Overview

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
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.