Start a conversation ↗

Description

Anti-Money Laundering and Counter-Terrorist Financing: Identify, Verify, Report

Applying AML/CFT obligations day to day without turning every client file into an investigation

  • 0.43 days — 3 h
  • In-person or virtual
  • Foundation
  • Up to 6 participants

Anti-money laundering and counter-terrorist financing obligations apply to every employee in contact with clients. In practice, due diligence is often reduced to a few boxes ticked at onboarding, after which nothing is reviewed again. Unusual transactions then go unnoticed and incomplete files surface during control reviews.

This short format covers the obligations in the order in which they arise for the employee. It sets out what must be verified at onboarding, what triggers enhanced due diligence and how to escalate a suspicion through the internal reporting channel.

Learning objectives

  • Identify transactions and client profiles that expose the institution to money laundering risk
  • Carry out client identification and know-your-customer due diligence
  • Adjust the level of due diligence to the risk profile of the client and the transaction
  • Detect an unusual transaction in the light of what is known about the client
  • Document and escalate a suspicion through the internal reporting channel

What makes this programme different

Obligations are presented in the chronological order of the client journey
Cases cover both individual clients and corporate entities
The line between an unusual transaction and a suspicious one is worked through on concrete examples

Programme

1Understanding the AML/CFT Framework

Why the institution is on the front line

  • Money laundering and terrorist financing mechanisms
  • Role of the control chain and of the financial intelligence unit
  • General obligations applying to reporting institutions
  • Consequences of a breach for the institution and for the employee

2Knowing and Classifying Your Client

Due diligence proportionate to risk

  • Client identification and identification of the ultimate beneficial owner
  • Collecting and updating information on activity and source of funds
  • Risk classification and situations calling for enhanced due diligence
  • Handling politically exposed persons and cross-border relationships
  • Keeping the file updated throughout the business relationship

3Detecting and Reporting

From doubt to internal escalation

  • Spotting unusual transactions against the known client profile
  • Enhanced examination and questions to put to the client
  • Drafting a well-argued internal escalation report
  • Reporting channel, confidentiality and the prohibition on tipping off the client

Who is it for

Client-facing staff in banking and insurance institutions as well as back-office officers, control staff and AML/CFT compliance correspondents.

Prerequisites

No prerequisites

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.