The workshop would include in-depth presentation on:

1)Application of local and international AML laws, regulations and rules

FATF: – 40 + 9 recommendations

UAE: Federal Laws no 4 of 2002 and no 1 of 2004

DFSA: Ancillary Service Providers Module of the DFSA Rulebook

DIFC: Non Financial Anti Money Laundering / Anti Terrorist Financing Regulations

2)Criminalization of Money Laundering and Terrorism Financing

Definitions of Money Laundering and Terrorism Financing

Stages of Money Laundering

Sanctions for Money Laundering

3)Prevention of Money Laundering and Terrorism Financing

Customer identification requirements (KYC)

Customer due diligence – transaction monitoring –risk based approach

Suspicious transaction reporting – co-operation with authorities and regulators

4)Organizational requirements

Anti Money Laundering Officer (AMLO)

AML policies, procedures, systems and controls

AML training and awareness of employees

Periodical AML reporting

5)Discussions on Money Laundering cases worldwide

Our Program Director has a strong international experience and will bring in his expertise and ensure enhanced learning through relevant case studies, practical exercises and open discussions.

The Workshop will be highly interactive in nature because we truly support deeper learning with high levels of interaction and involvement. All participants will be encouraged to “Think Out of the Box” on developing solutions and plans to facilitate the AML function within their respective organizations.

For more details: Please call on +971 4 323 0444 or email me on renuka@ts.eu