Anti Money Laundering Countering Of Terrorist Financing

From Leading Subject Matter Experts, Compliance , AML/CFT (Consolidated Quick Learning Video)

Last updated 2022-01-10 | 4.4

- Students will be aware of AML/CFT (Anti Money Laundering /Countering of Terrorist Financing) subject and its implications
- they will be able to understand the importance of Regulatory Expectations
- how to work towards avoiding ML/TF abuse as an Industry professional.
- Identifying various Risk's associated from a perspective of ML/TF abuse you will be more alert to fight against the ML/TF abuse
- while making a significant contribution to the financial Institution you work with.
- This course is designed by the author Mr.Sachin Rao (CAMS)
- working with Complyfin DWC LLC
- a seasoned group of subject matter experts & management consulting company

What you'll learn

Students will be aware of AML/CFT (Anti Money Laundering /Countering of Terrorist Financing) subject and its implications

they will be able to understand the importance of Regulatory Expectations

how to work towards avoiding ML/TF abuse as an Industry professional.

Identifying various Risk's associated from a perspective of ML/TF abuse you will be more alert to fight against the ML/TF abuse

while making a significant contribution to the financial Institution you work with.

This course is designed by the author Mr.Sachin Rao (CAMS)

working with Complyfin DWC LLC

a seasoned group of subject matter experts & management consulting company

* Requirements

* You need basic device with video viewing capability This course is for working professionals with basic understanding of business
* banking and financial subjects
* even freshers & student already in Pre and Graduation level aspiring for a Career in Compliance related field in the Financial Industry Globally

Description

Quick Video explaining important concepts of AML/CFT in a simplified manner.

Author of this course is Sachin Rao (CAMS - FCI ) has worked with Complyfin DWC LLC ., and the voice over artist is Mr.Jim Cosens , a professional voice over artist based in USA has provided the voice over services for this course on Anti Money Laundering and Countering of Terrorist Financing.

A must course for every professional in today's world, learn about What is (AML) Anti-Money Laundering, Various stages of Money Laundering and how criminal organizations disguise & convert their dirty money into clean money to avoid detection from regulatory bodies, learn about (CFT) Countering Financing of Terrorism, identify key differences between the flow of (ML) Money Laundering and (TF) Terrorist Financing methods and keep yourself and your organization protected from Money Laundering & Terrorist Financing Abuse. Understand the importance of (KYC) Know Your Customer & (KYCC) Know Your Customer's Customer requirements , learn about compliance requirements for individual/personal customers and corporate customers, Learn about UBO's(Ultimate Beneficial Owners) and what supporting documents are to be collected based on international best practices . Learn on how to identify and write suspicious activity and transaction reports, effectively learn about identifying suspicious activities of customers and report proactively to assist regulatory bodies. understand who is a PEP/FPEP (politically Exposed Persons/Foreign Politically Exposed Persons) and when & how to conduct EDD(Enhanced Due Diligence). This course will help you manage Regulatory Expectations proactively and secure your profession, your organization & businesses from the Risk of Money Laundering & Terrorist Financing abuse.

A Robust Compliance AML/CFT Regime for a secure Tomorrow....

*We strongly recommend students looking forward for higher , advanced and professional studies in the field of AML/CFT should consider joining ACAMS, as earning CAMS designation is considered as the global gold standard in AML certifications.

Disclaimer " we are not associated with any institutions or academy or organizations likes ACAMS etc, our recommendations are to be considered as personal suggestions only based on our personal past experiences without assuming any liabilities of whatsoever nature or manner"

Who this course is for:

This course is for anyone who is working & aspiring for a career into Financial Industry including Banking, Payments, Transaction Banking, FI's, MSB's,MTO's, Foreign Exchange , Wealth Management industry, ideal for beginners and also for mid & senior level professionals, to understand about ANTI MONEY LAUNDERING AND COUNTERING OF TERRORIST FINANCING subject with [proper clarity , knowledge gained can help professionals to sustain & upgrade future career growth.

Course content

1 sections • 10 lectures

What is Anti Money Laundering & Combating of Terrorist Financing 10 lectures

What is Money Laundering - Explanation Preview 02:36

Learn what is Money Laundering , and whats are the sources of dirty money .and how they convert illegitimate money into clean money. what are the sources of dirty money.

Stages of Money Laundering Preview 02:29

what are basic stages of money laundering , understand the three stages and how money launderers use the different stages to place, layer and integrate illegitimate funds into legitimate financial system.

What is Terrorist Funding ? Identify the difference between ML & TF Preview 04:44

Understand what is Terrorist Funding , As a professional how to identify the difference between Money Laundering and Terrorist Funding activities & Flow of Funding. What are the motives , Detection focus , Financial Activity and Money trail.

Why are Countries & Governments Concerned ? Risk's for banks/FI's and You Preview 02:15

Reasons and areas of concerns and what are the risks for Banks/ FI's(Financial Institutions) and for you as a Professional.

What is KYC (Know Your Customer) and KYCC (Know Your Customer's Customer Preview 04:06

Understand the steps involved in KYC/KYCC and steps involved. What is it all about and how it helps banks/FI's ,to reduce the Risk of ML/TF Abuse and what documentation is required for personal and corporate customers, what details are required for on-boarding customers and providing them financial services.

What is Enhanced Due Diligence (EDD)? When to apply EDD? What are PEP's/FPEP's Preview 01:27

Concept of EDD and what does it involve and when to apply EDD measures on what type of customers.

RBA Framework & Suspicious Transaction Report (STR's). How to identify & report Preview 05:52

Understand what are Suspicious Transactions, importance of reporting attempted and conducted transactions and how to write and report STR's effectively.

Few indicators of money laundering Preview 04:12

What are instances of possible ML activities and what should raise internal alerts , How to identify suspicious behaviour of customers, understand whats is structuring and many other important indicators.

Conclusion Preview 02:51

Understanding Compliance, AML/CFT is a pre-condition these days each and every professional is required to participate and contribute positively to fight against the abuse of Money Laundering & Terrorist Funding for a better and secured future.

Quiz (End of Course)

Description of quiz to be edited later. Details like how to answer the questions how to get help etc. can be given here.