Anti-Money Laundering Regulations, Compliance, Process, and Policy

Objectives

• Understand the fundamentals of anti-money laundering (AML) regulations.
• Explore compliance requirements and processes for AML enforcement.
• Develop effective AML policies to mitigate financial crime risks.
• Strengthen knowledge of international standards and best practices.

Content

Overview of Anti-Money Laundering (AML)

• Definition and importance of AML
• Stages of money laundering: Placement, Layering, Integration
• Key global AML regulations and frameworks
• Impact of money laundering on economies and institutions

AML Compliance Requirements

• Know Your Customer (KYC) and Customer Due Diligence (CDD)
• Reporting obligations: Suspicious Activity Reports (SARs)
• Role of regulatory bodies in AML compliance
• Penalties and consequences for non-compliance

Developing Effective AML Policies and Procedures

• Components of an AML policy
• Risk-based approach to AML
• Employee training and awareness programs
• Internal controls and monitoring systems

International Standards and Best Practices

• Financial Action Task Force (FATF) recommendations
• Cross-border collaboration in combating money laundering
• Leveraging technology in AML compliance
• Emerging trends and challenges in AML enforcement

DATE:

1ST BATCH: 11th – 14th Mar,                                       2025    

2ND BATCH: 15th – 18th July,                                      2025

3RD BATCH: 18th – 21th Nov,                                      2025