AUDITING THE COMPLIANCE PROGRAM
The AML/CFT compliance program must be independently assessed with a view to giving the Board/management the assurance that the company’s AML/CFT risks are being mitigated. This will involve the independent review of the overall framework of compliance and independent testing of controls and transactions as appropriate.
This training is designed specially to equip persons responsible for 3rd-line function of independent assessment of the compliance function with requisite knowledge, skills and tools needed to perform their function effectively.
Course content includes amongst others:
- The AML compliance program
- AML risk assessment;
- Customer due diligence;
- Threshold reporting;
- Suspicious activity monitoring & reporting;
- Sanctions screening;
- High risk activities, products & topic;
- Planning & executing the review;
- Reporting;
- Cases;
Faculty
Training will be facilitated by hands-on AML experts with many years of industry and regulatory experience.
Date & Time
26 - 27, April 2018; 9 am – 5pm daily
Venue
FCMB Training Academy
70, Awolowo Road, opposite Total Filling Station, Keffi Junction, Awolowo Road, Ikoyi, Lagos
Fees
NGN100, 000.00 per participant to cover training materials, tea break and lunch, payable to Mayflora Consulting Limited, account number 0022663941 at Stanbicibtc bank
Who Should Attend
Risk Officers, Compliance Officers, Internal Auditors, Lawyers, Accountants, Professionals, Managers or Executives wishing to acquire
AML/CFT knowledge
Inquiry
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.; +2349090006315; +2348099087333
ENHANCED DUE DILIGENCE: TECHNIQUES, TOOLS AND CHALLENGES
As companies grow and evolve in today’s rapidly changing business environment, they continuously face new sets of risk and challenges. Also, as global regulations proliferate, and as stakeholder expectations increase, organizations are exposed to a greater degree of compliance risk than ever before, increasing the risk that your company’s structures could be used to launder money. But developing systems and procedures to detect monitor and report the riskier customers and transactions will increase a company’s chances of staying out of harm’s way from criminals and from government sanctions and penalties
It’s time you stepped up your AML Compliance program
Take advantage of this unique opportunity to learn how to take your AML program to the next level. It is a unique chance to learn hands-on tools and techniques to enhance your skill set and elevate your compliance program.
This day-long very rich in content and typologies:
Topic 1
Risk-based Customer Due Diligence: Understanding Customer categories & Peculiarities, Techniques and Tools for EDD
- Who is your customer? Why do you need KYC? What is risk in
KYC/CDD context and how is it measured?
- How do you know your customer?
- Research skills: Access, Explore, Organize and Present
Topic 2
Updating AML/CFT Models to Meet Global Ultimate Beneficial Ownership (UBO) Standards
- Tailoring on-boarding and due diligence policies to flag potential UBO exposure
- Using global data sharing and public registers to enhance monitoring for UBO risks
- Creating internal systems to assure UBO alerts are escalated, investigated and resolved
Topic 3
Current Status and Issues of AML and Economic Sanctions: Evolving risk and its management
- Tailoring sanctions compliance models to reflect unique institutional risks based on business lines, client profiles, geographic issues and transaction patterns
- Utilizing emerging technologies to enhance entity resolution and provide robust implementation of sanctions changes
- Integrating sanctions oversight into existing culture of compliance with staff training on identifying red flags, updating risk assessments and conducting enhanced due diligence
- Performing independent sanctions model testing to ensure systemic integrity and identify and resolve any compliance oversight deficiencies
Faculty
Training will be facilitated by hands-on AML experts with many years of industry and regulatory experience.
Date & Time
28 March, 2018; 9 am – 5pm
Venue
FCMB Training Academy
70, Awolowo Road, opposite Total Filling Station, Keffi Junction, Awolowo Road, Ikoyi, Lagos
Fees
NGN60, 000.00 per participant to cover training materials, tea break and lunch, payable to Mayflora Consulting Limited, account number 0022663941 at Stanbicibtc bank
Who Should Attend
Chief Compliance Directors, Chief Compliance Officers, Compliance Officers, Heads of Internal Audit, Heads of Control, Chief Risk Officers
Inquiry
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.; +2349090006315; +2348099087333
FUNDAMENTALS OF ANTI-MONEY LAUNDERING & COUNTERING THE FINANCING OF TERRORISM (AML/CFT)
This training will afford participants a sound understanding of the international and local legal basis for AML/CFT. It will identify best practice and current trends for a proper understanding and implementation of the processes and measures necessary for the identification, assessment and monitoring of money laundering & terrorism financing risks in your institution, thereby, avoiding regulatory sanctions.
This training seeks to achieve the following learning objectives:
- Understanding key international and local regulatory requirements;
- Understanding new trends in AML/CFT regulation;
- AML/CFT framework design and implementation;
- AML risk assessment;
- Understanding roles and responsibilities of Board, Management and Staff
- Threshold and Suspicious transaction reporting
- Understanding and identifying red flags
This 2-day training is rich in examples, case studies and typologies.
Faculty
Training will be facilitated by hands-on AML experts with many years of industry and regulatory experience.
Date & Time
22 - 23, February 2018; 9 am – 5pm daily
Venue
FCMB Training Academy
70, Awolowo Road, opposite Total Filling Station, Keffi Junction, Awolowo Road, Ikoyi, Lagos
Fees
NGN100, 000.00 per participant to cover training materials, tea break and lunch, payable to our Account.
Account Details:
Mayflora Consulting Limited, account number 0022663941 at Stanbicibtc bank
Who Should Attend
Risk Officers, Compliance Officers, Auditors, Lawyers, Accountants, Professionals, Managers or Executives wishing to acquire AML/CFT knowledge
Inquiry
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.; +2349090006315; +2348099087333
ENTERPRISE RISK MANAGEMENT
The most important function of management is Risk Management. It is absolutely critical that guesswork is removed from decision making.
This training seeks to achieve the following learning objectives:
- Understanding the concepts of risk management;
- Applying the concepts of risk management;
- Embedding risk management and driving acceptable behaviour;
- Identification of risks and implementation of effective mitigants; and
- Integrating risk management in the business process
Faculty
Training will be facilitated by hands-on Risk Management experts with many years of industry and regulatory experience.
Date & Time
17 - 18, April 2018; 9 am – 5pm daily
Venue
FCMB Training Academy
70, Awolowo Road, opposite Total Filling Station, Keffi Junction, Awolowo Road, Ikoyi, Lagos
Fees
NGN100, 000.00 per participant to cover training materials, tea break and lunch, payable to Mayflora Consulting Limited.
Account Details:
Mayflora Consulting Limited, account number 0022663941 at Stanbicibtc bank
Who Should Attend
Risk Officers, Compliance Officers, Auditors, Professionals, Managers or Executives wishing to acquire risk management knowledge
Inquiry
Contact: This email address is being protected from spambots. You need JavaScript enabled to view it.; +2349090006315; +2348099087333
Tel: 234-8099087333; 234-9090006315
Office Address:
Email:
