High risk vs Low risk? – Walking through the AML/CFT Risk Assessment Process

This training provides you an overview on the AML/CFT risk assessments under the SFC Guideline on Anti-Money Laundering and Counter-Financing of Terrorism for Licensed Corporations ("AML/CFT" Guideline). In particular, this training will focus on the AML/CFT risk assessments at the Licensed Corporation as well as customer levels. The training contents are as follow: 

Part 1: What are AML/CFT risk assessments

Part 2: SFC’s regulatory concerns on AML/CFT risk assessments 

Part 3: Effective AML/CFT risk assessment processes at Company and Customer level

Part 4: Common challenges when exercising risk assessments

Part 5: Practical solutions to the challenges

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.