Financial crime is a major corporate and social issue and of extremely high focus for regulators worldwide. Many regulators have turned their supervisory spotlight on firms’ anti-money laundering processes, systems and controls and also on those who are involved or responsible for the prevention, detection and overall protection of their...

Financial crime is a major corporate and social issue and of extremely high focus for regulators worldwide. Many regulators have turned their supervisory spotlight on firms’ anti-money laundering processes, systems and controls and also on those who are involved or responsible for the prevention, detection and overall protection of their firm against all aspects of financial crime.

Recent cases of fines, sanctions and reputational damage in relation to money laundering systems failures and recent significant frauds form the background that international standards are expected to be understood and demonstrated. Such standards include but are not limited to those set by FATF, OECD and other international standard setters.

CCL have developed this workshop style programme to meet the needs of today's current or potential anti-money laundering personnel, fraud prevention personnel, compliance professionals and those with responsibility for regulatory compliance.

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 who between them have over 60 years’ experience. 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

Money Laundering & Terrorist Financing

  • Definitions & differences
  • Offences
  • Global & Regional issues
  • Emerging trends

Governing Standards

  • International standards & conventions
  • UN Security Council Resolutions & Sanctions
  • FATF Recommendations
  • Role of Government & Professional Bodies

Corporate Governance

  • The importance of Corporate Governance in AML
  • Ethics & financial crime control
  • The Role of the MLRO in Corporate Governance
  • Regulatory expectations

Preventative Measures

  • Policies and procedures
  • Risk-based approach
  • KYC & CDD
  • Compliance Monitoring Programme
  • Use of Technology

The Money Laundering Reporting Officer

  • Skills and the Role of the MLRO
  • Suspicious Activities & SARs
  • Relationship with Regulators
  • The MLRO Report
  • Training & other responsibilities

Practical Considerations

  • Maintain knowledge
  • Case Study
  • Action Plan
Brian Claffey

Brian Claffey

Brian has worked in the financial services industry since 1995 and specialises in delivering Financial Crime Prevention/AML and regulatory training.

Prior to joining CCL, he worked for Western Union FSI implementing new AML/KYC programs for Western Union’s licensed companies in the APAC region, including Australia, New Zealand, Singapore, Indonesia and Malaysia. Brian led the development of the KYC program in this region taking into consideration local regulatory rules and the need for new or enhanced training for all stakeholders.

Prior to joining Western Union, Brian held the position of Compliance Officer & MLRO for Emirates REIT in the Dubai International Financial Centre (DIFC) where he developed and implemented a number of policies and procedures to support Emirates REIT’s application for listing on NASDAQ Dubai. Before joining Emirates REIT, Brian worked as the Chief Operating Officer of Union Bancaire Privee’s Dubai office and oversaw the Compliance, Middle Office and Finance functions of their operations including their successful licensing by the Dubai Financial Services Authority. Brian also spent more than five years working with the Majid Al Futtaim (MAF) Group in Dubai where he acted as Head of Operations for their private family office ensuring that adequate controls and procedures were in place to manage their globally diversified portfolio of investments. During his time at MAF, Brian also worked on the DFSA license application for MAF Asset Management as well as the launching of a MENA focused equity Fund domiciled in Luxembourg.

Prior to arriving in Dubai in July 2005, Brian held various positions in the Investment Funds/Asset Management industry with particular emphasis on NAV calculation, regulatory and financial reporting. Having spent 6 years working in and managing teams with State Street in Dublin, Ireland he moved to Scottish Widows Investment Partnership in Edinburgh, Scotland and worked on the oversight of outsourced functions for their Property Funds portfolio before re-locating to Dubai in 2005.

Bruce Viney

Bruce Viney

Bruce Viney has been working in financial services for more than 30 years, 25 of these as a learning professional focusing on Banking Compliance, mainly through the analysis, design, creation and implementation of global training programmes for Tier 1 Banks and FTSE 100 companies. Bruce has been Global Head of Compliance Learning for such firms three times and has provided compliance learning consultancy to similar companies many times.

A former Director of Training for CISI, Bruce has extensive experience of compliance and banking related qualifications and is himself a Chartered Accountant, having qualified with Price Waterhouse (as it was then known).

Bruce has extensive experience of successfully delivering compliance related training in Europe, The Middle East, the Far East, India, North America and Africa. Bruce’s training is highly effective with a clear focus on how adults learn most effectively, using innovative design and delivery, which combines a stimulating, culture-sensitive, learning environment with the highest standards of professionalism and a focus on the required knowledge, skills and behaviours of banking professionals.

Bruce provides excellent training events on banking compliance, with a specific focus on financial crime, including all aspects of anti-money laundering, anti-bribery and corruption and sanctions.