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anti-money-laudering-training

Anti-Money Laundering Training

Gain a strong knowledge of Anti-Money laundering Training. Get started Now! 
 
Master the art of managing your clients' books in Anti-Money laundering and customizing it
so you're equipped to fulfill the needs of any client. Getting certified in Anti-Money laundering
is the best way to enhance your professional profile, showcase your expertise and attract new clients.

About Program

Highest Quality and the Most Productive, High Energy Learning Experience.

Curriculum

Comprehensive Course Curriculum. Customizable to full-fill your trainer needs.

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About Program

 

myTectra the Market Leader in Anti-Money laundering Training in Bangalore

myTectra offers Anti-Money laundering Training in Bangalore using the Class Room. myTectra offers Live Online Anti-Money laundering training Globally.

Success Factors:

  • High-Quality Training
  • Top Technical Trainers
  • Comprehensive Course Curriculum
  • 100% Placement Assistance
  • Superb Satisfaction Score
  • Internship on Real-Time Project 
  • 3I- Individual Focus, Innovative & Interactive

Curriculum

 

INTRODUCTION:

Do you know your fit and obligations under the AML/CTF regime?

This course aims to:- Develop the skills and awareness of employees so that they can drive the organization's AML/CTF compliance activities in the future.

  • Help employees translate these obligations into everyday work practices.
  • Describe the consequences of not complying with their obligations.
  • Provide guidance on the steps involved in recognizing and preventing money laundering and terrorism financing.
  • Support the successful facilitation of AML/CTF policies.

This course is essential for all employees who fall under the AML/CTF Act. This includes financial services sectors, gambling sectors, bullion dealers and other professionals or businesses ('reporting entities') that provide particular 'designated services'.

OBJECTIVES:

In this course, you will learn about:

  • The structure of the AML/CTF regime in Australia;
  • 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;
  • record-keeping.
  • Consequences to you for not complying with your obligations.

OUTLINE:

1. Introduction to AML
  • What is Money Laundering
  • Stages of Money Laundering
  • What is Terrorist Financing
  • Difference between Money Laundering & Terrorist Financing
  • What is Structuring
  • What is Smurfing
  • Various methods of Money Laundering 
2. Introduction to KYC
  • What is a corporate KYC
  • Importance of KYC  
3. KYC for Different Entity Types
  • Listed Entities
  • Private Entities
  • Regulated Entities
  • Government Entities
  • Trusts
  • Funds
  • Family Office
  • Limited Liability Companies
  • Partnership
  • Personal Investment Vehicles
  • Special Purpose Vehicles
  • Sovereign wealth fund Charities/Foundation
4. Regulatory Framework/ AML Watchdogs
  • FATF
  • OFAC
  • EU Directives
  • US Patriot Act
  • OCC
  • Egmont Group
  • Wolfsburg Questionnaire
  • FinCEN
  • SEC
  • FCA
  • FATCA
5. Understanding Risk Assessment of clients
  • Geographic Risk Factors
  • Industry Risk Factors
  • Entity Type Risk Factors
  • Screening Risk Factors
  • Product and Service Risk Factors
6. Understanding Country Specific KYC Requirements
  • US
  • UK
  • Germany
  • France
  • Spain
  • Australia
  • Cayman Island
  • Hong Kong
  • Singapore
7. End to End Customer Background Check
  • Adverse News
  • PEP
  • Sanction
  • Reputational risk
8. 10 Case Studies pertaining to AML/Sanction breach
9. Understanding how to review various KYC documents
  • Certificate of incorporation
  • Constitutional documents
  • Business Registry
  • AML Questionnaire/ Letter
  • Wolfsburg Questionnaire
  • ID Copies
  • Investment Management Agreement
  • Tax Forms
  • Annual Report
10. Transaction Monitoring
11. Live Practice Cases
12. Interview Preparation
13. Resume Building

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Faqs

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