Anti-Money Laundering ASAR ™ from GAFM
Course Description
Money laundering has become the crime of choice of just about every area of crime globally. Over $2
trillion is laundered globally every year. The illicit money flows that make this happen occur at every
level and affect financial institutions and corporate business practices. Organized crime is a major part
of money laundering, using and attacking businesses and organizations to conceal criminal proceeds.
This course will address the range of issues and offer new skills and awareness in the detection,
prevention and management of money laundering.
Agenda
Day 1: Money Laundering. Definitions and Key Concepts
Predicate crimes. new threats, new challenges
Case study: The Evolving Role of the MLRO
Day 2: Legal Update
Global AML and sanctions (2022)
The FATF and MONEYVAL
Decision-making benchmarks. Legislation
Day 3: New trends of money laundering and CTF risk
Financial systems and international money flows
‘Managing ‘High-Risk’ clients
Trade-based money laundering
Case Study: Crypto-currency and AML risk. What next?
Day 4: AML Risk Management and Compliance.
The internal audit function
Risk assessment
Anti-bribery policy
Training
Day 5: Management and Governance
Who sets the definitions?
Ensuring compliance with business competence
Ethical decision-making frameworks
ASSESSMENT TASK
Plenary Session
Who should attend?
The program will equip you with confidence and skills to supprt your orgainzation
Provide new investigation skills
Provide you with new risk appraisal skills
Developing excellence in strategic AML risk management
