Quarterly AML/CFT/CPF Compliance Program

Description

OVERVIEW:

Financial institutions around the world are required by their regulatory authorities to provide all employees with an annual anti-money laundering training.  Regular AML/CFT Risk Awareness training enhances employees’ vigilance against the latest ML/TF risks faced by the business and their role in mitigating this risk.

The ostensible purpose AML/CFT rules is to enable banks to prevent bad actors using the financial system to launder their funds and, where bad actors are not identified at entry, to detect any suspicious financial activity and provide appropriate background to competent authorities.

Today the Anti-Money Laundering and Financial Crime industry is facing unprecedented challenges. Never has it been more important for professionals working in this field to be up-to-date with emerging trends, regulatory developments and evolving technologies.

The Quarterly AML/CFT/CPF  Compliance Program is designed by our subject matter experts in close consultation with best practice organisations. Together, we decide on the topics relevant for financial institutions and the markets they operate in. The Agenda we have provided below is indicative and subject to review, if necessary. It is designed as an all-staff course or targeted to a specific group or department within your firm.

Program Objectives

By the end of this training, participants will:

1. 1. Understand key AML/CFT/CPF regulations and global standards (FATF, Basel, Wolfsberg, etc.).

   2. Recognize money laundering, terrorist financing, and proliferation financing risks.

   3. Learn how to implement an effective AML/CFT/CPF compliance program.

   4. Develop skills in customer due diligence (CDD), enhanced due diligence (EDD), and suspicious activity reporting (SAR).

   5. Gain insights into emerging trends, typologies, and regulatory enforcement actions.

Modele 1: Fundamentals of AML/CFT/CPF Compliance

• Session 1: Introduction to Money Laundering (ML), Terrorist Financing (TF), and Proliferation Financing (PF)

  • Definitions, stages of money laundering, and typologies

  • Global impact and case studies

• Session 2: Regulatory Framework & Key Standards

  • FATF Recommendations

  • Local AML/CFT laws & international compliance requirements

• Session 3: Risk-Based Approach (RBA)

  • Conducting risk assessments

  • High-risk customers, jurisdictions, and sectors

Module 2. Implementing an Effective AML/CFT/CPF Compliance Program

• Session 4: Customer Due Diligence (CDD) & Know Your Customer (KYC)

  • CDD vs. EDD

  • Beneficial ownership & politically exposed persons (PEPs)

• Session 5: Transaction Monitoring & Suspicious Activity Reporting (SAR)

  • Red flags & unusual transaction patterns

  • Filing SARs & regulatory expectations

• Session 6: Sanctions Screening & Proliferation Financing Controls

  • OFAC, UN, EU sanctions lists

  • Dual-use goods & proliferation risks

Module 3: Emerging Trends & Enforcement

• Session 7: Digital Assets & Cyber-Enabled Financial Crimes

  • Cryptocurrencies, DeFi, and dark web risks

• Session 8: Corporate Governance & Compliance Culture

  • Role of senior management & board oversight

  • Building a strong compliance culture

• Session 9: Regulatory Inspections & Enforcement Actions

  • Common deficiencies & penalties

  • Best practices for audit readiness

• Session 10: Interactive Workshop & Case Studies

  • Real-world scenarios & group discussions

WHO CAN ATTEND:

• All staff in the organisation

Key Takeaways

✔ Comprehensive understanding of AML/CFT/CPF risks and regulatory obligations.
✔ Practical skills in CDD, transaction monitoring, and SAR filing.
✔ Ability to apply a risk-based approach to compliance.
✔ Awareness of emerging threats (crypto, cybercrime, sanctions evasion).
✔ Strategies to strengthen organizational compliance frameworks.

Training Outcomes

• Enhanced ability to detect and prevent financial crimes.

• Improved compliance program effectiveness.

• Better preparedness for regulatory audits and inspections.

• Increased confidence in handling high-risk customers and transactions.

 TRAINING METHODOLOGY:

A highly interactive format, where all delegates will be encouraged to engage and participate, share and gain from each other’s knowledge and experience. The lectures will rely on a bullet-based slide presentation enriched by group discussions around case studies, videos and checklists wherever applicable.

Through a multiple-instructional setting, the goal is to achieve the learning objectives by means of virtual technologies that match personal learning styles and by the inclusion of non-linear learning that aims at the development of just-in-time skills of adult learners.

At the same time and in order to allow participants maximum flexibility of scheduling, the learning will be conducted in an allochronic manner. Using a state-of-the-art training architecture, RMA will combine self-learning with assessments and online discussions.

The pedagogics – adapted explicitly to professionals in full-time work – will help train participants through several experiences: absorb (read); do (activity); intermingle (socialize); mirror (relate to one’s own reality).

DURATION: 1 day [ 5 Hours]

VENUE: Virtual or Onsite

DATE[TBC]: Send enquiry to: info@theriskacademy.org ; info@theriskintelligence.com;  or call: 08021003297;07034248767;09071941111