Masterclass in Anti Money Laundering and Anti Financial Crime Compliance for Risk Management

Leverage the Risk Management of your Institution by a Robust Implementation of the Anti-Financial Crime

5 Found
Date Duration Venue Fees
01-05 Jul 2024 5 Days Dubai - UAE US$4,450 Register
07-11 Oct 2024 5 Days Dubai - UAE US$4,450 Register

Course Overview

Due to the increasing complexity of the Risk Management, there is a growing need for Anti Financial Crime, Anti Money Laundering and Combating the Finance of Terrorism. Furthermore, the nature of financial transactions has fundamentally changed. Many typologies are used by the money launderers especially in the virtual financial platforms to make online fraud, and concealment of the source of funds and the real beneficiaries. In addition, businesses will need to adopt completely new types of technologies such as e-KYC, machine learning, and automated risk assessment in order to have a robust Anti Financial Crime system. In the areas of Anti Money Laundering and Combating the Finance of Terrorism, innovations are evolving rapidly to increase efficiency. At the same time, the organization lacks enough Anti Financial Crime knowledge to understand these challenges. As a result, the demand for trainings and workshops like this one is growing. This course will teach you everything you need to know about the Risk Management Compliance.

This interactive 5-day Masterclass in Anti Money Laundering and Anti Financial Crime Compliance for Risk Management training course educates participants on the risks and methods associated with money laundering and terrorist financing, as well as compliance standards and sanctions compliance programs; and enforce and support investigation procedures. Once this workshop is attained, candidates will pursue a rich compliance knowledge and skills in the public and private sectors. Given the financial industry’s role in preventing money laundering, many professionals are aiming to attain this course in order to excel in the financial services industry. Accounting firms like the Big Four also appreciate candidates attain this kind of workshops, especially when it comes to Compliance Risk Management.

Course Objectives

Financial crime is a hot topic recently and compliance is in the spotlight. This Compliance Risk Management training is a designed to outline the key principles of Anti Money Laundering and Combating the Finance of Terrorism prevention. Individuals and groups can attain a rich knowledge in Compliance Risk Management by attending and embracing this training workshop.

After the training course, the participant will learn to:

  • Prove compliance to a standardized risk-based approach.
  • Comprehend how to meet required AML/ CFT requirements.
  • Attain a very good knowledge in Compliance Risk Management.
  • Incorporate upon the international mechanisms to combat financial crime.
  • Implement high level of due diligence.
  • Promote a culture of top-down compliance.
  • Manage the risk of the business more effectively against financial and reputational damage.
  • Process compliant transactions.

Target Audience

This training about Anti Financial Crime compliance is designed to expand and develop the knowledge of the compliance of the financial crime, money laundering and the finance of terrorism.

It is appropriate for a wide range of staff members, including, but not limited to, the following:

  • Money Laundering Reporting Officer (MLRO)
  • Anti-Money Laundering Officers/Analysts/Managers
  • Compliance Officers/Analysts/Managers
  • Anti Financial Crime Officers/Analysts/Managers
  • Audit Officers/Analysts/Managers
  • Risk Officers/Analysts/Managers
  • Quality Assurance Officers/Analysts/Managers
  • Cyber Security Officers/Analysts/Managers

Training Methodology

This training is based on the latest policies and standards in the fight against financial crime and includes real-life case studies, video adaptations, self-assessments, participatory discussions, and rich information to transform course into an enjoyable and rewarding learning experience, combined with many exercises.

Course Outline

Day One

Introduction to the Financial Crime, Money Laundering and Terrorist Financing

  • Definition of the Financial Crime, Money Laundering and Terrorist Financing
  • The Phases of Money Laundering
  • Typologies in the Financial Crime
  • Lauder Money Through Trade Finance
  • Concealing of the Source of Funds
  • Concealing of the Beneficial Right Owner
Day Two

Policies and Standard of the Anti-Financial Crime

  • The International Compliance Requirements
  • The Correspondent Banking
  • The Financial Action Task Force
  • The Local Law for Anti Money Laundering
  • The Source of Funds and the Beneficial Right Owner
Day Three

Policies and Standard of the Anti-Money Laundering and Combating the Finance of Terrorism

  • The Requirements of Basel
  • The requirements of Wolfsberg
  • The requirement of Egmont Group
  • The requirements of the EU Directives
  • The requirement s of the US PATRIOT Act
Day Four

The Corporate Strategy in Compliance

  • The Necessity of Compliance Training
  • The Robust Due Diligence
  • The Transaction Monitoring
  • The Suspicious Transaction Reporting
  • The Risk-Based Approach
Day Five

Compliance Risk Management upon the Financial Investigation Unit Requirements

  • The Prohibition of Tip Off
  • The International Cooperation in Investigation
  • What are the Subpoenas and Search Warrants
  • The Financial Investigation Unit
  • The Banking Secrecy versus the Financial Investigation Unit


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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