Students will get to learn about the Risk Based Approach to money laundering prescribed by the Financial Action Task Force.
Understanding of the compliance domain and Money Laundering.
Risk Based AML programs were introduced in 2007 by the Financial Action Task Force to overcome the challenge of the Checklist based approach of knowing your customer. Risk based approach has evolved over the decades and now requires the regulated entities to follow the framework. This course discuss some of the practical areas in Risk Based AML programs.
Who this course is for:
Compliance Professionals or professionals curious about AML compliance
1 section • 10 lectures • 31m total length
Overview of Risk Based AML Approach
Due Diligence and its importance.
Heightened Risk Entities.
Classification of Heightened Risk Entities
Which Business Sectors are considered as High Risk ?
Training Leaders in Risk management and forensic accounting
4.0 Instructor Rating
Riskpro Learning is focused on development of blended learning programs in the domain of Governance, Risk and compliance domain.
It operates in various countries under 7 different brand names including the Indiaforensic.
Under this brand company offers the learning programs on forensic accounting, fraud investigation and risk management. This course is a combination of the instructions received from the industry experts.