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 the expectations in Risk Based Approach implemented by the Reporting Institutions from the Regulators perspective and the need to enhance KYC to mitigate the risk from evolving typologies in money laundering and terrorism financing.
- Recognize the importance in identifying Politically Exposed Person (PEP) and its expanded definition of family members / close associates and the required enhance customer due diligence to be conducted on PEP.
Course Content
SNAPSHOT OF AML/CFT REGULATIONS IN MALAYSIA
CHALLENGES IN BATTLING MONEY LAUNDERING
CHALLENGES IN BATTLING TERRORISM FINANCING
RISK BASED APPROACH (RBA) AS A KYC TOOL IN BATTLING MONEY LAUNDERING & TERRORISM FINANCING RISK
POLITICALLY EXPOSED PERSON (PEP) AND ITS RISK IN MANAGING MONEY LAUNDERING & TERRORISM FINANCING RISK
ANTI-MONEY LAUNDERING, ANTI TERRORISM FINANCING & PROCEEDS OF UNLAWFUL ACTIVITIES ACT 2001 (AMLA 2001)
SC GUIDELINES ON PREVENTION OF MONEY LAUNDERING & TERRORISM FINANCING FOR CAPITAL MARKET INTERMEDIARIES
BNM ANTI-MONEY LAUNDERING & COUNTER FINANCING OF TERRORISM – BANKING & DEPOSIT TAKING INSTITUTIONS (SECTOR 1)
EXERCISES & REVIEW OF REPORTED AML/CFT CASES