VIRTUAL CURRENCIES, AML AND CFT: OPERATIONAL COMPLIANCE

The rise in Virtual Currencies (VC) around the world in the past decade has been astonishing, to say the least. But along with this rise in popularity and global reach, has come a tidal wave of complex operational challenges for banks, financial services firms, and VC exchanges.

In this highly comprehensive yet accessible training course, the training course expert trainer will guide attendees through all relevant issues relating to VC, money laundering, and terrorist financing. Attendees will be taken through how VC operate; the regulation of VC; VC Jurisdictional Approaches; and Adapting and Implementing internal Anti-Money Laundering (AML) and Counter-the-Financing (CFT) of Terrorism Risk-Based Approaches.

Attendees will develop a highly comprehensive understanding of the ML and TF risks that VC pose, as well as understanding how Crypto Assets are utilised across the Placement, Layering, and Integration stages of ML and TF.

Attendees will also be guided through global developments relevant to VC, ML, and TF, the development of Financial Action Task Force (FATF) VC standards and recommendations, and will also better understand what new AML/CFT technologies are available to implement effective AML and CFT operational compliance frameworks in this new high technology VC era.