Basic AML CFT Training Program for Exchange Houses

Name of the Training: Basic AML CFT Training Program for Exchange Houses

The AML CFT (Anti-Money Laundering and Counter Financing of Terrorism) Training Program for Exchange Houses is a comprehensive course designed to provide participants to possess the skills necessary to navigate the complex regulatory landscape, implement effective AML CFT measures, and contribute to the overall integrity of financial transactions processed through exchange houses.

Course 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. Group Discussion
• Stages and Methods of Money Laundering
• What is Terrorist Financing and Proliferation Financing?
• Typologies of ML through Exchange Houses
• Guidance on ML & TF
• How do Exchange houses fight money laundering?
• Customer Due Diligence- Individuals
• Customer Risk Assessment
• Enhanced Due Diligence- Corporates and Individuals
• High Risk Clients
• Sanctions against Persons Violating Reporting Obligations
• Obligations of Front-Line Officers

Targeted Industry:

• Exchange Houses

Targeted Audience:

• Front Line Officers
• Branch Supervisors
• Business Development Managers 
• Branch Managers

Date & Time – 27^th March 2024 from 10.00 AM to 1.00 PM

Duration: 3 Hours

Course fee: AED 100/- per person inclusive of VAT

Language of Delivery – English

Mode of Training: Online

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)|
  

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