Doha AML/CFT Workshop - International Standards, Regulations & Best Practices

1 September 2018

Bachir El Nakib, Senior Consultant, Compliance Alert (LLC)

Join us attending the coming AML/CFT workshop – International Standards, Regulations & Best Practices

BANKING & FINANCE

Anti-Money Laundering - Int'l Standards, Regulations & Best Practices

This 1 Day Workshop Will Train Participants In Understanding And Conducting An AML/CFT Risk Assessment That Is Functional And Useful To Develop Internal Controls

8am to 4pm, 8th October 2018

Venue: Copthorne Hotel, Doha – Qatar

Location: Doha, Qatar

Training Provider - Mr Bachir El Nakib, Compliance Alert

Certification - Serendib Training

Workshop Overview

The Workshop Is Designed To Offer Knowledge And Practical Processes To Develop The Risk Profile Of A Financial Institution. The Workshop Will Train Participants In Understanding And Conducting An AML/CFT Risk Assessment That Is Functional And Useful To Develop Internal Controls. Training Will Also Cover Identifying Risk Areas And Internal Processes That Could Contribute To Financial And Reputational Losses. The Workshop Is Presented In A Dynamic And Interactive Fashion, Requiring Group Contributions, Participant’s Dialogue, And Verbal Presentation. A Case Study Will Be Presented and participants will contribute in their Analysis And Delivery Of A Written Narrative Resolution.

Primary Objectives:

• Develop The Risk Profile Of A Financial Institution

• Analyze The Characteristics Of A Corporate Customer And Assign Its Risk Rating; And

• Identify Risks And Weaknesses So That Internal Controls Can Be Put Into Place To Prevent Systemic Failures That May Lead To Financial Or Reputational Losses

Why You Should Attend?

The course is presented in an interactive classroom environment that requires group participation. Each group will:

• Conduct An Institutional Risk Assessment To Establish The Risk Profile Of A Financial Institution,

• Determine The Risk Classification Of A Corporate Client, And

• Conduct A Real Case Study Requiring Dialogue, Analysis, And Verbal Presentation By The Participants.

Workshop Topics

• Money Laundering And Terrorist Financing Re-Defined: The Nature And Scale Of The Problem

• The Stages Of Money Laundering And Terror Financing

• How Financial Services Firms Could Become Vulnerable

• FATF Initiatives

• UN Sanctions

• Specific Issues To The Middle-East Region

• Regulatory Requirements Applicable To All Firms

• The Functions Of The Money Laundering Reporting Officer

• The Concept And Practice Of The “Risk-Based Approach”

• Customer Due Diligence: Know Your Customer And Customer Risk Assessment

• Verification Of Identity: Individuals And Corporates

• The Risks Associated With Politically Exposed Persons And Higher Risk Jurisdictions

• Ongoing Transaction Monitoring

• Identifying And Reporting Suspicious Activity

• Record Keeping

• Offences And Penalties

After Attending This Session, Attendees Will:

• Understand How Financial Services Firms May Be Used For Money Laundering And Terrorist Financing Activity And The Procedures That Must Be Carried Out To Prevent It

• Understand Their Obligations Under The Applicable Laws And Regulations And Know What They Must And Must Not Do To Comply With Them

• Understand The Functions Of The MLRO

• Know How To Carry Out Risk Based Customer Due Diligence

• Know How To Identify And Report Suspicious Activity

Who Should Attend?

• AML/CFT Compliance Personnel

• Audit Personnel

• Personnel Dedicated To Private Banking And Other Client Services

• Personnel In The Commercial Area: DNFBP

• Regulators/Supervisors Of Financial Institutions

• Banks, Broker Dealers, And Other Non-Bank Financial Institutions

REGISTRATION FOR THE WORKSHOP