Who is it for?
The training is addressed to audience with no prior or basic knowledge about AML Newly hired employees to FCU.
What are the expected outcomes?
This training session is to introduce the AML related topics, provide a general overview of the subject and familiarize with AML control and compliance processes.
By the end of the session the participants should:
Understand the scale of money laundering issues and have an awareness of key Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) issues
Understand what the Laws and regulations that create AML obligations are and how they are similar internationally
Understand various methods of money laundering and areas/services that are especially useful to money launderers
Understand key AML areas, such as AML controls and compliance and what risk factors could be considered as part of a risk-based approach
Who delivers the programme?
The training is delivered by a designated group of the induction trainers, which were previously prepared to deliver particular training module.