Program aim


The AML/CFT Risk Assessment Certificate and 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 course is presented in a dynamic and interactive fashion, requiring group contributions, participant’s dialogue, and verbal presentation. A case study will be presented as part of the course and participants will contribute in their analysis and delivery of a written narrative resolution. 

Primary Objectives:

Deliver practical knowledge designed to:

 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


The course is presented in an interactive classroom environment that requires group participation. As a workshop, 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.

Who Should Attend?

- AML/CFT Compliance personnel 

- Audit personnel

- Personnel dedicated to private banking and other client services 

- Personnel in the commercial area

- Regulators/supervisors of financial institutions

- Banks, broker dealers, and other non-bank financial institutions


Course Details


  • Money laundering and terrorist financing defined: the nature and scale of the problem
  • The stages of money laundering and CTF and where financial services firms could be vulnerable
  • FATF initiatives, UN Sanctions
  • Specific issues to the region
  • Regulatory Requirements applicable to all firms
  • The functions of the Money Laundering Reporting Officer
  • The concept and practise 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 and customer due diligence
  • 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


Delivery Methods

Bring In-House

If you have a number of people who require training, you might find it more economical to have the training at your offices. Our trainers are armed with all the equipment and materials necessary.

All you need to do is supply the room. In addition in-house courses can be tailored to meet the precise needs of your business. Tis could mean tailoring a course for a business unit; combining elements of different elements of different courses to match your exact specifications; or producing a course from scratch.


Please contact us at and we'll get in touch to discuss your requirements in detail.

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