AML / CFT Training Boards And Executives

Course Overview

This course offers Board Members and Executives insights to the world of Financial Crime (AML / CFT /C PF) Risk Management.

It focuses on the strategic impact of Financial Crime (AML / CFT / CPF) on the financial services sector; as well as its consequences for the broader economy.

Boards and Executives have a crucial role to play in the success of any organisations Financial Crime Compliance framework – By setting a strong Anti-Financial Crime culture – Tone From The Top

Course Content

AML / CFT Risk Management Frameworks

  • Review the components of the AML / CFT risk management framework and its role in combating money laundering
  • Coverage includes Customer Onboarding; KYC; Customer Due Diligence / Enhanced DueDiligence; Transaction
  • Monitoring; Suspicious Activity & Regulatory Reporting; Record-Maintenance;
  • Role of Technology and AI in AML/CFT Risk Management

The Strategic Impact Of Financial Crime

  • A discussion into the how Financial Crimes impact economies; companies and their opportunities for growth
  • In-depth focus on Money Laundering; Terrorist Financing; and local and
  • International Sanctions Management

The Strategic Impact Of Financial Crime

  • Overview of Anti-Money Laundering and Counter Terrorism Financing Legislation and Regulations
  • An overview of Financial Crime National Risk Assessment (NRA)
  • Introduction to Financial Action Task Force (FATF)
  • Discussion on FATF Grey Listing | Impact & Exit Actions |
  • Overview of International AML Regulations (USA | UK | EU | S.Africa |Nigeria |

Introduction To Financial Crimes

  • A focus on Money Laundering | Terrorist Financing | Sanctions | Counter Proliferation Financing |
  • Predicate Crimes | Pan-African Organised Crime Risks Overview

Responsibilities Of The Board Member

  • Discuss the roles and responsibilities of Board Members in relation to the governance and oversight of Financial Crime
  • The importance of Financial Crime risk management in the context of Corporate Governance

Introduction To Trade-based Money Laundering (TBLM)

  • Trade / Export Finance and its global and regional significance
  • Why does Organised Crime also want to get involved in Trade Finance
  • How does TBLM occur
  • What are the risks to the institution if it chooses a Trade Finance expansion strategy
  • What mitigation actions should the institution undertake while it expands its Trade Finance business

Course Details

Course Duration

Delivery Mode

Pricing Available On Request (Minimum 10 Delegates)