AML & CTF Business Case Study

AML Business Case Study Masterclass training course is covering Case study of biggest scandal. Aspects of money laundering and initiatives undertaken to combat terrorism including regulations that govern financial institutions. The courses cover regulatory environment and focus on the role of the Money Laundering Reporting Officer in practical terms. You will learn Customer Due Diligence (CDD) and sanctions monitoring as well as studying the AML risks involved in emerging industry sectors such as mobile financial services and e-payments. AML training course is covering the aspects of money laundering and initiatives undertaken to combat terrorism including regulations that govern financial institutions. The courses cover regulatory environment and focus on the role of the Money Laundering Reporting Officer in practical terms.

• Case study of biggest scandal
• Go through the Largest Money Laundering cases involving banks
• The structure of the AML/CTF regime in your jurisdiction
• Your fit into the AML/CTF regime
• Your obligations under the AML/CTF regime, including customer identification
• AML/CTF Programs designated remittance service arrangements and correspondent banking
• Reporting of certain transactions and record keeping
• Consequences to you for not complying with your obligations
• The process of Money Laundering, measures against money laundering and initiatives taken by various organizations to combat terrorism.
• Comprehend the implications of offshore financial centers and non-cooperative countries on Money Laundering

• Understand the implications and penalties for non-compliance with Anti-Money Laundering legislations
• Explain how AML and CTF might be prevented
• Certain Principles that are to be adopted by banks to guard against money laundering
• Define the ways in which a Firm/Bank and its staff should protect themselves against the risks of Money Laundering and Terrorist Financing
• Due diligence measures undertaken by financial institutions to deter money laundering and terrorist financing.
• Regulations applicable to firms/banks.
• Detail how a company might become a target for Money Laundering and Terrorist Financing: and explain which “red flags” might help them to identify, prevent and report any (suspicious or actual) criminal activity
• Understand some of the other “hot spots” in Financial Crime