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.

Course details

Date: TBC

Time: 9am – 11am


Cost: US$300

What’s on the agenda?

Global Standards
AML/CFT/PF Refresher
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.

By pre-registering you are allowing FSI to record your interest and contact you with details of the date and time the next available course(s) will be delivered.

Get your career started in
the financial services industry, today!