Implementation of Anti Money Laundering AML Framework

This course will explain to you the practical concepts of Anti Money Laundering AML measures that are provided in AML/CFT Guidelines and Regulations generally issued by AML/CFT Regulators.

AML measures are adopted and implemented by financial institutions FIs such as Banks, Investment Banks, Leasing Companies, Brokerage Houses, Money Exchange Companies, Investment companies, etc. to combat money laundering risks and activities.

Financial Action Task Force FATF Recommendations also emphasize on the implementation of AML / KYC measures at the regulator and institutional levels therefore every financial institution in the world has implemented the AML Framework to avoid the system's exploitation by criminals and money launderers.

DOWNLOADABLE AML CFT CDD KYC RESOURCES

By attending this course, you can download Free Resources, including the following;

- AML/CFT CHECKLISTS - AML CFT / CDD KYC EDD TM AND AUDIT CHECKLISTS 

You will learn various important concepts related to AML - Compliance such as:

- Money Laundering,

- Anti Money Laundering AML,

- Money Laundering ML Exposed Organizations,

- Know Your Customer's KYC,

- Beneficial Owners BO,

- Customer Due Diligence CDD measures (New Customers, Existing Customers),

- Types and Categories of customers,

- Identification and Verification,

- High-Risk ML factors, and Low-Risk ML Factors,

- Threshold, Scenarios,

- Employees' Due Diligence,

- Negative Media or Adverse Media Searches,

- Sources of Negative Media and Importance in AML CDD/KYC Compliance,

- Suspicious transactions,

- AML team,

- Roles and Accountability of Money Laundering Reporting Officer (MLRO),

- Appointment of Money Laundering Reporting Officer (MLRO) etc.

- ML Risk Assessment and Transaction Monitoring,

- 7 Step Investigation Process performed by Money Laundering Reporting Officer (MLRO) to Investigate a Suspicious Transaction 

IMPORTANT INTERVIEW QUESTIONS FOR THE POSITION OF MLRO ARE INCLUDED - Part 1 and Part 2

Practical examples and scenarios are discussed in this course.

In this course, you will also learn Compliance Terminologies used in the Corporate World.

This course is designed based on practical working experience in the Compliance AML Function and is relevant for practical knowledge as well as for education purposes.

DOWNLOADABLE RESOURCES

By attending this course, you will be able to download the following AML/CFT Compliance checklists;

1. CDD KYC CHECKLIST

2. ENHANCED DUE DILIGENCE EDD

3. TRANSACTION MONITORING CHECKLIST

4. AML/CFT - INTERNAL AUDIT CHECKLIST

5. AML/CFT - 'INDEPENDENT REVIEW' MODEL CHECKLIST USED BY AML/CFT CONSULTANTS AND REVIEWERS 

6. DUE DILIGENCE AND KNOW YOUR CUSTOMER CDD/KYC 'SCREENING' CHECKLISTS - CDD KYC Screening Checklists - Customer, PEP, Beneficial Owner, and Negative Media Screening Checklists

How Will You Benefit From This Course?

By attending this course, you will:

- be able to download various AML/CFT CHECKLISTS including, AML CFT / CDD KYC / EDD / Transaction Monitoring and AML Internal Audit Checklists 

- be able to link practical scenarios related to AML

- be able to talk confidently with Compliance and AML Specialists

- be able to work in consultancy firms in their compliance functions

- get a certificate of completion of this course

- be able to perform more research and analysis on AML practices and trends in the world etc.

Who Should Attend This Course:

Bankers, Investment Bankers, Leasing professionals, Brokers, Stock Market Professionals, Financial Intelligence Unit FIU professionals, Compliance professionals, AML/CFT Professionals, Branch Managers, Operations Managers, Risk Managers, Auditors, Finance professionals, Product Managers, CAMS students, Audit students, and others who have basic knowledge about Compliance and AML and want to learn more about this important area.