Module #1 Introduction to International Financial Compliance Overview of the importance of financial compliance, key regulations, and frameworks
Module #2 Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Regulations Understanding the fundamentals of AML/CFT and their impact on financial institutions
Module #3 Know-Your-Customer (KYC) and Customer Due Diligence (CDD) Requirements Best practices for identifying and verifying customers, and conducting ongoing monitoring
Module #4 Sanctions and Embargoes:Understanding the Risks and Consequences Compliance with international sanctions and embargoes, and the risks of non-compliance
Module #5 The Financial Action Task Force (FATF) and its Recommendations Understanding the FATFs role in setting global AML/CFT standards and its 40 Recommendations
Module #6 International Standards for Financial Institutions:Basel Accords and IFRS Overview of the Basel Accords and International Financial Reporting Standards (IFRS)
Module #7 Risk-Based Approaches to AML/CFT Compliance Implementing effective risk assessments and risk-based approaches to compliance
Module #8 Customer Risk Profiling and Ongoing Monitoring Developing and implementing effective customer risk profiles and ongoing monitoring processes
Module #9 Suspicious Activity Reporting and Transaction Monitoring Best practices for identifying and reporting suspicious activity, and implementing effective transaction monitoring systems
Module #10 Compliance Program Management and Governance Effective management and governance of compliance programs, including policies, procedures, and training
Module #11 Third-Party Risk Management and Due Diligence Managing risks associated with third-party relationships, including vendors, agents, and correspondent banks
Module #12 Information Sharing and Collaboration in AML/CFT Compliance The importance of information sharing and collaboration between financial institutions and with law enforcement agencies
Module #13 Cross-Border Banking and Correspondent Banking Compliance challenges and best practices for cross-border banking and correspondent banking relationships
Module #14 Virtual Currencies and Digital Assets:Compliance and Regulatory Considerations Understanding the compliance and regulatory risks associated with virtual currencies and digital assets
Module #15 Regulatory Expectations and Enforcement Actions Understanding regulatory expectations and the consequences of non-compliance, including enforcement actions and penalties
Module #16 Compliance and the Role of the Compliance Officer The role and responsibilities of the compliance officer in implementing and maintaining an effective compliance program
Module #17 Training and Awareness:Building a Culture of Compliance The importance of training and awareness in building a culture of compliance within financial institutions
Module #18 AML/CFT Compliance in Specific Industries Compliance challenges and best practices in specific industries, such as casinos, real estate, and diamonds
Module #19 Compliance with International Tax Regulations and Standards Understanding and complying with international tax regulations, including the Common Reporting Standard (CRS) and FATCA
Module #20 Information Security and Data Protection in Compliance The importance of information security and data protection in maintaining an effective compliance program
Module #21 Compliance in Emerging Markets and Developing Countries Unique compliance challenges and best practices in emerging markets and developing countries
Module #22 Whistleblower Protection and Internal Reporting The importance of whistleblower protection and internal reporting in promoting a culture of compliance
Module #23 Compliance Audits and Risk Assessments Conducting effective compliance audits and risk assessments to identify and mitigate compliance risks
Module #24 AML/CFT Compliance in the Digital Age:New Technologies and Challenges The impact of new technologies, such as artificial intelligence and blockchain, on AML/CFT compliance
Module #25 Course Wrap-Up & Conclusion Planning next steps in International Financial Compliance Standards career
