| Published | 2020-12-09 |
| Platform | Udemy |
| Rating | 4.36 |
| Number of Reviews | 246 |
| Number of Students | 633 |
| Price | $19.99 |
| Instructors |
Governance Risk and Compliance GRC
|
| Subjects |
FATF Recommendations on AML / CFT for High Risk Customers and Activities PEPs and Correspondent Relationships
Do you know that the biggest challenge for financial institutions is to identify and manage the Money Laundering Risks, Terrorist Financing Risks, and related activities?
Do you know why companies and institutions are being penalized by regulators?
How do financial institutions manage the risk of money laundering and terrorist financing? What is Financial Action Task Force FATF?
What are the recommendations of the Financial Action Task Force (FATF) for the High-Risk Customers and Activities?
Millions of Dollars are spent by financial institutions in the world, on implementing controls and measures, to manage and mitigate Money Laundering ML and Terrorists Financing TF risks and threats.
About Course:
FATF recommendations help organizations in combating money laundering, terrorist financing, and proliferation financing (funding for weapons of mass destruction).
This course is designed to provide you with a practical insight into the Anti Money Laundering AML and Countering Financing of Terrorism CFT with reference to FATF's relevant recommendations. This course is focused on High-Risk Customers and Activities, covered under FATF Recommendations, such as:
Politically exposed persons (PEPs)
Customers belonging to high-risk jurisdictions
NGOs, NPOs
Correspondent banking relationships
In this course, you will get an insight into how the Financial Institutions FIs and Regulators are focusing on strong compliance culture to manage the Money Laundering ML / Terrorist Financing TF risks to avoid penalties and reputation losses.
You will learn the:
- Money Laundering and Terrorist Financing with Examples
- Anti Money Laundering AML Measures
- FATF's Risk-Based Approach RBA
- Customer Due Diligence Measures
- Enhanced Customer Due Diligence EDD
- Politically Exposed Persons PEPs and related ML/TF risk factors
- Correspondent Banking Relationship and related ML/TF risk factors
- FATF Recommendations on High-Risk Customers and Activities
- Practical Examples
A QUIZ TO TEST YOUR KNOWLEDGE ABOUT FATF HIGH-RISK CUSTOMERS AND TRANSACTIONS / AML CFT IS ALSO PART OF THIS COURSE
This course will help you in your job roles particularly if your area is Compliance, Anti Money Laundering AML, Regulatory Compliance, Customer Relationship, and Risk Assessment and Management.
After attending this course you will be able to confidently talk and communicate with compliance, AML / CFT professionals, audit, and other related professionals.
Who is this course for:
Compliance professionals and students
Regulatory Compliance professionals
Risk management professionals and students
Internal audit professionals and students
Internal controls professionals
Finance professionals and students
CAMS, AML/CFT students
ACCA, CPA, CGA, CMA students