AML And Fraud Prevention Compliance - 1 Day Seminar

A persistent threat over recent decades and a continuing burden to global economic development, money laundering has developed into a focal point for the fight against financial crime. With an ever expanding armory of regulation, and with criminals more intent on exploiting systemic gaps than ever before, this Programme will look at ways to minimize Institutional Risk and reduce potential exposure to money laundering and the growing threat of financial crime. 

WHY SHOULD YOU ATTEND :
This course will give participants detailed overview of money laundering and fraud prevention, looking at a wide range of financial crime scenarios to develop a deep understanding of these issues from a theoretical and practical perspective. The program will aim to develop skills to help money exchange minimize their exposure and risk to this growing area of global crime, using current trends and typologies to adequately establish frameworks for continued deterrence.

This course aims to develop the fundamental skills, both in theory and practice, to develop individual and organizational awareness of the growing threats of money laundering and fraud. The facilitation will build core principles and ideas, based on Local (CBUAE) & International Standards and Best Practices, as well as Industry Benchmarks, to allow attendees to build competence in this ever evolving area of the modern business world.

AREAS COVERED IN THE SESSION :
Money Laundering and Terrorist Financing
Governing Standards - What is driving AML requirements ?
Santiago Principles - How do they help ?
Risk-Based Approach
Preventive Measures
MENA - FATF Money Laundering Typologies 
AML Regulations
1 Hour Assessment

WHO WILL BENEFIT :
Money Laundering Reporting Officers
Anti-Money Laundering, Financial Crime Prevention, and Fraud staff
Compliance Officers/Managers and their Deputies
Management including Senior Executives
Risk Management
Legal Department
Internal Auditors and Audit Managers
Regulatory Representatives
Accounting & Finance
Company Secretary
Front Office personnel
Tellers
Business Heads
Product Heads