering and terrorism financing concepts.

Further courses that may be of interest:

• Digital Due Diligence (suite of 4 courses)
• IoM & UK Bribery Acts
• Developing Critical Thinking