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AML/CFT Compliance

September 11 @ 8:00 am - September 15 @ 5:00 pm

| N134,515

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BACKGROUND:
The negative effect of Money Laundering and Financing of Terrorism in any economy, cannot be over emphasized. Financial operators are particularly vulnerable to unwittingly being used by launderers and terrorism financiers. It is therefore, crucial to develop the skills of operators in the financial system and law enforcement agencies to detect, prevent and control the menace of money laundering and financing of terrorism.

TARGET PARTICIPANTS:
Financial System Operators, Inspectors, Compliance Officers, Portfolio/Treasury
Managers, Insurance Executives, Investment Advisers, Enforcement Officers in
public and private corporations, as well as those being prepared for such roles

OBJECTIVES:
At the end of the course, participants should be able to:

  • Dimension the global impact of money laundering and financing of terrorism
  • Enhance their roles and responsibilities in the effective implementation of the Money Laundering Prohibition Act
  • Learn the techniques of recognizing and reporting suspicious transactions
  • Appreciate the role of the financial system as an instrument of curtailing money laundering and financing of terrorism

CONTENTS:

  • Overview of the Money Laundering Act 2011: Implications of the Provision for Financial Institutions
  • Money Laundering Techniques and the Vulnerabilities of Financial Services Products
  • Duties and Responsibilities of Compliance Officers in the Anti-Money Laundering Enforcement
  • Recognition, Handling and Reporting of Suspicious Transactions
  • Designing a Comprehensive Anti-Money Laundering Framework for a Financial Service Business
  • Know Your Customer (KYC) in Practice and Customers Risk Profiling
  • Anti-Money Laundering Crusade: The Role of the NFIU
  • Curtailing Money Laundering and Financial Crimes Through Multi-Agency Collaborative Approval
  • Engendering an Effective Compliance Structure and Maintaining a High Level of Awareness

For more information, please call Folasade on 08066641887 or Email: falonge@fitc-ng.com

 

 

Details

Start:
September 11 @ 8:00 am
End:
September 15 @ 5:00 pm
Cost:
N134,515
Event Tags:
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Organizer

FITC
Email:
info@fitc-ng.com
Website:
www.fitc-ng.com

Venue

FITC House
164/166 Murtala Mohammed way Ebute-Metta,
Lagos, Lagos Nigeria
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