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.

Carwyn Evans

Carwyn Evans

Carwyn specialises in supporting firms with their day-to-day compliance requirements, in particular, the provision of outsourced compliance officer and MLRO services to DFSA authorised Firms. Carwyn has also helped Firms attain DFSA licences over the past year. Carwyn’s experience covers investment banking, wealth management, asset management, and full-service banking operations.

Carwyn has been a compliance professional for 15 years. His early career involved a role as the UK Compliance Manager for the Global Financial Services BPO organisation, ICT Group, before working as a Compliance Officer for the regulator of the UK National Lottery. Carwyn was asked to rejoin ICT Group as European Compliance and Training Director, where he controlled a team of 180 staff across the UK, Ireland, Argentina and the Philippines, and developed the compliance framework to meet European regulatory requirements, particularly those of the FSA (now FCA).

In 2008, ahead of the financial crisis, Carwyn joined the FSA where he was a Banking Supervisor for an international bank with large banking operations in a high risk financial crime territory. In addition to his day-to-day supervision activities, Carwyn led the end to end authorisation process for a full service bank, with focus on governance, liquidity, risk management, financial crime control and outsourcing oversight. Carwyn also represented the FSA at cross governmental body fora, including international regulatory committees.

More recently, Carwyn worked as a Senior Manager with Deloitte in London. In this role, he advised financial services organisations on a variety of regulatory risk areas. Carwyn has led work with investment banks, broker-dealers and asset managers in assessing the effectiveness of their compliance function and implementing his recommendations to strengthen compliance controls. He has also led a section 166 review on behalf of the FSA, assessing the adequacy of compliance and financial crime controls within a global broker-dealer. At Deloitte, Carwyn was responsible for devising and delivering annual in-house AML and risk training to 250 colleagues within the practice, including the Partner group, as well as providing new recruit training on AML and risk.

In his current role as Director, Consultancy at CCL Limited in their Dubai office, Carwyn has delivered consulting services to a number of Firms within the DIFC, and also Firms supervised by the UAE Central Bank. Carwyn frequently delivers AML and CTF training to DIFC authorised firms, as well as financial services companies across the GCC. Carwyn also outsources his services as Compliance Officer/MLRO for 5 DFSA licensed firms, where he provides real-time regulatory advice and assurance to the Board of each firm.

Lee Byrne

Lee Byrne

Lee Byrne is a highly respected financial crime prevention professional, with more than 30 years international operational and management experience. Lee specialises in the design and delivery of financial crime prevention training and is widely regarded as being one of the foremost international AML and CTF facilitative trainers.

Previously Lee headed up the Financial Crime Prevention faculty for a leading compliance qualifications body. Prior to this, he was Head of Compliance and Financial Crime Compliance and Secretary to the Board of a Nigerian subsidiary Bank. Lee is considered an expert in anti-money laundering and combatting terrorist financing (‘AML/CFT’), including specialist subjects such as trade-based money laundering. He has a record of continuous academic learning to support his work-based practitioner skills.

During his career he has worked in many of the major financial markets including Hong Kong, Singapore, India, Indonesia, Mexico, Brazil, Russia, Europe and the Middle East, giving him extensive knowledge of international best practices.

More recently Lee supported a major international bank in the roll out of a global financial crime prevention education programme. Lee played a key role in the delivery of a sample workshop to representatives of the appointed US Monitor office and in the recruitment and selection of the global financial crime training faculty.