Anti-Money Laundering AML and Combating the Financing of Terrorism

This training workshop gives insight into the definitions and extent of money laundering and terrorism financing and explains the connection to KYC programmes. It describes basic terminology, and describes and debates terms such as ‘politically exposed person’, ‘predicate offenses’, ‘suspicious activity report’, ‘ultimate beneficial owner’ and ‘sanction’.

•  What is Anti-Money Laundering (AML)?
  
•  What is Combating the Financing of Terrorism (CFT)?
  
• O que conhece seu cliente (KYC)? Isso é especialmente verdade se você trabalha em qualquer uma das seguintes funções:

AML awareness is universal and is relevant for every person, corporate, and government department. This is especially so if you work in any of the following functions:

• Contas a pagar
  
• Contas a receber
  
• Contratando
  
• Compliance
  
•  Risk management
  
•  Managers with responsibilities for internal AML controls.
  
•  Internal and External Audit Staff.
  
•  Lawyers and Support Staff.
  
•  Company secretaries

Upon completion of this training workshop, you will be able:

•  To distinguish between money laundering and terrorist financing
  
•  To understand what is considered ‘unusual activity’ for a particular customer.
  
•  To demonstrate understanding of KYC activities.