AML-CFT Open Forum


A series of four highly focused workshops which make up the AML -CFT Forum which aims to give a complete overview to Anti Money Laundering and Combating the Financing of Terrorism.


These workshops should be attended by employees who are currently involved in customer due diligence and also by staff forming part of a Compliance department.


Each Workshop will not exceed a maximum of two hours. At the end of each workshop there will be a short test and the corrected test papers will be provided to the participants for their records. A certificate of attendance will also be given for each workshop & the course is valid for 8 CPE Core hours.


Session 1: Introduction to AML

  • What is Money Laundering

  • What do we mean by Financing of Terrorism

  • Legislative Framework

  • The powers and role of the FIAU


Session 2: Risk Based Approach

  • Defining a risk based approach

  • Risk Management

  • Developing a customer acceptance policy


Session 3: Customer Due Diligence

  • Individual customers

  • Non individual customers

  • Simplified due diligence

  • Enhanced due diligence


Session 4: Reporting & Record Keeping

  • What is a suspicious transaction

  • Internal Reporting

  • External Reporting

  • The role of the MLRO



Speaker: Victor Rizzo

Course Duration: 8 Hours

Certificate: Attendance Certificate & 8 Core CPE Hours Certificate