ANTI-MONEY LAUNDERING & FINANCIAL CRIME
Strengthening Institutional Resilience Against Financial Crime, Fraud, and Regulatory Risk”
Course Schedule
| Date | Venue | Fees (Face-to-Face) |
|---|---|---|
| 21 – 23 Jan 2025 | Kuala Lumpur, Malaysia | USD 2495 per delegate |
| 28 – 30 May 2025 | Dubai, UAE | USD 2495 per delegate |
| 23 – 25 Sep 2025 | Doha, Qatar | USD 2495 per delegate |
Course Introduction
With increasingly complex criminal networks and growing global regulations, anti-money laundering (AML) and financial crime compliance have become critical to financial institutions and non-financial businesses alike. Organizations that fail to manage AML risks face legal penalties, reputational damage, and regulatory sanctions.
This comprehensive three-day course equips professionals with practical knowledge to identify, assess, prevent, and report financial crime activities. Participants will explore AML frameworks, customer due diligence (CDD), suspicious transaction monitoring, sanctions compliance, and emerging threats such as cybercrime and trade-based laundering. The training is aligned with FATF, Wolfsburg, and local regulatory expectations.
Course Objectives
By the end of this course, participants will be able to:
- Understand money laundering techniques and financial crime typologies.
- Implement AML compliance frameworks in line with international standards.
- Conduct risk-based customer due diligence and enhanced due diligence (EDD).
- Monitor transactions and detect suspicious activities effectively.
- Prepare AML reports, file STRs, and respond to audits and investigations.
- Mitigate exposure to fraud, terrorist financing, and sanctions breaches.
Key Benefits of Attending
- Strengthen your AML knowledge with practical tools and real-world case studies.
- Ensure compliance with FATF, local regulators, and global best practices.
- Understand how to manage reputational and regulatory risk proactively.
- Improve your ability to detect and respond to financial crime activities.
- Build cross-functional cooperation between compliance, operations, and frontline staff.
Intended Audience
This program is designed for:
- Compliance officers and AML analysts
- Risk and internal audit professionals
- Bankers, insurers, and remittance officers
- Law enforcement, regulators, and investigators
- Legal and finance professionals responsible for AML oversight
Individual Benefits
Key competencies that will be developed include:
- AML framework implementation
- Customer due diligence and onboarding
- Suspicious transaction monitoring
- AML risk assessments and reporting
- Investigation and audit readiness
Organization Benefits
Upon completing the training course, participants will demonstrate:
- Reduced exposure to regulatory fines and AML breaches
- Stronger internal controls and CDD processes
- Greater clarity and speed in identifying and responding to risks
- Higher compliance ratings from regulators and external auditors
- Improved institutional reputation and public trust
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
- Compliance Briefings – FATF standards, regulatory updates, and case law
- Tools – Risk scoring models, CDD/EDD templates, STR filing checklists
- Workshops – Risk assessment, case analysis, and red flag detection
- Case Studies – Global and regional AML failures and enforcement actions
- Peer Learning – Scenario-based team activities and audit simulations
- Templates – Audit trail forms, due diligence reports, and AML dashboards
Course Outline
Detailed 3-Day Course Outline
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: AML Foundations and Compliance Frameworks
Module 1: Understanding Money Laundering and Financial Crime (07:30 – 09:30)
- What is money laundering? Stages, channels, and red flags
- Financial crime: fraud, terrorist financing, cyber-enabled threats
- Global AML landscape and key enforcement trends
Module 2: Regulatory Environment and International Standards (09:45 – 11:15)
- FATF 40 Recommendations
- Wolfsburg Principles, Basel, and UN guidelines
- Overview of local AML regulations and regulators
Module 3: Building an AML Compliance Framework (11:30 – 01:00)
- 5 pillars of AML compliance
- Internal controls and the role of compliance officer
- Risk-based approach (RBA) and AML governance
Module 4: Workshop – AML Gap Assessment (02:00 – 03:30)
- Participants assess their institution’s current AML program
Day 2: Due Diligence, Monitoring, and Reporting
Module 5: Customer Due Diligence and Risk Profiling (07:30 – 09:30)
- CDD, EDD, and Know Your Customer (KYC) procedures
- Onboarding, screening, and customer risk scoring
- Beneficial ownership, PEPs, and sanctions screening
Module 6: Transaction Monitoring and Red Flag Detection (09:45 – 11:15)
- Designing and tuning monitoring systems
- Manual vs. automated alert handling
- Common red flags and escalation protocols
Module 7: Filing Suspicious Transaction Reports (STRs) (11:30 – 01:00)
- What, when, and how to file STRs/SARs
- Interaction with FIUs and regulators
- Maintaining audit trails and evidence
Module 8: Case Study – STR Filing Simulation (02:00 – 03:30)
- Teams assess transaction records and draft an STR
Day 3: Risk Management, Investigations, and Emerging Threats
Module 9: Financial Crime Risk Assessment (07:30 – 09:30)
- Enterprise-wide AML risk assessment (EWRA)
- Inherent risk vs. control effectiveness
- Risk registers and mitigation planning
Module 10: Internal Investigations and AML Audit Preparation (09:45 – 11:15)
- Preparing for internal or regulatory AML audits
- Evidence collection and case file management
- Working with internal audit and legal teams
Module 11: Emerging Financial Crime Trends (11:30 – 01:00)
- Trade-based money laundering, shell companies, and crypto risks
- Use of AI in compliance and financial crime prevention
- De-risking and correspondent banking challenges
Module 12: Final Exercise – AML Strategy Workshop (02:00 – 03:30)
- Teams build a risk-based AML action plan for a sample institution
Certification
Participants who complete the program will receive a Certificate of Completion in Anti-Money Laundering & Financial Crime, recognizing their practical knowledge in preventing, detecting, and responding to financial crime risks.