Training Objectives

By the end of the programme, participants will be able to :

• Understand exactly how to reflect AML, CFT & POCA legal requirements with appropriate, robust procedures and practices. 
• Develop a robust risk management program  
• Understand customer risk profiling 
• Explain the key information you need to collect from your customers 
• Explain the Risk based approach to be followed  
• Develop the skills to assess and mitigate money laundering risks 
• Choose practical AML in operation including customer due diligence and transaction monitoring 
• Explain how to report suspicious activity and unusual transactions 

Training Outline

Legislation & Regulation 

• Legislation & Regulation 
• Corporate Responsibility 
• Corporate Structure 
• Role and Responsibilities of the MLRO 
• Money Laundering & Terrorist Financing 
• Case studies – when companies get it wrong  

Developing an effective AML/CTF & POC policy 

• Training, Monitoring & Auditing 
• Re-cap Day 1 
• Staff probity, training and awareness 
• Simple due diligence & enhanced due diligence 
• The Sniff Test 
• Business and Customer Risk Assessments 
• Thinking like a criminal 
• Case Studies – where customers got it wrong 

Developing an effective Customer and Business Risk Assessment Matrix 

• Record-keeping  & Reporting 
• Re-cap Day 2 
• Definition of suspicion 
• Internal Suspicious Activity Reports 
• SARs/STRs & Disclosures to law enforcement 
• Consent to Transact 
• Request for Information & Production Orders 
• Reporting 
• Live case studies 

Who Should Attend

The programme is ideal for 

• C-Level executives (Managing Directors and CEOs, COO) 
• BoD members. 
• AML compliance officers 
• Risk Officers 
• Financial controllers  
• Accountants  
• Lawyers in:  
  • Betting companies 
  • Gaming and casino industry   
  • Regulatory Authorities  
  • Law Firms and Legal Consultants  
  • Financial Services Providers 
  • Software/Technology Providers 
  • Consulting Firms   
  • Sports Federations  

Training Style

A detailed 12-hour 3-day session with case studies, practical exercises, and direct action points that will help keep your organisation compliant and its employees and customers safe. 

The programme is designed to deliver knowledge and enhance participants’ skills via short lectures, case-studies, practical examples, real-life simulations. Most of the training will focus in assessing participants’ current strengths and weaknesses via formal assessment tools. Participants will also benefit from customised feedback at the end of the programme and take away the knowledge gained to be transferred at their workplace. Most of the training’s time will be invested in analysing a real-life case study that will help participants understand how to solve problems in similar occasions.  

CPD Recognition

This programme may be approved for up to 12 CPD units in Financial Regulation, AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 12 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.