In a modern world, which is led by technological innovation while regulation is updated on a dynamic pace, committed professionals are obliged to stand against serious threats faced by the financial sector relating to money laundering, bribery, corruption and terrorist financing.
This certificate aims to boost professionals to overcome major hurdles by applying a realistic and efficient risk-based approach, while thinking of the unexpected event of new challenges that appear daily by criminals on a global scale with a dynamic pace. Financial institutions are vulnerable to be used as a stepping-stone for criminals and financial institutions must have enhanced protection for both potential insider threats a well as outsider threats for their organisation.
Training Objectives
By the end of this programme, the participants will:
Training Outline
The History of Money Laundering and Financial Crime
The difference between Terrorist Financing and Money Laundering
The expected future of AML and Terrorist financing
Utilising reliable sources for their research
Efficient Risk Based Approach to KYC process
The Red Flag Indicators
The Social Effects deriving from AML offenses
Using lists to achieve an unbiased Geographical Risk Assessment via:
Training Style
The programme will utilize the existing regulations and global standards to provide participants with a thorough understanding of the criminal activities that took place around the globe. The programme will start with initial major definitions as given by the European Directives and proceed with the tools that are fit-for the purpose to counterattack those activities, not only on an operational level but on a society level, too.
Participants will consider an out of the box approach for treating their customers fairly, while they decrease the possibilities of their organization formulating the criminals’ expectations to fulfill their terrorist financing and/or money laundering interests. Real life examples and case studies will be provided for a better understanding throughout this programme.
Who Should Attend
The programme is ideal for: