Start Date: October 23, 2024
Duration: 15 Weeks
Course Fee: USD $1,850.00
Delivery Format: 100% Online

In recent times reporting entities and other stakeholder organizations within the AML/CFT/CFP regime have had the challenge of having to reach international global standards set by the Financial Action Task Force (FATF). Recommendations 5, 6, 7, 8 and 17 of the revised FATF 40 recommendations speaks to issues surrounding the global threat of terrorism/financing of terrorism and sanctions. Institutions within the AML/CFT/CFP regime are now required to train and develop its resources (human and technological) towards a clear understanding of the risks posed by the proliferation of terrorism and terrorists financing strategies aimed at exploiting the global economic environment for the purpose of causing mass casualties and propaganda.

Professionals involved in AML/CFT/CFP compliance as well as law enforcement/intelligence gathering related to terrorism/terrorist financing, must now hone their skills to treat with the growing international demands of regulatory agencies. This certification course is designed to meet the demands placed on AML/CFT/CFP practitioners by international regulators for a determined and focused approach towards addressing the problem of terrorism/terrorist financing. It aims at developing the individual’s competences in identifying, assessing, analysing and disseminating information in the form of STR’s/SAR’s or intelligence products to the various AML/CFT/CFP regulators/stakeholders.

This certification course content includes:

•  Introduction to AML/Anti-Terrorism/CFT Ecosystem
• ​Overview of Counter Financing of Terrorism/Anti-Terrorism
• ​Sanctioning bodies and Recommendations on CFT – EU, UN, US – OFAC, UK, Defenses used by reporting entities
• Fundamental differences between Money laundering and Terrorist Financing
• Terrorism and the Global impact Social/economic impact
• CFT/TF Threat Assessment- Understanding TF Risks   (Customer Risks Rating)
• Know Your Customer in relation to CFT/TF & Comparison of Indicators – ML & CFT
• Customer Due Diligence (CDD) and Non-profit organizations
• Enhanced Due Diligence (EDD) & Retrospective Due Diligence (RDD) –  Preventing TF exploitation of financial products
• Compliance responsibility ML/TF; QTR’s & TFR’s; regulatory requirements
• Reporting (STR’s) on suspected terrorism and terrorists financing
• Confiscation of terrorist’s property and the role of the compliance officer
• The FTF phenomena – International & Regional perspectives
• Social Media for propaganda and crowd funding, proliferation
• ​Cybercrime & Terrorism

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