Anti-Money Laundering (AML)
Accredited by: LONDON INSTITUTE OF SKILLS DEVELOPMENT SIGNATURE PROGRAMME
Who should attend?
- Delegates in the financial services sector who must have knowledge of this subject.
- Delegates in non-financial sectors who need to understand their exposure to money laundering
- Government officials who need to understand the impact of money laundering on financial issues and policies
- Junior Managers, Fresh Graduates & Final Semester Students to acquire a promising career in a reputable organization.
| Course Code: | F/A.19 |
| Subject: | Finance |
| Course Fee: | £595 |
| Duration: | 3 Days |
| Venue: | London School of Economics UK |
Learning Objectives
- Define money laundering and explain how it works
- Be aware of anti-money laundering regulation and international financial crime compliance standards
- Take to the workplace proportionate and sophisticated action plans and processes for combating financial crime and fraud
Course Content
The Scope of Money Laundering
- What is money laundering?
- How money is laundered
- The money laundering offences
- How money laundering destroys value
- Terrorist financing
Regulatory Frameworks
- International Bodies and Standard Setters
- National Regulatory Frameworks
- The impact of the FATF standards and recommendations on domestic frameworks
- Industry and professional guidance
- Examples of other jurisdictions
The Risk-based Approach
- What is a risk-based approach?
- FATF guidance on the risk-based approach
- Determining the risks
- Implementing a risk-based approach
- The role of the money laundering reporting officer
AM Tools
- Tool 1: KYA (Know Your Assets)
- Tool 2: KYB (Know Your Business)
- Tool 3: KYC (Know Your Customer)
- Tool 4: CDD (Customer Due Diligence)
- Tool 5: EDD (Enhanced Due Diligence)
- Tool 6: SDD (Simplified Due Diligence)
Recognising and Reporting Suspicions
- The international requirements
- Currency transaction reporting
- What is meant by suspicion and reasonable grounds to suspect?
- What constitutes suspicious activity?
- The SAR/STR process and its documentation
LISD Workshop Special GROUP Package Highlights:
(prices applicable to a group of minimum 8 persons)
*Maximum 15 persons will be enrolled in each workshop
- 4 Days + 3 Nights Programme
- Programme Registration with the invoice
- 2 Scientific Knowledge-sharing sessions
- Certificate of Participation signed by the authorities
- 3 Night-accommodation in B&B (Double accommodation)
- 2 Networking Dinners
- 3 Lunches
- 3 Networking Tea/Coffee
- Airport Group-Pick & Drop Service
- City Crawl
- Group Excursion- Famous Tourist Attractions
Generic Schedule:
4 Days/ 3 Nights Programme
Day 1:
Hotel Group Pick-up Service from the nearest Airport to the Bed & Breakfast (Hotel)
Check-in: (between 2:00-4:00 pm)
City Crawl includes Takeaway Lunch and Coffee
(1st Night)
Day 2:
Interactive Learning Sessions: 9:00 am – 4:00 pm
Includes 2 Tea Breaks + Lunch
7:30 pm Networking Dinner
(2nd Night)
Day 3:
Interactive Learning Session/ Award Ceremony: 9:00 am- 1:00pm
Includes 1 Tea + Lunch
Excursion: 2:00-7:00 pm
Networking Dinner: 7:30 pm
(3rd Night)
Day 4:
Hotel Check-out at 10:00 a.m
Luggage can be Deposited in the Hotel
Free to Shop and Roam (independently)
Back to the Hotel at least 3.5 hours before the flight
Group Drop-off to the Airport
Register Per Person
| Workshop Venue | Full 4 Days + 3 Nights Workshop Package PER PERSON IN GROUP inclusive all taxes |  | Credit/Debit Card |
|---|---|---|---|
| University of Oxford, U.K | GBP 1350 | Register Now | Register Now |
| University of Cambridge, U.K | GBP 1350 | Register Now | Register Now |
| King’s College London, U.K (University of London) | GBP 1350 | Register Now | Register Now |
| University of Edinburgh, U.K | GBP 1350 | Register Now | Register Now |
| London Institute of SD – Learning Center | GBP 1145 | Register Now | Register Now |
| Baku, Azerbaijan | GBP | ||
| Istanbul, Turkey | GBP |