AML CFT Training Program

Money laundering is the processing of profits generated out of criminal acts by an individual or a group which carries out those activities to disguise their illegal origin, as it enables them to enjoy profits without jeopardizing their source.

AML CFT Training provides a good understanding of AML rules, regulations, and policies to the candidates. It allows employees to get on with work unsupervised which, in turn, builds trust and drives productivity.

Why do you need training in Anti-Money Laundering?

  • Protecting your organization from financial crime
  • To meet regulatory compliance requirements
  • To encourage employees to be responsible, vigilant and to act fast whenever they suspect any money-laundering or criminal activities

If you are a bank, financial institution, brokerage firm, an insurance company, or designated non-financial business and profession that falls under the AML laws and regulations, we can offer in-house AML compliance training for your employees to keep up-to-date with the new laws and regulations and the new development in the anti-money laundering field.

AML Compliance Training is very helpful for organizations to prevent the negative impacts of money laundering & terrorist financing on their customers, employees, and on the economy. Delphi is one of the leading training institutes, providing AML Training for Employees for corporate organizations.

Training Content Key Task
1. Introduction to AML and different methods of money laundering along with typologies issued by Financial Action Task Force (FATF), FATF Style Regional Bodies, etc. A detailed introduction to Anti Money Laundering along with the stages involved in money laundering (Placement, Layering, and Integration) and the typologies issued by FATF, Egmont Group, FATF Style Regional Bodies, etc.
2. A high-level discussion on local regulations on AML/CFT. Provide training on local regulations on AML/CFT to familiarize and equip the staff with the necessary understanding of the Central Bank’s/other regulator’s requirements and laws concerning AML/CFT.
3. Customer acceptance and continuance of customer relationships. Procedure for customer acceptance while onboarding new customers and continuance of relationship with customers by performing basic and enhanced due diligence of customers.
4. Risk assessment of AML/CFT by applying a risk-based approach and risk profiling of customers. Identify AML/CFT risks, assess the risks identified, and develop controls to mitigate the assessed risks and documentation of the risk assessment in addition to assigning appropriate risk scores to the customers which shall determine the extent of CDD measures to be performed. The use of the Risk Assessment Matrix (Risk Rating Template) would be covered too.
5. Customer Due Diligence (CDD) and how to Conduct CDD for High-Risk Customers. CDD procedures as a critical element of effectively managing risks would be covered to safeguard against criminals, terrorists, and Politically Exposed Persons (PEPs). Furthermore, the requirements for enhanced CDD measures and enhanced ongoing monitoring in situations where the risk of money laundering and financing of terrorism is high.
6. Know Your Customer (KYC) procedures and how to create and document a quality KYC Form. KYC procedures include Customer Identification Procedure (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD); documentation procedures of KYC forms.
7. How to identify suspicious transactions and report the same to the FIU (Financial Investigation Unit) which includes local regulations. Guidance on how to identify suspicious transactions and how to report the same to the right authorities.
8. Money Laundering Red Flags With Case Examples and Sanctions Screening procedure Money laundering red flags are relevant to the companies and the nature of their operations.

Who should take this AML Compliance Training?

  • Employees from any financial institution, bank, insurance company, or designated non-financial business.
  • Anyone who wants to understand the AML laws and regulations

Why Edudelphi?

Certified & Professional Trainers

Our faculties are qualified & industry experts with significant experience in their domain.

Live Instructor Led Training

We conduct live classes through GoToMeeting, Zoom and other live meeting software.

Cloud e-learning portal

Get live class notifications, view class recordings, or practice questions all in one access.

Flexible Batch Timings

All our batch schedules are designed to support work while you study principle.

Placement Assistance

We guide you to benefit from the newly acquired global professional certification.

Reputed Study Materials

We provide internationally reputed study materials with our customized success slides.

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