To
ensure we meet your expectations and maximise your return on training
investment, we favour a classroom/workshop set up for the delivery of our
courses. Please note we have therefore limited number of spaces available and
these will be assigned on a first come, first accepted basis. We recommend
early booking to avoid disappointment.
tackling
global AML challenges and
implementing an effective
risk-based approach
How will you benefit?
In the light of numerous regulations and industry groups
guidelines, the effective and efficient implementation of a complex anti-money laundering
compliance framework presents both operational and technological challenges to
financial institutions. With the introduction of The EU Third Directive and EU
regulation 1781/2006, together with increasing anti-terrorist financing
efforts, the responsibilities of senior management have significantly
increased, and these responsibility levels need to be transmitted consistently across
the organization locally and worldwide.
This 2-day training course will cover money laundering as
a global issue, and explore the areas of concern from an operational angle. You
will carry out a risk assessment that will enable you to identify how an
operational AML failure can affect your institution. Other key topics include
filtering transactions, FATF recommendations, compliance with OFAC and EU
sanctions, and prevention of money laundering by KYC. A special focus is
dedicated to staff training requirements as professionally trained personnel
continues to be one of the most effective AML controls. Interactive
discussions, case studies and exercises will ensure you translate any concepts
discussed into practical techniques.
Review The EU
Third Directive and EU regulation 1781/2006 together with recommendations from
the FATF and OFAC
Gain knowledge on prevention of money laundering
by KYC
Look in
detail at filtering of transactions, and discuss detecting and reporting of
criminal and suspicious activity
Carry out a
risk assessment on the volume and value of transactions including the
complexity of the filtering process
Focus on
AML\Embargo project management tasks and staff training requirements
About your expert trainer:
Ronald M. Hawes has more than 40 years experience in international banking.
As a former Global Operations Risk Manager at Deutsche Bank, Ronald was
responsible for covering cash operations, securities operations custody and corporate
trust, and agency services and trade finance services operations (with some 80
plus operating units in some 35 different countries). Prior to this role at
Deutsche Bank, he had undertaken numerous different operational assignments
both in dayto- day operational departmental management and significant project management
roles involving operational re-engineering, outsourcing, control management and
business continuity among and areas including embargo and anti-money laundering
reviews/project management. Since June 2007, Ronald has set up his own
consultancy company, TransWorld Consultancy Services Inc.
Pre-course questionnaire:
A detailed questionnaire will be sent to all course participants to
establish exactly where the group training needs lie. The completed forms will
be analysed by the course leader/trainer and followed by telephone if further
clarification is required. As a result we can guarantee that the course is
pitched at exactly the right level and that the issues that you regard as
relevant are addressed. The course material will reflect these issues and will
enable you to digest the subject matter after the event in your own time.
Who should attend?
From Retail Banking, Corporate/Business Banking, Private
Banking,
Investment Banking, Wholesale Banking, Regulators,
Consultancy
Groups, Solution Providers and Legal Firms:
Senior Management, Heads, Directors, Managers, VPs,
Analysts and
Officers in:
Money Laundering Reporting & Monitoring
Legal Counsel
Risk Management & Operational Risk
Compliance & Regulation
Planning, Finance & Control
Operational Transactional Banking Management
Cross-border Payments Management
Correspondent Banking
Fraud Detection
Internal Audit
