Compliance with Sanctions & AML/CFT regulations in a Complex Landscape

Given the plethora of compliance tasks and responsibilities that compliance teams need to shoulder in such a complex regulatory landscape, this course will walk attendees through in-depth view of evolving AML/CFT & sanctions risks. Topics to be covered include: personal liability, senior management regime, case management, STR filing, pillars of the compliance program, Anti-Bribery & corruption measures, sustaining correspondent banking relations, sanctions risks, and the intricacies of restricted goods and proliferation finance. Also, the course will simulate real-life compliance case studies and polling questions to assess and validate attendees understanding and engagement.

Why You Cannot Miss this Event

Gain an in-depth understanding of evolving AML/CFT and sanctions risks. Learn about personal liabilityand senior management responsibilities. Master STR filing and key components of a compliance program. Address Anti-Bribery & Corruption measures in complex environments. Understand the challenges of sustaining correspondent banking relations. Navigate sanctions risks, restricted goods, and proliferation finance. Participate in real-life case studies and interactive polling to test your knowledge. Equip yourself with practical strategies for managing high-risk compliance areas.

Learning Outcomes

The course will aim at providing trainees with the necessary tools and insights on how to cope and carry out successfully the complex mandates of the compliance functions in order to protect the integrity of their institutions. In addition to the above-mentioned themes, the course will also offer a deep dive into evolving sanctions risks, new AML/CFT requirements for investment advisers and company service providers, and managing financial crime risks emanation from Citizen and Resident by Investment (CBI/RBI) schemes.

Finally, the course will address the reporting lines of the MLRO with competent authorities and board of directors as well as shed light on how to manage blocked assets & dig for the ultimate beneficial owner in complex ownership structures. By the end of the workshop, participants will be able to:

Comprehend the immense responsibilities of MLROs in this era
Acquire 360 degree vision on the diverse risks of financial crimes
Identify loop holes in internal controls and compliance systems

Key Participants

MLROs, AML/CFT, and compliance officers
Board members and secretaries
Regulators and examiners
Internal auditors
Operations (transfers, branch managers, trade finance)
Customer service teams
Risk officers
External auditors
Relationship Managers & Mid-management
Government agencies and law enforcement
Lawyers
Supply chain and procurement managers