McTimothy Associates

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Anti-Money Laundering and Financial Crime Workshop

Why Attend

This Anti-Money Laundering and Financial Crime Workshop training course will encompass case studies and group interaction delivered in a classroom format. And will focus on current and evolving threats to the Global Financial Community.  This training course will study and investigate the Global Money Laundering Situation, through examination of Enhanced Due Diligence matters, Trade-Based Money Laundering, Proliferation Finance and Methodologies, Money Laundering Methods and Sanctions/CFT cases and theory.

$ 181.29

Event Date: 11/03/2024 – 15/03/2024

Total:

More Dates

09/09/2024 – 13/09/2024

Price: $ 181.29

This McTimothy Training course will highlight:
The need to establish a clearer understanding of AML/Financial Crime measures utilized by the regulated sector as well as understand the offenses committed by criminal entities

The need to increase the efficiency and effectiveness of staff capability in the detection and reporting on financial crime and money laundering

Raise awareness and develop confidence in staff investigation ability on CDD and EDD risks.

We will create a greater awareness of threats and methods in all facets of Financial Crime and Money laundering

This will help to create a hostile environment for criminals to operate through more diligent examination of intelligence and data

Course Objectives
At the end of this training course, you will learn to:
Develop and improve on existing skills to detect, deter and disrupt all types of Financial crime.

Understand the requirement to increase and improve the efficiency and effectiveness of staff capability reporting on financial crime and money laundering

Apply yourself in a team-based setting to analyze and investigate cases and scenarios of Organized Crime and Money Laundering activity

Attendees will achieve a greater awareness of threats and methods in all facets of Financial Crime and Money laundering

Be able to apply the investigation techniques and knowledge of AML/CFT and Financial Crime in the workplace with greater confidence.

Training Methodology
Anti-Money Laundering and Financial Crime Workshop training course has a strong reputation for student engagement through blended learning techniques, such as exercises, scenarios, question and answer sessions and by dynamic delivery of some of the most compelling cases in the area of Financial Crime and Money Laundering that are available in the training environment today. The dynamic style of delivery is matched by the research and in-depth nature of the case studies and scenarios that all attendees must undertake.

Who Should Attend?
This McTimothy Training course offers an unrivaled experience for employees and supervisors in all aspects of Financial Services, Law Enforcement, and other public bodies.

This course is suitable for a wide range of professionals but will greatly benefit:

Experienced Analysts

Compliance professionals

AML Investigators

KYC/CDD/EDD Onboarding and investigations teams

Fraud and financial crime professionals, both public and private sector

Course Outlines

  • Introduction to Money Laundering
    • Explanation of Money Laundering Laws
    • International standards
    • Wolfsberg principles
    • Office of Foreign Assets Control (OFAC)
    • Financial Services Authorities (FSA)
  • The Role and Responsibilities of an MLRO
    • Money Laundering Reporting Officer(s) – MLRO
    • The role of the MLRO
    • The Annual AML Return
    • Training and Awareness
    • Risk-Based Approach
  • AML in the workplace
    • AML policy
    • Business Risk Assessment
    • Customer Risk Assessment
    • Customer Due Diligence (CDD)
    • Politically Exposed Person (PEP)
    • Enhanced Due Diligence (EDD)
    • Source of Funds and Source of Wealth (SOF, SOW)
  • Monitoring and Screening
    • Monitoring Customers
    • Monitoring Transactions
    • Sanctions
    • Screening Employees
  • Culture and Awareness
    • Awareness Campaign
    • Role-based training
    • Corporate culture
  • Escalation
    • Examples of warning signs
    • Record keeping
    • Internal Escalation Process
    • Suspicious Activity Reports
  • Tax Evasion
    • Tax Evasion
    • Tax Avoidance
    • US Foreign Account Tax Compliance Act (FATCA)
    • Ensuring compliance

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