AML Refresher Training with Case Studies and Discussion

This 1.5 Hours online training provides in-depth AML insights tailored for compliance officers, financial professionals, and risk managers. Strengthen your compliance framework and stay updated with SFC AML/CFT requirements.  

Course Outline

• AML Policy – Understand key regulations and institutional responsibilities 
• AML Institutional Risks Assessment – Identify and manage potential AML risks.
• AML Risk Assessment Questionnaire  – Implement effective risk assessment measures
• PEP and Sanctions List Screening – Ensure compliance with screening requirements to prevent regulatory violations
• Case Studies and Discussion

Detailed Training Content 

Stages of Money Laundering – Recognize how financial crime evolves and how to counteract it.  

Effective AML/CFT Control System – Implement robust mechanisms to combat money laundering and terrorist financing.  

Compliance with SFC AML/CFT Requirements:

   - Risk-Based Approach – Adapt AML measures based on risk levels.  

   - Customer Due Diligence – Strengthen client verification processes.  

   - Sanctions List Screening – Prevent unauthorized transactions with restricted entities.  

   - Ongoing Monitoring – Conduct continuous compliance evaluations.  

   - Suspicious Transaction Reporting (STR) – Detect and report red-flag transactions effectively.  

   - Case Studies and Discussion on different AML situations 

To complete the training, you are required to answer 15 questions in the Assessment Test at the end of the training and have 9 questions answered correctly.  Prior to taking the Assessment Test, you must watch the entire training video. Failure to do so may lead to cancellation of your Certificate of Completion.

**Please note that you are required to create an account with Thinkific, our Learning Management platform. Your Certificate of Completion will be issued using the name used to create the account. Therefore, please ensure that your official name is used when creating the account on Thinkific.**

For any queries, please email us at [email protected]. Thank you.