AML102.F – AML Risk Management for Investment Funds and Fund Administrators

This course provides refresher training on money laundering, terrorist financing and proliferation financing and sanctions risks relating to Investment Funds and Fund Administrators 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 Investment Funds and Fund Administrators and addresses how to apply the risk based approach (RBA) in the sector. Participants will also be introduced to the commonly used vehicles for establishing Investment Funds and due diligence requirements for clients, as well as learn about the various AML/CFT Red Flags specific to the Investment Funds and Fund Administrators.