Description
This training workshop sets out to describe and explain the essential elements of the international work towards the eradication of financial crime in connection with money laundering and the financing of terrorist activities. It defines money laundering and terrorist financing, as well as identifies the broad parameters for knowing one’s customer, no matter which industry.
The workshop also identifies the three stages of money laundering and how they can be used in a customer due diligence (CDD) program. It outlines the main regulatory and standard-setting organizations, including their background and work domain.
What you will learn
- What is Anti-Money Laundering (AML)?
- What is Combating the Financing of Terrorism (CFT)?
- What is Know Your Customer (KYC)?
- Customer Due Diligence (CDD)
- Three stages of money laundering
- The role of off-shore financial centres
- Financial Action Task Force (FATF)
- The Joint Money Laundering Steering Group (JMLSG)
- Egmont Group of Financial Intelligence Units
- EU AML Authority (AMLA)
0203 1266 755
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