The Course Content
Day One: Introduction to AML Compliance
Understanding Money Laundering and Terrorist Financing
Key AML Regulations and Regulatory Bodies
Role and Responsibilities of Compliance Officers
Customer Due Diligence (CDD) and Know Your Customer (KYC) Procedures
Day Two: Risk Assessment and Mitigation
AML Risk Assessment
Risk-Based Approach to AML Compliance
Transaction Monitoring and Suspicious Activity Reporting
Case Studies and Practical Exercises
Day Three: AML Compliance Programs
Developing and Implementing AML Policies and Procedures
Training and Awareness Programs
AML Compliance Testing and Audit
Regulatory Reporting Requirements
Day Four: AML Investigations and Reporting
Conducting AML Investigations
Recognizing Red Flags and Unusual Activity
Reporting Suspicious Transactions
Collaboration with Law Enforcement and Regulatory Agencies
Day Five: Emerging Trends and Best Practices
International AML Standards and Trends
Cybersecurity and AML Challenges
Ethical Considerations in AML Compliance
Final Assessment and Certification