Cams ( Certified Anti Money Laundering Specialist) 1 Image
1 year ago

Cams ( Certified Anti Money Laundering Specialist)

Dubai - United Arab Emirates

1.0 AED


Description

Get the best exam preparation training from MNR Talent and Skill Development Institute, Dubai

What you can become?

♦ Anti-Money Laundering Officers
♦ Compliance Officers
♦ Government Regulators
♦ Law Enforcement/Intelligence Agents
♦ Internal & External Auditors
♦ Intelligence Officers
♦ Risk Management Specialists
♦ Attorneys and Certified Public Accountants
♦ Investment Advisors
♦ Real Estate Compliance Specialists
♦ Consultants
From:

♦ Banks
♦ Credit Unions
♦ International Regulatory Bodies
♦ Law Enforcement Agencies
♦ Securities Firms
♦ Money Services Businesses
♦ Insurance Companies
♦ Consulting Groups
♦ Audit Firms
♦ Accounting and Law Firms
♦ Gaming Organizations
♦ Credit, Debit & Pre-Paid Card Companies
♦ Real Estate Agencies
♦ Jewelry and Precious Metals Dealer
Risks and Methods of Money Laundering and Terrorist Financing

What is Money Laundering?

♦ Three Stages in the Money Laundering Cycle.
♦ The Economic and Social Consequences of Money Laundering.
♦ AML/CFT Compliance Programs and Individual Accountability.
♦ Credit Unions and Building Societies.
♦ Non-Bank Financial Institutions
♦ Non-Financial Businesses and Professions.
♦ Risk Associated with New Payment Products and Services.
♦ Corporate Vehicles Used to Facilitate Illicit Finance.
♦ Terrorist Financing
♦ Use of Hawala and Other Informal Value Transfer Systems.
♦ Emerging Risks for Terrorist Financing

International AML/CFT Standards

What you can become?

♦ Financial Action Task Force (FATF).
♦ FATF Objectives.
♦ FATF 40 Recommendations.
♦ FATF Members and Observers.
♦ Non-Cooperative Countries.
♦ The Basel Committee on Banking Supervision.

Course Content

ANTI-MONEY LAUNDERING

AML/CFT and KYC Fundamentals, obligations (Regulatory requirementsGlobal, National and Regional).

International Frameworks, best practices by FATF, BASEL, EGMONT EU Directives, etc.

RISK-BASED APPROACH

Risk Indicators, Internal Controls

CUSTOMER DUE DILIGENCE

SDD, EDD, Ongoing Monitoring

BENEFICIAL OWERS, PEPs

Identify, Verify, SoW-SoF & Monitor

SANCTIONS, SCREENING

Red Flags, OFAC, UNSC, EU-UKHM Black List/Watch List, False Positives

SUSPICIOUS TRANSACTION REPORTS (STR, SAR, CTR)

Filing, Reviewing, Data Mining

RECORD KEEPING PROCEDURES

Regular, Ad-hoc reporting

TRAINING

Awareness, refresher, updates

Who are the instructors?

♦ CAMS-certified & Experienced Professionals
♦ Recognized leaders in the industry