Introduction

This AML program offers training risk analysis methods for a wide spectrum of industries providing financial services ((including financial institutions, Insurance, Law institutions, etc…), and provide high level of knowledge to participants to become more consistent in their analysis and management of money laundering related risk issues by developing a consistent, practical and common sense methodology.

This program will provide both experienced and inexperienced participants with additional skills and work tools making their work experience much more effective and efficient.

Program objectives:

This course will:

• Introduce basic money laundering concepts and how they are applicable in the financial services business context.
• Highlight the Factors to determine Risk
• Understand the risks that customers pose and incentives to launders
• Cover the elements of AML program
• Understand what is Compliance culture and AML officer / senior managers roles
• Cover all aspect related to KYC
• Documentation and reporting templates and procedures
• Understand the factors to determine risks
• To recognize the impact of financial services business culture, business risk management practices, and external forces, on an AML program’s development and operation.

Program Duration

The program can be conducted over a 1 or 2 day period as per client requirements

Delivery Method

Course is designed to be delivered in classroom setting and facilitated by an Impact instructor.

Target Audience

This program is suitable for compliance officers , AML officers, Branch managers, front line employees.

Study Material & Tools

The course uses scenarios, illustrations, graphics, and other multimedia elements to make participants engagement with the subject matter both effective and memorable

All scenario responses, assessment questions and the final written task have extensive feedback to further help participants’ assimilation of the module in discussion.

Program Language

All program materials will be in English.
The actual training sessions will be conducted by Facilitators fluent in both Arabic & English.

Number of attendees per training session

It is strongly suggested that the number of attendees per session does not exceed 20 to 25.