About Course
Day 1:
Session 1: Introduction to Advanced AML/CFT Management
- Overview of AML (Anti-Money Laundering) and CFT (Counter-Terrorist Financing)
- Regulatory Framework and International Standards
- Emerging Trends and Challenges
Session 2: Risk-Based Approach
- Understanding Risk Assessment
- Implementing a Risk-Based Approach
- Case Studies and Group Exercises
Session 3: Enhanced Due Diligence (EDD)
- EDD Requirements
- Customer Risk Profiling
- Practical Applications and Scenarios
Session 4: Effective Suspicion Handling
- Recognizing Suspicious Activities
- Reporting Obligations
- Interactive Suspicion Handling Workshop
Day 2:
Session 5: Transaction Monitoring
- Building Effective Transaction Monitoring Systems
- Real-time Monitoring vs. Periodic Reviews
- Using Technology and Analytics
Session 6: AML/CFT Compliance Testing and Auditing
- Conducting Internal Audits
- Regulatory Expectations
- Preparing for External Audits
Session 7: Sanctions Screening
- Understanding Sanctions Lists
- Screening Processes and Tools
- Compliance Best Practices
Session 8: Training the Trainer (TOT)
- Effective Training Techniques
- Developing Customized Training Programs
- Role-Playing and Feedback
Session 9: Course Recap and Q&A
- Review of Key Concepts
- Open Q&A Session