AML/CFT Compliance and Risk-based Approach Training

HLB MAURITIUS

Appavoo Business School Ltd

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AML/CFT Compliance and Risk-based Approach Training

Objectives/learning Outcomes

Improve participants’ understanding on:

• How launderers abuse the financial system to facilitate money laundering or terrorist financing

• How weaknesses or gaps in identifying and assessing risk may support and facilitate the threat of money laundering or terrorist financing

• How the National Risk Assessment can be leveraged to appreciate and to consolidate risk assessment at enterprise level

• Importance of a proper framework of internal control measures

• Recent update on the Legislative & Regulatory framework for anti- money laundering

Profile of Participants

  • Senior Management
  • Management Staff
  • Corporate Administrators
  • Compliance Officers & MLROs
  • Team Leaders in Financial Sectors such as Banking, Securities, Accounting, Insurance Cos
  • Accounts Executive

Course Content Details

Topics:

• What is AML/CFT
• How do criminals disguise ill gotten money
• Entities with AML/CFT obligations under FATF Standards
• Products and services
• Risk assessment and risk appetite
• Identification and mitigation of risk
• Risk based approach and preventive measures
• Implementation of the recommendations of the FATF
• Importance of Initial and ongoing CDD
• Identification and dealing with Politically Exposed Persons
• Internal controls and compliance
• Continuous Monitoring and record keeping
• Raising of Suspicious Transaction Report
• Appreciation of the update in FIAMLA and FIAML Regulation
• Open discussions plus questions and answers

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The course entitles Employers to claim up to 75% from HRDC.

Early Birds registration get 10% Discount before  12th April 2021

REGISTER NOW      ABS Training Magazine          

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