Anti-Money Laundering & Countering Financing of Terrorism (AML/CFT) Fundamentals.

Note: pricing is customised, contact us for more information.

0.5 days                   Classroom/virtual

Target audience

All employees of a bank/financial institution.

Objectives

• Give employees an overview of AMLCFT for a bank/financial institution
• Fundamental knowledge of what is AML/CFT
• What to look out for in terms of red flags
• AML/CFT controls and sanctions fundamentals

Outcome

Overview and awareness of AML/CFT for employees of banks/financial institutions.

Agenda

• AML/CFT fundamentals
• What is money laundering
• Terrorism financing and sanctions
• Examples of red flags that indicate heightened risk of money laundering, terrorism financing and sanctions violation in a customer's profile or transaction
• General understanding of the key AML/CFT controls operated in a bank/financial institutions and how they mitigate ML/TF risks
• Introduction to sanctions and its grave consequences when banks/financial institutions get them wrong
• An overview of money laundering, terrorism financing and sanctions violations from a global perspective as well as in the local Malaysian context

Professional associations recognising PwC CPE points

Not applicable

HRDF claimable

Not applicable

HRDF SBL Khas

Not applicable

Available in

Malaysia