What you’ll learn
- Learning Anti money laundering
- learning Know your Customer
- Learning to conduct Due Diligence
- Learning Transaction monitoring
- Learn the different segments within AML/CFT for seeking jobs in AML/CFT field. the learner can understand different sectors and capability need to perform tasks
This course includes:
- 43 mins on-demand video
- 5 downloadable resources
- Access on mobile and TV
- Full lifetime access
- Certificate of completion
Description
Money laundering and terror financing are the most negative elements that has adverse effects on country`s economy. To mitigate such effects Government set out some rules and regulations to counter such elements which organization will implement in its organization.
Money laundering is generally described as the process by which criminals attempt to hide or disguise the true origin and ownership of the proceeds of their criminal activities, including terrorist financing, thereby avoiding prosecution, conviction and confiscation of criminal funds. The prevention of terrorist financing is included in all the Firm’s policies, procedures, systems and controls for the prevention of money laundering.
Such operations may be complex but, in essence, they comprise three basic stages, as follows:
(i) Placement – the placing of “dirty” money into the financial system;
(ii) Layering – the process of moving “dirty” money within the financial system to conceal the source of the funds;
(iii) Integration – the withdrawal of “cleaned” money from the financial system for the purpose of general expenditure or purchase of business or financial assets or real estate in furtherance of criminal activity.
In this document keeping in view such rules and regulations we have defined and set the standards regarding roles, objectives and responsibilities for countering Money Laundering and Terror Financing. This document will clearly mention the role of staff to identify, assess and report suspicions.
This document will clearly define Know your Customer, Customer Due Diligence, Identifying suspicion, assess the suspicion on some parameters defined under AML Regulations. The role of compliance Officer does not end upon suspicion but start as compliance officer has to take actions upon the suspicion and report to the regulator in a pre-defined mechanism. Reporting of Currency Transaction beyond the threshold defined by AML regulations is also a role of compliance officer and retention of record for certain period defined.
The document is drafted upon the guidelines issued by EU under 6th Anti-Money Laundering Act Directives and Government of Republic of Poland in different acts related AML/CFT/CPF.
Who this course is for:
- For Compliance Officers
- EMIs and Banks or any financial Institutions
- For understanding the working of AML/CFT
How to Get this course FREE?
Get a 100% Discount On Udemy courses by clicking on the Apply Here Button. This Course coupon code is automatically added to the Apply Here Button.
Apply this Coupon: E2A4A5A76E5414ECB588 is applied (For 100% Discount)
For Latest Udemy Courses Coupon, Join Our Official Free Telegram Group :https://t.me/freecourseforall
Note: The udemy Courses Will be free for a Maximum of 1000 Learners can use the promo code AND Get this course for 100% Free. After that, you will get this course at a discounted price.
Important Notice and Disclaimer:- CareerBoostZone platform is a free Job Sharing platform for all the Job seekers. We don’t charge any cost and service fee for any job which is posted on our website, neither we have authorized anyone to do the same. Most of the jobs posted over Seekajob are taken from the career pages of the organizations. Jobseekers/Applicants are advised to check all the details when they apply for the job to avoid any inconvenience.
[…] Click Here To Apply […]