Course Information
Date :
Time :
Duration : 3 hours
Accredetation :
SIDC CPE points: 10 CPE points
Learning Outcome
Upon completion of the above programme, participants will be able to:
- Realize method & practical issues relating to the law, risk & opportunities for money laundering, financing of terrorist and targeted financial sanction.
- Analyse challenges faced by the Reporting Institution in balancing business and compliance.
Course Content
OVERVIEW OF AML/CFT & TFS REGULATIONS
ANTI-MONEY LAUNDERING, ANTI-TERRORISM FINANCING & PROCEEDS OF UNLAWFUL ACTIVITIES ACT 2001 (AMLA 2001)
MONEY LAUNDERING RISK & CHALLENGES
TERRORISM FINANCING & TARGETED FINANCIAL SANCTIONS RISK & CHALLENGES
IMPLICATION OF NON-COMPLIANCE
SC/ BNM POLICY ON ANTI-MONEY LAUNDERING, COUNTERING FINANCING OF TERRORISM AND TARGETED FINANCIAL SANCTIONS FOR FINANCIAL INSTITUTIONS (AML/CFT AND TFS FOR FIs)