Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT)
This course on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is designed to provide participants with a comprehensive understanding of the regulatory frameworks, risk-based approaches, and practical strategies needed to detect and prevent money laundering and terrorism financing.
Participants will explore the key provisions of international AML/CFT standards, including the Financial Action Task Force (FATF) recommendations, and examine the roles of regulatory bodies such as the Financial Crimes Enforcement Network (FinCEN) and the European Union’s AML directives. The course covers essential topics such as customer due diligence (CDD), suspicious activity reporting (SAR), and the identification of politically exposed persons (PEPs).