Basic AML CFT Training Program for DPMS

The AML CFT (Anti-Money Laundering and Counter Financing of Terrorism) Training Program for Dealers in Precious Metals and Stones is designed to equip industry professionals with the knowledge and skills necessary to mitigate the risks associated with money laundering and terrorist financing in the trade of precious metals and stones.

Training Outline:

• What is Money Laundering?
• Why do criminals launder dirty money?
• What are the Money Laundering Crimes?
• Effects of Money Laundering on the Nation and the Firm.
• Stages and Methods of Money Laundering
• What are Terrorist Financing and Proliferation Financing?
• Guidance on ML & TF
• How does DPMS fight money laundering?
• Customer Due Diligence- Individuals
• Customer Risk Assessment
• Enhanced Due Diligence- Corporates and Individuals
• High Risk Clients
• Obligations of Front-line Staff

Targeted Industry:

• Dealers in Precious Metals and Stone

Targeted Audience:

• Gold & Jewellery Business Owner/Partner/Director
• Front Line Officers
• Sales
• Compliance Manager
• Audit Manager

Date & Time: 29th May 2024, 10 AM to 1 PM

Duration: 3 Hours

Course fee: AED 100 Inclusive of VAT/participant

Language of Delivery: English

Mode of Training: Onsite

Venue: Crowe UAE Academy

Trainer:

Mr. Pijush Das, Director – Crowe UAE Academy

Trainer’s Profile:

• Banker for 30 years at State Bank of India, Mumbai, Singapore and Fina Bank Nairobi (Kenya)- Head of Treasury, Fund Manager, Credit Manager
• President   and Sox  Compliance  Coordinator with  Sify  Technologies, Chennai, India for 6 years- Head of Investor Relations, Corporate Treasurer
• Senior Lecturer for 9  years  with  Emirates  Institute  of  Banking  and Financial  Studies (EIBFS)

Registration