Convenient and Effective
AML/CFT General Awareness – Banking (Bhutan)
On-demand AML/CFT training courses customised by country and financial services sector
Fintelekt’s AML/CFT General Awareness Training & Certification Course (Banking Bhutan) is a module designed to help employees of financial institutions in Bhutan to gain the required knowledge about Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) from an educational, regulatory and ethical perspective.
Training Information
Objectives
- Gain an understanding of Anti-Money Laundering, Know Your Customer and Countering the Financing of Terrorism.
- Be aware of the various indicators of suspicious transactions or ‘red flags’
- Understand the appropriate actions to be taken
Level: Beginner-Intermediate
Inclusions: Assessment, Completion Certificate
Course Content
Module 1: Background and Key Concepts
- Why is AML and CFT important?
- Elements of a Robust AML/CFT Framework
Module 2: Regulatory Framework
- Financial Action Task Force
- AML/CFT Framework in Bhutan
- Reporting and Record Keeping
- Predicate Offences
- FATCA and CRS
- Sanctions and Screening
- Penalties for KYC/AML/CFT Violations
Module 3: Money Laundering, Terrorist Financing and Related Terms
- Defining Money Laundering and Terrorist Financing
- Various Methods of Money Laundering
Module 4: Customer Acceptance
- Key Elements of a KYC Policy
- New Customer Acceptance
Module 5: Customer and Transaction Monitoring
- Customer Due Diligence
- Name Screening
- Transaction Monitoring
- Suspicious transactions
Module 6: Identifying Potentially Suspicious Behaviour
- Identifying and Reporting Suspicious Behaviour
- Red Flags Related to Customers
- Transaction-Related Red Flags
- Account-Related Red Flags
More Information
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