This online program is designed to create awareness and provide advice on the techniques for implementing or enhancing a robust Anti-Money Laundering (AML)/Combating the Financing of Terrorism (CFT) framework. The sessions review and inform on the principles and guidelines of AML/CFT monitoring, for compliance and internal control within the organisation. Participants will also gain an understanding of the standards set by the Financial Action Task Force (FATF) and the importance of compliance.

Upon completion of this workshop, participants should be able to:

• Identify & define the basic concepts in AML/CFT monitoring and compliance
• Review or setup systems to identify and monitor illegal transaction activity
• Demonstrate an understanding of the internal and external supervisory networks and the responsibilities of reporting within each network
• Demonstrate an understanding the use of technology in the AML supervision process
• Design or evaluate and improve an AML supervisory framework
• Chart and report on supervisory progress and recommendations for compliance
• Communicate effectively with internal management on supervisory exercises and compliance issues