WORKSHOPS

To conduct proper anti money laundering, efficient due diligence should be in place in line with the risk based approach mechanism This course helps guides and sets practical tools to set an efficient due diligence. 

With the ever-changing evolutionary digital era, cybercrimes are increasingly becoming more of creativity. This workshop outlines the types of cybercrimes, how it occurs, practical implications, how to detect and mitigate at a proactive scale and how to deal with the crimes.

This workshop is suitable for all financial sector, institutions, authorities, public & private sector.

Certificate of participation issued by the UASA & SCA Professional Training & Examinations Centre.

15:00 - 16:20 Session 1

16:20 - 16:30 Break

16:30 - 17:50 Session 2

17:50 - 18:00 Break

18:00 - 19:00 Session 3

• Money Laundering as part of wider financial crimes world (terrorist Financing- bribery – fraud – crypto – market manipulation- Human trafficking – modern slavery cybercrime and many more

• The Money Laundering crime, regulatory overview, reasons, means and its practical techniques

• Local & International Regulations

• Financial Action Task Force (FAT) recommendations & recent initiatives 

• Emerging types of Money Laundering (including the virtual assets world)

• How to mitigate money Laundering, detect red flags and report?

• EU Directives

• OFAC

• UN

• Local Legal and Regulatory Requirements

• Customer Due Diligence

• Third parties & suppliers Risk & Due diligence 

• Sanctions / High Risk dealings & PEPs

• Types of Sanctions 

• How to adhere to Sanctions’ requirements

• Sanctions’ LISTS & implementations 

• Due diligence & enforcement

• Real examples of SANCTIONS in the region 

• Compliance measures & recommendations 

• Types of PEPs & PEPs Due diligence process 

• Ongoing monitoring 

• Detecting & reporting ( Red flag detections) 

• Tipping off