The string of Money Laundering cases showcased in the media throughout 2018 including Danske Bank, Deutsche Bank, Pilatus Bank, Commonwealth Bank of Australia, and ABLV Bank Latvia have cogently demonstrated the huge inadequacies in pre-existing Know Your Client (KYC), Anti- Money Laundering (AML) and Counter-the-Financing of Terrorism (CFT) compliance frameworks.

Moreover, reports in the United Kingdom (UK) have identified key areas of concern, such as law firms and trust and corporate service providers as being high risk for exposure to money laundering. In addition, reports by the Financial Conduct Authority (FCA) have identified areas of weakness.

The Advanced AML/CFT Practitioner training course has been designed to provide one of the most comprehensive and advanced learning experiences covering AML and CFT frameworks available on the market today. It features some of the very best and most advanced training materials covering legal, operational, technological, and strategic AML/CFT global perspectives.

It draws upon a broad array of legislative requirements, international Financial Action Task Force (FATF) guidance, national guidance materials from the UK FCA and HM Treasury, as well as a broad range of practical and legal case studies that exemplify practical AML and CFT techniques and strategies in use today.

It covers inter alia the following:

• global AML/CFT trends and challenges;

• the Nominated Officer (NO) role and responsibilities;

• the Fourth and Fifth AML EU Directive frameworks;

• AML/CFT legal frameworks;

• AML typologies;

• concealment of beneficial ownership;

• AML/CFT risk assessments;

• advanced AML/CFT risk assessment methodologies and monitoring;

• AML/CFT case studies;

• AML/CFT operational compliance; and

• a review of AML/CFT technologies.