Anti-Money Laundering (AML) Compliance Masterclass

What are the Goals?

By the end of this Anti-Money Laundering (AML) Compliance Masterclass, participants will be equipped to:

• Understand the processes and methods of money laundering
• Identify key legal and regulatory requirements
• Recognize the role of FATF in global anti-money laundering efforts
• Appreciate the importance of compliance to avoid penalties
• Develop strategies to prevent money laundering and terrorist financing
• Protect organizations and staff from associated risks
• Implement due diligence measures to deter financial crimes
• Identify suspicious activities and know when to escalate concerns

Who is this Training Course for?

This training course on Anti-Money Laundering (AML) Compliance Masterclass  is designed for:

• AML professionals and compliance teams
• Financial institution managers and staff
• Consultants, legal advisors, auditors, and regulators
• Treasury and credit managers in regulated industries
• Individuals pursuing careers in financial crime prevention

Daily Agenda

• Emerging threats & typologies, including crypto, DeFi, deepfake and AI fraud, and complex cross-border networks (such as Hawala and informal value transfer systems)
• Products and Services Vulnerable to Money Laundering or Terrorism Financing, including Trade-Based Money Laundering and new risks in digital finance and emerging technologies
• Areas of regulatory divergence and impacts on compliance strategies
• Sanctions compliance and the implications of divergence 
• Implications of Offshore Financial Centres on ML and the importance of international cooperation
• Know Your Customer (KYC) and ID&V Rules
• Identifying High-risk Indicators – Red flags for emerging threats and escalation procedures
• Setting up effective monitoring and record-keeping processes
• Navigating complex sanctions landscapes and use of technology for improved screening
• Best Practices in implementing risk-based approaches, leveraging digital solutions and industry collaborations