BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Eventin//Event Calendar//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:9dbbeac06bf0f6fcc8e38832b4695210@eimf.eu SUMMARY:DFSA Regulations – AML Awareness for DFSA Regulated Firms DESCRIPTION:What you'll learn: Financial services rules and regulations ap ply to all firms regulated by the DFSA. These rules and guidelines are inte nded to safeguard customers when they transact with an authorized firm and purchase a financial good or service\, to stop the potential threats to fin ancial stability from materializing and hurting the real economy\, and to p rotect the integrity of the financial markets. Prudential and conduct of b usiness\, anti-money laundering and countering the financing of terrorism l egislations are all part of the DFSA financial services regulations. \n Training Fee \n AED\n 1500\n pe r person \n \n \n Live Ses sions\n \n \n Printed Stu dy Materials\n \n \n Coff ee\, Snacks & Lunch\n \n \n Certificate of Attendance\n \n \n \n Register Online\n \n NEW\n Overview \n Training Objectives \n Training Outline\n Training Style\n Overview \n To fulfill their Continuing Professional Developmen t (CPD) obligations\, the DFSA mandates that all Senior Executive Officers\ , Compliance Officers\, and MLROs of Authorized Firms complete a least 15 h ours of obligatory training every 12 months. The purpose of this 5 CPD hou rs course is to provide an understanding about all the regulatory subjects imposed by the DFSA with regard to Anti-Money Laundering and Combating Terr orism Financing\, and it was specifically developed for Authorized Individu als of DFSA-regulated enterprises. This comprehensive course provides a fu ll awareness of the critical aspects of financial security and regulatory c ompliance. Participants will gain a comprehensive understanding of money la undering\, its stages\, and the red flags to watch out for. The course cove rs essential components such as AML programs\, risk assessment\, and the cr iteria defining high-risk entities\, products\, and locations. Moreover\, i t examines international perspectives\, including the role of the Financial Action Task Force (FATF)\, global sanctions\, and the Office of Foreign As sets Control (OFAC). With a focus on practical implementation\, participant s will learn about risk-based approaches\, customer due diligence\, and the responsibilities of a Money Laundering Reporting Officer (MLRO). The cours e also explores reporting procedures\, general compliance requirements\, an d regulatory oversight\, making it an indispensable resource for profession als navigating the complex landscape of AML and terrorism financing regulat ion in the UAE.\n Training Objectives \n By the end of the prog ramme\, participants will:• Understand the Fundamentals of AML and CFT: D efine money laundering and its various stages to establish a strong foundat ional understanding of the concept.• Recognize Red Flags: Identify and an alyze the key indicators or red flags of money laundering in financial tran sactions and activities.• Implement AML Programs: Explore the components and requirements of effective Anti-Money Laundering (AML) programs in finan cial institutions.• Assess and Control AML Risks: Develop the ability to assess and manage AML risks associated with high-risk individuals\, product s\, services\, and geographic locations.• Recognize Suspicious Activity: Learn how to recognize and report unusual or suspicious financial activitie s in accordance with international standards and regulations.• Comprehend Global Frameworks: Understand the role of international organizations like the Financial Action Task Force (FATF) and global sanctions in AML efforts .• OFAC Implementation: Explore the role of the Office of Foreign Assets Control (OFAC) and how to implement an OFAC program effectively\, with a fo cus on UAE-specific regulations.• Apply Risk-Based Approach: Gain insight s into the risk-based approach to AML\, including business risk assessment\ , customer risk assessment\, and customer due diligence.• AML Compliance and Reporting: Learn about the requirements for compliance\, reporting obli gations\, and the role of the Money Laundering Reporting Officer (MLRO).• Specialized Topics: Dig into specialized areas such as correspondent banki ng\, electronic fund transfers\, designated non-financial businesses and pr ofessions (DNFBPs) registration\, and transitional rules.\n Trainin g Outline\n AML Awareness for DFSA Regulated FirmsIntroduction• Defin ition of Money Laundering• Stages of Money Laundering• The various red flags of money laundering• AML Programs• Customers using personal accou nts to run businesses• Assessing and Controlling AML Risks• The criteri a that constitutes a high-risk person\, product or service\, and geographic location• High Risk Persons and Entities• High Risk Products and Servi ces• High Risk Geographic Locations• Recognizing and Reporting Unusual / Suspicious Activity• Financial Action Task Force (FATF)• Global Sanct ions• Office of Foreign Assets Control (OFAC)• The role of OFAC and how an OFAC program should be implemented at the institution UAE National Com mittee UAE’S List of Terrorist Individuals & Entities UAE AML Executive Office Applying a Risk-Based Approach• The Risk-Based Approach Busines s Risk Assessment• Assessing Business AML Risks• AML Systems and Contro ls Customer Risk Assessment• Guidance• Assessing Customer AML Risks C ustomer Due Diligence• Requirement to Undertake Customer Due Diligence• Timing of Customer Due Diligence• Customer Due Diligence Requirements• Enhanced Customer Due Diligence• Simplified Customer Due diligence• On going Customer Due Diligence• Failure to Conduct or Complete Customer Due Diligence Reliance and Outsourcing• Reliance on a Third Party• Outsou rcing• Money Service Providers Correspondent Banking\, Electronic Fund T ransfers and Audit• Application• Correspondent Banking• Electronic fu nd transfers• Audit Sanctions and Other International Obligations• Rel evant United Nations Resolutions and Sanctions• Government\, Regulatory a nd International Findings Money Laundering Reporting Officer• Appointmen t of a MLRO• Qualities of a MLRO• Responsibilities of a MLRO AML Train ing and Awareness Suspicious Activity Reports• Application and Definitio ns• Internal Reporting Requirements• Suspicious Activity Report• Tipp ing-Off• Freezing assets General Requirements• Groups\, Branches and S ubsidiaries• Group Policies• Notifications• Record Keeping• Annual AML Return• Communication with the DFSA• Employee Disclosures• Decisi on Making procedures Designated Non-Financial Businesses and Professions ( DNFBPs) Registration and Supervision• Guidance• Registration and Notifi cations• Request to Withdraw Registration• Disclosure of Regulatory Sta tus• Whistleblowing Transitional Rules• Application• General• Spec ific Relief — Ancillary Service Provider and DNFBPs Conclusions and Clos ure\n Training Style\n The programme is designed to provide par ticipants with a better understanding of the various DFSA rules and regulat ions on AML and CFT. The use of interactive case studies will help particip ants to think critically about scenarios that will be relevant to their res pective roles and organisations. By the end of the course\, participants w ill have developed the confidence to comprehend what are the rules and regu lations applicable to them in their day to day transacting. The course is addressed to:This course is beneficial to all Senior Executive Officers\, C ompliance Officers and MLROs of DFSA Regulated Firms.\n Trainer | Nadine Ghosn Eid\n Nadine Ghosn Eid is the Founder of BeyondComply\, a compliance consultancy and training firm established to help financial se rvices companies understand and overcome the challenges arising from compli ance\, regulation\, and market developments. Nadine is a Member of the Adv isory Council of AGRC (Association of Governance\, Risk\, and Compliance).S he is also a Certified Anti-Money Laundering Specialist (CAMS) based in Bei rut who’s been a Speaker in various Global Compliance and Financial Crime Prevention Conferences\, and has more than 28 years of Banking Experience with a focus on Compliance\, Treasury\, Capital Markets and Private Banking \, in addition to 18 years of concentration in the Cards and Payments Indus try. Nadine serves as a Professional Consultant in Anti-Money Laundering\, Governance Risk & Compliance\, Regulatory Compliance\, Data Protection\, V irtual Assets Regulation\, and Cards Industry Rules and Regulations. She i s also certified as a Trainer by the European Institute of Management and F inance (EIMF)\, an EU GDPR Foundation and Practitioner by The Knowledge Aca demy UK\, and in Financial Derivatives\, Securities\, and FSA Regulations b y the UK’s Chartered Institute for Securities & Investments (CISI). Nadi ne currently holds also the position of Director of Compliance & Regulatory Affairs at areeba\, a Leading Regional Financial Technology company specia lized in the payment cards and electronic services and in offering issuing and acquiring services to banks\, other financial institutions\, merchants and retailers.Prior to areeba\, Nadine worked for 14 years with CSCBank sal \, a regional leader in the card and electronic payment processing industry \, of which the last three years have been also as Head of Compliance. Nad ine holds a Master’s Degree in Money and Banking from The American Univer sity of Beirut. She has an extended financial experience in the Middle Eas tern\, African\, American\, and European markets. She is fluent in English\ , French and Arabic\, and is no stranger to EU and US legislations\, having worked for multiple banks that do business in European and American market s.\n \n DFSA Regulations – AML Awareness fo r DFSA Regulated FirmsΔContact Person DetailsFirst NameLast NameEmail Addr essPhone NumberHow Many Participants Would You Like to Register?Billing Det ailsPlease Indicate Whom to Invoice- Select -CompanyIndividualCompany NameC ompany Registration NumberCompany Street NameCompany Street NumberCompany P ostcodeIndividual Full NameIndividual ID NumberIndividual Street NameIndivi dual Street NumberIndividual PostcodeCountrySelect CountryAfghanistanAland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua a nd BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBang ladeshBarbadosBelarusBelauBelgiumBelizeBeninBermudaBhutanBoliviaBonaire\, S aint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBri tish Indian Ocean TerritoryBritish Virgin IslandsBruneiBulgariaBurkina Faso BurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African Republ icChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongo (Brazzaville)Congo (Kinshasa)Cook IslandsCosta RicaCroatiaCubaCuraçaoCypr usCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl Sal vadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland IslandsFaroe IslandsFi jiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabo nGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuat emalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald Island sHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsle of ManIsr aelItalyIvory CoastJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKosovoKuw aitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxe mbourgMacao S.A.R.\, ChinaMacedoniaMadagascarMalawiMalaysiaMaldivesMaliMalt aMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesiaMoldov aMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepa lNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk Island North KoreaNorthern Mariana IslandsNorwayOmanPakistanPalestinian TerritoryP anamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto Ri coQatarReunionRomaniaRussiaRwandaSão Tomé and PríncipeSaint BarthélemyS aint HelenaSaint Kitts and NevisSaint LuciaSaint Martin (Dutch part)Saint M artin (French part)Saint Pierre and MiquelonSaint Vincent and the Grenadine sSamoaSan MarinoSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlo vakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia/Sandwich Islan dsSouth KoreaSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSw azilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTimor-LesteTog oTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos I slandsTuvaluUgandaUkraineUnited Arab EmiratesUnited Kingdom (UK)United Stat es (US)United States (US) Minor Outlying IslandsUnited States (US) Virgin I slandsUruguayUzbekistanVanuatuVaticanVenezuelaVietnamWallis and FutunaWeste rn SaharaYemenZambiaZimbabweNoteYou will receive a confirmation of your reg istration to the provided email upon the submission of this registration fo rm. 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