Tackling Financial Crime Through Integrated KYC and AML Techniques
FourthLine Learning
Course description
Tackling Financial Crime through integrated KYC and AML Techniques
Leading financial institutions are rethinking their organisational structures to manage financial crime risk more effectively. The integration of and alignment of risk and compliance functions will be crucial if the financial services sector is to tackle the facets of financial crime risk. The prevention and detection of Financial Crime is of utmost importance.
This course is designed to provide a deeper understanding of where the risks lay in your organisation and the laws that shape our activities.
Governments and financial markets throughout the world recognise financial crime as one of the greatest threats to the global financial services industry. The FCA has increased its efforts to fight every aspect of financial crime and the regulator expects your company to understand where the risks lay in your firm and react appropriately as part of your governance framework. Training and development is absolutely a key part of this framework.
During this intensive 1-day course we will illustrate this real and significant threat to our industry and show you how to take a proactive approach to anti-money laundering, enhance the policies, processes and procedures you currently have in place and ensure that everyone in your organisation is ready to protect your firm and the market place.
A practical, hands-on course
This course is designed to support an effective AML compliance program through sound risk management. Participants receive guidance on risk management as it is associated with money laundering and terrorist financing. The programme is intended to provide participants with a clear understanding of all AML compliance program requirements.
This course will approach anti-money laundering by providing a better understanding of suspicious transaction reporting and indicators of suspicious activity, money laundering and terrorist financing, international regulatory standards, customer due diligence and record keeping.
Multi-Booking and Client Rates available.
This course can also be delivered in-house. Get in touch for more information.
Suitability - Who should attend?
Who should attend:
This course is designed for bankers and financial service professionals from commercial, central, and investment banks or other financial institutions. Individuals best suited for this course will likely work as:
- Compliance Officers
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Staff with roles and responsibilities in AML and anti-terrorist financing activities
From Commercial, Central and Investment Banks as well as other financial institutions:
- Compliance Officers
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Staff with roles and responsibilities in AML and anti-terrorist financing activities
Outcome / Qualification etc.
Learning outcomes:
By the end of the course participants will:
- Appreciate and understand the latest crime prevention regulation (national and international)
- Understand the elements necessary to create the right corporate culture
- Recognise key elements of ‘Know Your Client’ documentation
- Respond quickly to criminal behaviour by introducing alert systems which react appropriately and quickly to any potential criminal situations
- Recognise how to investigate more quickly and escalate suspicious activity, reducing the damage to the firm
- Protect the firm’s reputation by avoiding the media spotlight created by high-profile incidents of firms being victims of financial crimes
- Develop a solid overview of their firm’s vulnerabilities and the controls and procedures needed to address them in an increasingly complex global industry
About provider
FourthLine Learning
With over ten years experience helping organisations to build high performing risk and compliance teams, FourthLine Learning was launched to help risk professionals and teams to improve performance, navigate market complexities and make critical decisions more effectively. Our FourthLine Learning...
