1111: International Conference on Anti-Money Laundering (AML) and Combating Terrorism Financing (CTF)

Importance of Anti-Money Laundering Training:
Banks and other financial institutions are heavily scrutinized by law enforcement and regulatory agencies to identify and report money-laundering activity. Criminals are driven to find more creative ways to move their illegal gains to a legitimate source as financial institutions have become more diligent in detecting money laundering activities. Criminals are now using many different types of businesses to launder their funds. Therefore, every organization is vulnerable and faces regulatory risk, if they do not have knowledge of the basic money laundering process. 

Aims of the Course:
By the end of this course participants will:
• Be able to explain the concept of money laundering and understand its impact on both the financial services sector and the economy.
• Be able to identify and explain the law concerning money laundering.
• Understand how the law, in relation to financial crime, impacts upon the work you carry out in terms of procedures and your responsibilities. 

Audience:
All Senior Management and operations staff of financial institutions and corporate bodies who need a working knowledge of AML/CTF and their prevention – and an awareness of the other relevant and current Financial Crime issues. Regulators, Law Enforcement Agencies and Legislators would also benefit immensely by their attendance. 

Format of the course: 
A combination of:
• Facilitated Discussions
• Slide Presentations
• Case Studies
• Examples 

Course Objectives:
By the end of this course, delegates will be able to:
• Explain how AML and CTF might be prevented
• Understand the major facets of AML and CTF as they apply to their companies and the national and international efforts being made to combat them
• Define the ways in which a company and its staff should protect themselves against the risks of Money Laundering and Terrorist Financing • Detail how a company might become a target for Money Laundering and Terrorist Financing: and explain which “red flags” might help them to identify, prevent and report any (suspicious or actual) criminal activity
• Determine your organisation’s AML/CFT obligation
• Help your organisation to manage and mitigate its money laundering and terrorist financing risk.
• AML/CFT exposures in line with risk based principles • Understand some of the other “hot spots” in Financial Crime 

Venue:
Olusegun Obasanjo Presidential Library, Abeokuta

Fee (+ VAT):
Participant from Nigeria - N120,000.00
Foreign participants         - $2,500.00