Course Outline
AML/CTF TRAINING SYLLABUS
1. AML/CFT in the Global Context
- FATF
- MONEYVAL
- UE
- SPCSB
- BNM
2. Business Risk Management
- Managing clients who are profitable but high-risk
- Client acceptance and termination strategies (including PEPs and conflicts of interest)
- IRA: Securing Board approval and ensuring strategic alignment
- Practical case studies and exercises
3. Regulatory Expectations for AML/CTF
- Establishing the "tone at the top"
- Delegation of AML/CTF responsibilities
- The perspective of regulators on top-management roles
- Addressing common AML/CTF queries
- Shifting from "We have policies" to "We actively understand and apply them"
- Practical case studies and exercises
4. AML/CTF Governance and Organizational Culture
- The three lines of defense model
- Roles of the CEO, Board, Compliance, and AML Officers
- Internal Audit’s role in AML/CTF
- Enterprise-Wide Risk Assessment (EWRA)
- Key AML performance indicators for senior leadership
- Individual accountability and responsibilities
- Managing risk, sanctions, and reputation
- Practical case studies and exercises
5. Path Forward
- Engaging in constructive dialogue with authorities
- Five critical elements to monitor continuously
Requirements
Foundational Knowledge
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Core AML/CTF regulatory principles and compliance frameworks
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Primary financial crime risks, including money laundering, terrorist financing, and sanctions
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Corporate governance architectures and fundamental risk management concepts
Practical Experience
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Risk assessment methodologies (IRA/EWRA)
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Client onboarding procedures, KYC processes, and PEP screening
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Internal control mechanisms, compliance reporting, or audit operations
Target Audience
This program is tailored for:
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Board Members and C-Suite Executives
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CEOs and senior leadership teams
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Compliance Officers and dedicated AML Officers
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Professionals in Internal Audit, Risk, and Governance
Learners will leverage these concepts to inform strategic decisions, ensure governance accountability, facilitate regulatory dialogues, and oversee enterprise-wide risk management.
Testimonials (2)
The exercises were great — they helped me get back “on the field.”
Lilia Boico - PUBLIC
Course - AML/CTF Governance and Risk Oversight Training
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