Anti Money Laundering (AML / CFT) Compliance Requirements

Anti Money Laundering (AML) and Countering Financing of Terrorism (CFT) Compliance Requirements for Banks and FIs

Created by: Governance Risk and Compliance GRC
Governance, Compliance, and Risk Management Courses

What Will I Learn?

• You will learn about Money Laundering, Anti Money Laundering (AML) and Countering Financing of Terrorism (CFT) Regime
• You will learn about AML / CFT Regulatory Requirements
• You will learn about the Risk Based Approach RBA towards AML / CFT Compliance
• You will learn about the High Risk Money Laundering Classification Factors with Examples
• You will learn about the Customer Due Diligence Measures and process- SDD and EDD with Examples
• You will learn about the High Risk Category Customers and Transactions with Examples
• You will learn about the Negative Media, Adverse Media Searches, Its Sources and Importance in AML
• You will learn about the "High-Risk Jurisdiction" and "Serious or Blacklisted Jurisdictions" by FATF
• You will learn about "Jurisdictions Under Increased Monitoring" by FATF
• You will learn about the Politically Exposed Persons (PEPs) and AML Requirements for PEPs
• You will learn about the Correspondent Banking relationships and AML Requirements with Examples
• You will learn about the Wire Transfers, New Practices, Technologies, and AML / CFT Requirements
• You will learn about the Suspicious Transactions, Records and Documentation Requirements
• Quiz is added as part of the course to test your knowledge about core principles of AML CFT Compliance
• You will learn the Overview of AML requirements in United States and Europe
• You will learn the overview of AML requirements for Cryptocurrency Exchanges

Requirements

• Basic Knowledge of Compliance and AML / CFT

Target audience

• Compliance professionals
• Regulatory Compliance Professionals,
• AML / CFT Specialists
• AML / CFT Consultants
• Internal Auditors
• Bankers - Branch Managers, Operations Managers
• Investment Bankers
• Brokers, Leasing Companies Professionals, Insurance Professionals
• Accountants and Advisors
• Compliance Students - CAMS and other Regulatory and AML CFT Compliance Certifications