financial services institute
About the Course
This course provides refresher training on money laundering, terrorist financing and proliferation financing and sanctions risks relating to banks and other depository institutions in the Cayman Islands and how best to manage those risks.
It covers the key findings of the National Risk Assessment (NRA) as it relates specifically to banks and other deposit taking institutions and addresses how to apply the risk based approach (RBA) in the banking sector.
Participants will also be introduced to the key types of banking services and due diligence requirements for clients, as well as learn about the various AML/CFT Red Flags specific to the banks and other deposit taking institutions.
What’s on the agenda?
| Description |
|---|
| Overview |
| Global Standards |
| AML/CFT/PF Refresher |
| Sanctions |
| National Risk Assessment for the Banking & other deposit-taking institutions |
| Overview of Banking Services |
| Risk Based Approach |
| Customer Due Diligence |
| When to use the various approaches to CDD |
| AML/CFT ‘Red Flags’ for the Banking sector |
| Online multiple choice test |
Pre-register for the course now
Complete the form to pre-register for the next available course.
