Start a conversation ↗

Description

Anti-Money Laundering and Counter-Terrorist Financing: Detect, Trace and Report

Apply customer due diligence obligations and know how to establish suspicion before filing a report

  • 2 days — 14 h
  • In-person or virtual
  • Foundation
  • Up to 6 participants

Anti-money laundering frameworks rely on front-line staff who must assess situations without certainty. In practice alerts pile up, know-your-customer files remain incomplete, and the decision to report or not is often taken without enough traceability to withstand a regulatory inspection.

Two days to embed a working method: understand money laundering schemes, build and apply a risk classification, gather the right information on the customer and the transaction, then document an enhanced review and produce a defensible suspicious transaction report. The work is based on alert situations close to daily practice.

Learning objectives

  • Describe the mechanisms of money laundering and terrorist financing
  • Apply your institution's risk classification when onboarding a customer
  • Collect and update know-your-customer and beneficial ownership information
  • Adjust the level of due diligence to the customer and transaction profile
  • Conduct an enhanced review and record its conclusions
  • Draft a usable suspicious transaction report and maintain confidentiality

What makes this programme different

The alerts handled come from everyday banking situations rather than dramatic scenarios
Each participant drafts a complete suspicious transaction report which is then reviewed as a group
Traceability requirements are addressed from the perspective of what an inspector will come to verify

Programme

1Mechanisms and Regulatory Framework

Recognising schemes before running controls

  • Stages of money laundering and the channels used
  • Differences between money laundering and terrorist financing
  • Typologies observed in banking activities
  • Supervisory authorities and the financial intelligence unit
  • Responsibilities of the institution and of its staff

2Risk Classification and Know Your Customer

Matching effort to the level of risk

  • Building and updating the risk classification
  • Customer identification and identity verification
  • Determining the beneficial owner of a legal entity
  • Source of funds and consistency with the declared profile
  • Politically exposed persons and non-face-to-face onboarding

3Transaction Monitoring and Due Diligence

Monitoring the relationship over time

  • Simplified, standard and enhanced due diligence
  • Criteria triggering an enhanced review
  • Handling alerts generated by monitoring systems
  • Asset freezing and applicable targeted financial sanctions
  • Documenting the due diligence performed

4Suspicious Transaction Reporting and Internal Framework

Formalising and tracing the decision

  • Establishing suspicion and the evidence to assemble
  • Drafting the report and the internal escalation route
  • Role of the reporting officer and the compliance officer
  • Confidentiality and the prohibition on tipping off the customer
  • Record retention and preparing for an inspection

Who is it for

Relationship managers, back-office officers, internal controllers and compliance officers in financial institutions.

Prerequisites

Familiarity with the transactions and products offered by your institution.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.