AML/CFT Compliance Independent Testing /Audit

With AML/CFT compliance standards developing all the time and regulatory sanctions getting more tougher, it is critical that financial institutions assess their AML/CFT program on a regular basis to ensure that it is in compliance with both statutory and regulatory requirements. This will guarantee that their financial institution’s are not unknowingly used as intermediaries for illegal activities and will make it more difficult for criminals to propagate money laundering and terrorism financing.

This training is designed to provide a hands-on approach to AML/CFT independent auditing and testing for internal auditors ,AML compliance officials , risk officers , operations officers of financial institutions.

The course will walk you through the process of AML independent auditing/testing, ensuring that you understand the fundamentals of conducting an independent AML compliance audit of a financial institution.

The course will walk you through an overview of AML/CFT compliance audit, the role of internal audit in AML/CFT, essential compliance program components, the AML/CFT audit methodology, and much more.

The course consists of brief videos, quizzes, and case study assignments. The exercises included with the course will guarantee that upon completion of this course, you will have gained the required abilities that can be immediately applied to an AML independent testing exercise of a financial institution.

Who this course is for:

• AML/CFT compliance officers
• Internal Auditors
• AML/CFT consultants