Purpose of Programme
● Explain the different financial crime types and how these may impact your business.
● Provide an overview of the international, regional and domestic bodies that combat financial crime in the financial services sector and provide an overview of the role of the regulator.
● Explain the roles and responsibilities of an executive team when it comes to financial crime prevention and explain the concept of fitness and probity.
● Provide an overview of the senior management AML/CTF obligations including how to implement a risk approach and identify your business’ risk appetite.
●Highlight the importance of having a robust anti-financial crime programme and the implications of getting it wrong.
Course Outline
● Module 1: What is Financial Crime?
● Module 2: Regulatory Landscape and the Role of the Authority
● Module 3: Roles and Responsibilities as an Executive Team
● Module 4: Fitness and Probity
● Module 5: Senior Management AML/CFT Obligations
● Module 6: What is the risk-based approach? What is your firm’s risk appetite?
● Module 7: Implications of Getting it Wrong
Learning Objectives and Outcomes
● Understand the different financial crime types including money laundering, terrorist financing, fraud, bribery and corruption, sanctions evasion, market manipulation and cybercrime and what impact they may have on your business
● Obtain an understanding of the regulatory landscape including what the primary money laundering offences are. Know where to obtain information regarding best practice and industry standards relating to the financial services sector and AML/CFT.
● Understand your responsibilities as a senior manager when it comes to financial crime prevention.
● Understand the fitness and probity criteria and assessment requirements.
● Understand what a risk based approach is and how to define your risk appetite.
● Understand the consequences of non-compliance, what this means for your business and yourself.
About the Trainer
Sara Abbasi
● 6+ years experience working in FCC roles across a range of financial products including FX and payments, Private Banking, Corporate and Investment Banking (ex Credit Suisse, CurrencyCloud)
● Financial Crime Operations experience in Transaction Monitoring, SAR reporting and Anti-Money Laundering investigations.
● 3+ years experience training range of financial services businesses on anti-financial crime (AFC) training and agile project delivery.
● Worked with a range of financial institutions designing AFC frameworks for emerging products, testing and implementation of third party AFC solutions, and conducting audits on financial crime control frameworks.
● BA War Studies; combines an academic background in geopolitics with professional experience in financial crime compliance.
Course Dates
● 21 September 2022
Course Fee
● S$750 per pax
Organizer
