Key Details

Duration: 3 x 3 Hour Virtual Tutorials Location: Virtual - GST Price: 9,150 AED per person
Upcoming Dates: 20 - 23 Jul 2020 ,  16 - 23 Nov 2020

Overview

New Delivery Method: All of our training courses are now available as Virtual Training Courses - perfect for remote working. Log in from anywhere to join a live training session with one of our expert trainers and have access to an ‘on demand’ recording for one month after the event....

New Delivery Method: All of our training courses are now available as Virtual Training Courses - perfect for remote working. Log in from anywhere to join a live training session with one of our expert trainers and have access to an ‘on demand’ recording for one month after the event.

This Virtual Training Programme will lead participants through an introduction to financial crime compliance.

Next Delivery

  • 20th July (11:00 - 14:00 GST)
  • 21st July (11:00 - 14:00 GST)
  • 23rd July (11:00 - 14:00 GST)

This highly interactive workshop will include:

  • Expert delivery by a highly experienced presenter with more than 30 years of experience in the field of financial crime compliance
  • Case studies discussed in both plenary and in break out groups
  • Lessons to be learned from major ongoing AML investigations
  • Assessment and discussion of new developments in financial crime compliance regulatory and other areas.
  • An online assessment leading to a certificate of achievement.

The workshop has been endorsed by the Chartered Institute for Securities & Investment (CISI) and designed by Anti-Money Laundering Professionals, Compliance Officers, and former Regulators. Being a workshop style programme, relevant case studies are utilised throughout.

The programme will provide participants with the practical skills and knowledge required to carry out the prevention and detection of Financial Crime including those relating to Anti-Money Laundering and the countering of terrorist financing, in line with international standards.

Who is this for?

The certificate programme is ideal for all participants who seek understanding of the growing significance of the risks of Financial Crime, heightened regulation and the need for Compliance, including:

  • Anti-Money Laundering and Fraud Prevention Officers
  • Personnel responsible for the supervision of prevention and detection systems and controls in relation to Financial Crime including Anti-Money Laundering and Fraud Prevention
  • Compliance professionals
  • Regulators
  • Legal, Audit, Risk specialists

Session 1 (20th July 11:00 - 14:00 GST)

  • What is Financial Crime?
    • Why Financial Crime Compliance matters
    • The underlying rules and regulations (international and local)
    • Compliance roles and responsibilities
    • Conduct
  • Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF)
    • How Money Laundering works
    • Typical examples and red flags
    • The control cycle
  • Risk methodology and assessment
    • Why risk matters
    • Risk factors including geography, product and industry
    • Key characteristics of a risk assessment

Session 2 (21st July 11:00 - 14:00 GST)

  • Onboarding clients
    • The Client Due Diligence (CDD) process overview
    • Getting to Know Your Customer (KYC)
    • PEPs
    • Unwrapping
    • Screening: sanctions and negative news
  • Client Monitoring
    • KYC reviews
    • Transaction monitoring
  • Suspicious Activities
    • What is suspicion
    • Types of suspicious activities
    • The role of the MLRO
    • Reporting and the FIU

Session 3 (23rd July 11:00 - 14:00 GST)

  • Fraud
    • What is fraud
    • External fraud
    • Internal fraud
    • Fraud detection and prevention
  • Anti-bribery and Corruption
    • Social impact of bribery
    • Rules and regulations
    • Red flags
  • Sanctions
    • The purpose of sanctions
    • Rules and regulations
    • Red flags
    • The control cycle

This programme is supported by a suite of case studies and exercises.

CCL Academy’s Virtual Training (VT) courses are designed to be every bit as engaging as our face-to-face courses. To achieve this our trainers utilise market-leading technology, and a range of training techniques, to ensure high levels of interaction with participants. Each live video tutorial includes the use of:

  • Virtual ‘break-out’ rooms: participants are divided into virtual rooms, to facilitate small group discussion.
  • Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
  • Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
  • Messaging: participants are able to submit questions, either to the whole group or privately to the trainer.

Additional Benefits:

  • Accompanying recording of the video tutorial - In addition to the live event, all video tutorials will be available ‘on demand’.
  • Two free eLearning modules for all participants.
  • On-going Q&A – Participants will have access to an ongoing Q&A facility allowing them to ask questions relating to the course.