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Advanced Anti-Money Laundering and Counter the Financing of Terrorism Practitioner


"The most advanced and comprehensive AML and CFT Operational Compliance Training available worldwide"
The Advanced AML/CFT Practitioner training course has been designed to provide one of the most comprehensive and advanced learning experiences covering AML and CFT frameworks available on the market today. It features some of the very best training materials covering legal, operational, technological, and strategic AML/CFT global perspectives. It draws upon a broad array of legislative requirements, international Financial Action Task Force (FATF) guidance, national guidance materials from the .. continue reading United Kingdom (UK) Financial Conduct Authority and HM Treasury, as well as a broad range of practical and legal case studies that exemplify practical AML and CTF techniques and strategies in use today. It covers inter alia global AML/CFT trends and challenges; the Nominated Officer role and responsibilities; the Fourth Anti- Money Laundering Directive framework; AML/CFT legal frameworks; AML typologies; concealment of beneficial ownership; AML/ CFT risk assessments and much more over three days.

Highlights

  • The most comprehensive and advanced learning experiences covering AML and CFT frameworks
  • Legal, operational, technological, and strategic AML/CFT global perspect
  • Legislative requirements, international FATF guidance, national guidance materials from the UK FCA
  • Practical and legal case studies that exemplify practical AML and CTF techniques and strategies
  • Most comprehensive training package featuring training manuals, materials and PPT presentations

Timings

9:00 AM - 5:00 PM (Business)

Entry Fees

Paid Ticket Starts from 3600 GBP View Details

Participants

100 - 500
Delegates

1 Exhibitors Estimated Count

Category & Type

Conference
Education & Training
Banking & Finance

Editions

21-23 Oct 2019 Interested


Frequency Annual

Official Links

Website Contacts


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Storm-7 Consulting Limited UK

13 events listed
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User Community [ Users who have shown interest for this Event ]

GoingMasroor Ahmad

Masroor Ahmad

Relationship Officer at Citibank

Bahrain
GoingAlexandre Katrangi

Alexandre Katrangi

Vice President at HH Prince Bander Al Saud Office & Rawji Group - Owner Licorne Gulf

Dammam, Saudi Arabia
GoingJoseph V M

Joseph V M

FINANCIAL CONSULTANT at INTERCOL

Kolar, India
Asma Sager Alsardy

Asma Sager Alsardy

Director of the Office of a Deputy in Parliament at The Jordanian House of Representatives

Amman, Jordan
Kedar Kulkarni

Kedar Kulkarni

Pre Sales Manager Information Security at Almoayed Group WLL

Bahrain
Dr. Stephen Chellakan

Dr. Stephen Chellakan

Assistant Professor at AMA INTERNATIONAL UNIVERSITY, BAHRAIN

Bahrain
Dr.assima Debab

Dr.assima Debab

Associate Professor at ama international university

Bahrain

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Schedule & Agenda

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Mon, 21 Oct09:00 AM - 09:30 AMBreakfast and Networking Networking

Light breakfast and networking session

Mon, 21 Oct09:30 AM - 10:30 AMAML and CFT Global Trends and Challenges Session

  • Global View of AML and CFT Cases and Fines,Developments in High Risk Third Countries,Developments in Higher Risk Third Countries; AnUpdate on High End Money Laundering, Strategy andAction Plan. 
  • An Overview of the Financial Conduct Authority(FCA) AML Annual Report (2015-2016; 2016-2017). 
  • A Review of ‘FCA Financial Crime: A Guide forFirms’ and ‘Joint Money Laundering Steering GroupGuidance’.

Mon, 21 Oct10:30 AM - 11:00 AMBreak and Networking Break

Networking break

Mon, 21 Oct11:00 AM - 12:00 PMA Review of the Nominated Officer Role and Responsibilities Session

  • The Role of the Nominated Officer (NO), NOCharacteristics (Trust, Seniority, Independence), NOResponsibilities; Additional NO Responsibilities (AntiMoney Laundering (AML) Controls and Procedures,Record Keeping, Staff Training), and Countering theFinancing of Terrorism (CFT) Controls and Procedures. 
  • Client Due Diligence (General, Enhanced, Simplified,Reliance and Record Keeping, Beneficial OwnershipInformation). 
  • Risk Assessment, Policies and Procedures, EmployeeTraining, Money Laundering Investigation and LawEnforcement, Civil and Criminal Penalties.

Mon, 21 Oct12:00 PM - 01:30 PMLunch and Networking Lunch

Light lunch and networking break

Mon, 21 Oct01:30 PM - 02:30 PMThe Fourth Anti-Money Laundering Directive and the European Supervisory Authorities Guidelines Session

  • The Fourth Anti-money Laundering Directive (4AMLD)(Mitigating Measures; Definitions; 4AMLD Obliged Entities;Exceptions; Commission Risk Assessment; Member StateRisk Assessment; 4AMLD Obliged Entity Risk Assessment). 
  • Third Party Outsourcing (Third Parties; Third PartyOutsourcing Conditions); High Risk Jurisdictions (FinancialAction Task Force (FATF) High Risk Jurisdictions; EuropeanUnion High Risk Third Country List). 
  • Beneficial Ownership Information (Beneficial OwnershipCentral Register; Beneficial Ownership InformationExemption); The European Supervisory Authorities Guidelines;Commission Assessment (40 Products or Services; 11Professional Sectors; Findings).

Mon, 21 Oct02:30 PM - 03:00 PMBreak and Networking Break

Networking break

Mon, 21 Oct03:00 PM - 04:00 PMAML and CTF Legal Frameworks Session


  • An Overview of Part 7 of the Proceeds of Crime Act 2002(Section 340 Definitions; Section 327 Concealing etc;Section 328 Arrangements; Section 329 Acquisition, Use, andPossession) and Part 3 of the Terrorism Act 2000 (TerroristProperty; Fund Raising; Use and Possession; FundingArrangements). 
  • A Review of the Money Laundering, Terrorist Financing andTransfer of Funds (Information on the Payer) Regulations 2017(No. 692). 
  • An Overview of Section 59 Financial Services and Markets Act2000 (FSMA) and Controlled Function Status and the CriminalFinances Act 2017.

Mon, 21 Oct04:00 PM - 05:00 PMFinal Review Session

Q&A session and final review

Tue, 22 Oct09:00 AM - 09:30 AMBreakfast and Networking Networking

Light breakfast and networking session

Tue, 22 Oct09:30 AM - 10:30 AMA Review of Money Laundering Methods Session

  • Assets (gold, jewellery, raw diamonds, antiquities,art); Real Estate (Legal Estate, Equitable Interests,Property Values, Cash Deposits); Deposit Boxes;Private Cash Deals; Currency Exchange Offices,Loans and Mortgages. 
  • The Growing Use of Third Party Intermediaries (TPIs)(Consulting Firms; Legal Professionals; Trust andCompany Service Providers; Accountants) and NewAreas (Capital Markets; Mergers and Acquisitions). 
  • TPI Vulnerabilities (Shelf Companies, Directorship,Trustee, Virtual Office, Mailbox Services, Trusts, ClientAccounts, Client Advocacy and Brokerage Services),and Environmental Vulnerabilities (JurisdictionalVulnerabilities, Vulnerable Business Practices).

Tue, 22 Oct10:30 AM - 11:00 AMBreak and Networking Break

Networking break

Tue, 22 Oct11:00 AM - 12:00 PMConcealment of Beneficial Ownership Session

  • What is Beneficial Ownership; Beneficial OwnershipRequirements around the World; Beneficial OwnershipRegistries. 
  • Misuse of Legal Persons and Arrangements (CapitalCompanies, Partnerships, Limited Liability Companies,Foundations, Trusts). 
  • Techniques used to Obscure Beneficial Ownership(Complex Ownership and Control Structures, Use ofIndividuals, Use of Financial Instruments, FalsifyingActivities).

Tue, 22 Oct12:00 PM - 01:30 PMLunch and Networking Lunch

Light lunch and networking break

Tue, 22 Oct01:30 PM - 02:30 PMAML and CFT Risk Assessments Session

  • Firm Wide Risk Assessment, Risk Factors, RiskAssessment taking into account the Size andNature of the Business, European Banking AuthorityGuidelines on Risk Based Supervision. 
  • Conducting a Risk-Based Approach (Focus onOutputs, Focus AML Resources, Seeking outInformation on Money-Laundering Trends, Threatsfrom External Sources). 
  • Completing an AML/CFT Risk Assessment of theBusiness Utilising Risk Categories (Geographic Risk,Product Risk, Service Risk, Investor Risk, ChannelRisk, Distribution Risk).

Tue, 22 Oct02:30 PM - 03:00 PMBreak and Networking Break

Networking break

Tue, 22 Oct03:00 PM - 04:00 PMAdvanced Risk Assessment Methodologies and Monitoring Session

  • Client Risk Rating (Jurisdiction, Political Status, LegalPersons and Arrangements, Industry Type); Countryor Geographic Risks; Product Type Risks; DeliveryChannel Risks; Risk Rating Methodologies; Risk RatingScale. 
  • Integration of Third Party Systems (Criminal Records,Black Lists, White Lists, PEPs, Corruption Indexes,Negative News Screening, Data Feeds (ApplicationProgramming Interfaces (APIs))). 
  • Transaction Filtering and Monitoring, AutomatedAnalytics, Internal Audit (Audit CommitteeParticipation, Subject Matter Knowledge, Escalations,New Business Committee).

Tue, 22 Oct04:00 PM - 05:00 PMFinal Review Session

Q&A session and final review

Wed, 23 Oct09:00 AM - 09:30 AMBreakfast and Networking Networking

Light breakfast and networking session

Wed, 23 Oct09:30 AM - 10:30 AMAML and CFT Case Studies - PART I Session

  • Practical Case Studies (Disguising Source of Funds;Money Service Businesses; Black Market PesoExchange; Hawala; ML with Derivatives; ML withSyndicated Loans). 
  • Basic and Complex Trade-Based Finance Methods(Over-Invoicing, Under-Invoicing, and MultipleInvoicing of Goods and Services; Over-Shipmentsand Under-Shipments of Goods and Services; FalselyDescribed Goods and Services) and Case Studies(Black Market Peso Exchange Arrangements; UnitedStates; India; China; Singapore). 
  • Country Case Studies; Case Studies (Australia);Case Studies (Argentina); Case Studies (Belgium);Case Studies (Bolivia); Case Studies (Canada); CaseStudies (Cayman Islands); Case Studies (China).

Wed, 23 Oct10:30 AM - 11:00 AMBreak and Networking Break

Networking break

Wed, 23 Oct11:00 AM - 12:00 PMAML and CFT Case Studies - PART II Session

  • A Review of AML, CFT, and Virtual Currencies(Convertible v. Non-Convertible Virtual Currencies;Centralised v. Non-Centralised Virtual Currencies) andCase Studies (Liberty Reserve; Silk Road; WesternExpress International). 
  • A Review of Global Enforcement Cases relating toML and TF (U.S. Bancorp; Rabobank; CommonwealthBank of Australia; ING; UBS). 
  • A Review of UK Enforcement Cases relating to ML andTF (Standard Bank PLC, Coutts, EFG, Turkish Bank(UK) Ltd, Guaranty Trust Bank (UK) Ltd, Habib BankAG Zurich, Deutsche Bank).

Wed, 23 Oct12:00 PM - 01:30 PMLunch and Networking Lunch

Light lunch and networking break

Wed, 23 Oct01:30 PM - 02:30 PMAML and CFT Operational Compliance Session

  • A Guide to Legal Professional Privilege (LPP) (LitigationAdvice Privilege; Legal Advice Privilege; LPP Exception;Abuse of Privilege). 
  • Disclosure of Suspicious Activity Reports (SARs) to theNational Crime Agency; A Review of SAR Reports; SARGuidelines, Best Practices, and Case Studies. 
  • AML Checks; KYC Checks; Client Suitability Checks; IDVerification; Politically Exposed Persons (PEPs), CloseAssociates, and Family Members; Sanctions Screening;Narrative Sanctions; Ultimate Beneficial Ownership (UBO) Discovery Process; Adverse Media Searches;Government Records; State Owned Entities and Stateinvested Enterprises; Global Sanctions Lists; HMRCFinancial Sanctions List; Office of Foreign Assets Control (OFAC); Best Practices.

Wed, 23 Oct02:30 PM - 03:00 PMBreak and Networking Break

Networking break

Wed, 23 Oct03:00 PM - 04:00 PMAML and CFT Technologies Session

  • A Review of the Latest AML and CFT ComplianceTechnology Features (Artificial Intelligence (AI) RiskDriven Databases (Companies, People); AML Real TimeFacial Recognition Identification). 
  • KYC, AML and CFT Case Study: ComplyAdvantage(Screening and Monitoring Technology; Data Feeds;Sanctions and Watchlist Screening; PEP Profiles; AdverseMedia; Customer Onboarding and Monitoring; PaymentScreening; Monitoring to Spot Suspicious Behaviour). 
  • KYC, AML and CFT Case Study: KYC Portal (ApplicationOverview; Embedded Facial Recognition; Custom RiskScoring; Embedded Face-To-Face Video Interviews;Granular Notifications; Real Time Transaction Monitoring;Customer Outreach Tool).

Wed, 23 Oct04:00 PM - 05:00 PMFinal Review Session

Q&A session and final review

Visitor Ticket Price Buy Now

3600 GBPDelegates Full programme 3-days attendance ticket
26.067000 50.558000

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