AML CFT & COMPLIANCE TRAINING
We ensure you become capable of detecting suspicious transactions, conducting customer identification, identifying risks for their business type, and understanding implications of relevant rules and regulations
As part of the AML CFT obligations under the relevant laws, organisations must conduct AML CFT training for their employees to explain their roles and responsibilities under AML compliance programs. Such training sessions enable the employees to become capable of detecting suspicious
transactions, conducting customer identification, identifying risks for their business type, and understanding implications of relevant rules and regulations.
For an effective Compliance Department, it is essential to have AML CFT skilled employees to ensure robust risk measures are in place and in practice. Specifically, risk profiling skills are vital for organizations in order to identify the risks that their business faces and mitigate them as soon as possible.
We carry out AML training for the following topics:
KYC DUE DILIGENCE
We provide extensive training on KYC Due Diligence so that
the employees are aware of
what information is required
to be collected, what are the
different ways of collecting
information, and how to
ensure security and
confidentiality of collected
information.
SCREENING
Screening is an important aspect of any AML/CFT
program. We train employees
on how to effectively carry out
screening against the UNSC
and UAE local sanctions list.
RISK PROFILING
We provide extensive trainingon risk profiling so that the
employees are able to identify
enterprise risk, customer or
business relation specific risk,
geographic risk, and product,
service, transaction related
risk, channel related risk, and
other risk factors concerning
AML. It helps them implement
a risk-based approach to
assess and mitigate ML/TF risk
ENHANCED DUE DILIGENCE
Enhanced due diligence is one of the key requirements of the
AML compliance program. We
train employees on enhanced
due diligence so that they can
effectively identify
circumstances in which
enhanced due diligence is required. Further, we train them on what to look for in
customer’s financials
to understand the sources of
funds
STR
We provide training on STR filing, dos and don’ts to empower employees in
identifying suspicious
transactions, customers,
vendors, and any other
business partners that may
expose the business to money laundering and terrorism
financing risks.
RECORD KEEPING
Each organization is required to maintain its AML records for a period of 5 years. The
records can be maintained
manually or in a document
management system. We train
employees on this important
aspect so that records are maintained in compliance with
the requirements of AML laws
and regulations.
AML AWARENESS
We provide training on AML awareness so that you
understand the laws, rules,
regulations, norms, guidelines,
notifications, and circulars
related to AML and CFT and
the implications of each point
on their business, considering
the policies required to be
planned to fight money
laundering and terrorist
financing activities
AML CFT BEST PRACTICES
We make you aware of the best practices of AML and CFT
compliance programs used in
various organizations across
the globe that they could
adopt in their AML/CFT
strategy and action plans.
AML COMPLIANCE
Our AML compliance training is aimed at empowering you in
the creation and management
of AML compliance policies
and procedures, code of
conduct, risk management
frameworks, anti-bribery and
corruption methods, business
continuity strategies,
compliance audit, and due
diligence methods.
We ensure the significant factors are covered for an effective AML CFT Compliance Program
