Money laundering is a global issue/problem and specially challenge for developing countries. Maintaining successful anti money laundering strategies require knowledge, teamwork and greater transparency. Understanding changes in regulatory guidelines, focused training programs are crucial towards combating these financial crimes. The Institute in collaboration with its knowledge partner Global Capiteus Consulting (GCC), a global consultancy that helps the world’s most ambitious ventures in order to address AML/CFT, Compliance related issues, launching first ever certification in Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT).

• Money Laundering
• How Money is laundered
• Importance of AML
• The three stages of money laundering
• (a) Placement
• (b) Layering
• (c) Integration
• Corporate Governance Framework laundering
  
  • (a) Written internal policies, procedures and controls reponsibility
  • (b) A designated AML compliance officer
  • (c) On-going employee training
  • (d) Independent Review to test
• Financing of Terrorism
• The consequences of money laundering and terrorist financing
• International sanctions?
• Financial Action Task Force
• The economic a social consequences of money
• AML/CFT compliance and individual

• Electronic transfer of funds
• Remote deposit capture
• Structuring
• Bulk cash smuggling
• Gold
• Insurance
• Payable through A/Cs and Concentration A/Cs
• Private banking
• Use of political expose person (PEPs)
• Money service Businesses
• Money Orders
• Regulations involving Money service business
• Internet
• ATMs
• Autos
• Shell Banks
• Shell Companies
• Safe Deposit Box
• Real Estate
• Monetary Instruments

• What is CDD?
• When to Perform Due Diligence or Enhanced Due
• Structuring
• Bulk cash smuggling
• Gold
• Insurance
• Payable through A/Cs and Concentration A/Cs
• Private banking

Professionals from banking/Insurance/Non Profit Organisations/ Non Banking Finance Companies Modaraba/ Assest Management Companies/ Brokerage Houses), Designated non-financial businesses and professions (DNFBPs) including real estate agents, dealers in precious metals and stones, and FBR- supervised accountants & government sector’s public managers.

• Participants must achieve 50% or above in the final exam to be eligible for the award of the Certification.
• The candidates will be required to undertake a 1.5 hours computer based examination (CBE) of each level consisting of 50 MCQs of 2 marks each.
• The participants who would not be able to achieve 50% may reappear to qualify the certifications successfully

Mode of session:

Online

CPD Hours :

40 Hours

Investment:

Rs-20,000/-