Cybercrime Investigative Series
Anti-Money Laundering (AML), Know Your Customer (KYC) & Combating the Financing of Terrorism (CFT) Essentials: Building an Effective Compliance Framework
An effective AML, KYC, and CFT framework is essential for safeguarding organizations against financial crime, terrorist financing, regulatory sanctions, and reputational harm. This 3-hour interactive session combines a structured PowerPoint presentation with practical group exercises to provide participants with a clear understanding of regulatory expectations and real-world application. The session will focus on the core principles of AML, KYC, and CFT, including customer due diligence, risk assessment, transaction monitoring, and reporting obligations. Through case studies and collaborative exercises, participants will explore common challenges, red flags, and best practices for implementing a risk-based compliance and awareness program.
At the end of this presentation, you will be able to
- Explain the key concepts and regulatory objectives of AML, KYC, and CFT and how they work together to prevent financial crime.
- Identify money laundering and terrorist financing red flags using customer, transaction, and geographic risk indicators.
- Apply customer due diligence (CDD) and enhanced due diligence (EDD) measures using a risk-based approach.
- Understand the essential components of an AML/KYC/CFT compliance program, including governance, controls, monitoring, and reporting.
- Analyze practical case studies and group exercises to assess risks and determine appropriate compliance actions.
- Recommend practical steps to strengthen AML, KYC, and CFT awareness and implementation within their organization.
Whether you are a compliance officer, AML/KYC professional, risk manager, auditor, or senior leader, this workshop will strengthen your ability to apply AML, KYC, and CFT requirements effectively within your organization.
Nicholas Ramsey
