There are no prerequisites to this course. New starters are welcome.

The training course runs for one weekend only (Saturday and Sunday only). Delegates will learn the different processes and procedures of on-boarding/remediating entity such as hedge funds, trust and SPV practically and through case studies

DAY 1

• The background and nature of financial crime

✓ FATF, POCA, FATCA, CRS, CTF, MiFID

✓ JMLSG, Dodd-Frank, EMIR

✓ Fraud classes

✓ Tax evasion

✓ Investment Fraud

✓ Asset recovery

✓ Stages of money laundering

✓ Terrorist financing

✓ Risk base approach

✓ Practical business safeguards

✓ Introduction to Anti-money laundering (AML) customer due diligence chain

 ✓ Know your customer (KYC) & Know your business (KYB)

DAY 2

• AML Sanction program
• Components of KYC/KYB
• First, Second and third line of defence
• Customers types and account types
• Sanction /High risk countries
•  PEPs categorization
• Source of funds/wealth
• Sanction screening/Customer risk rating
• Suspicious activities reporting (SAR)
• Suspicious transaction reporting
• Surveillance
• Event driven reviews (EDR)

• On-boarding and file creation
• Remediation of existing customer/entity

• Business Analyst/ KYC/KYB/CDD/EDD/PEPs/Sanctions Analyst
• Project Manager/Programme Manager
• Compliance officers
• AML/KYC Analyst
• Remediation Analyst
• EDD/CDD Analyst
• Refresh Analyst
• PEP Analyst
• Sanction Analyst
• Screening Analyst
• Transaction Monitoring Analyst
• Transaction Reporting Analyst