NEW Course | Train the Trainer

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NEW Course | Train the Trainer

Delivering World-class face-to-face AML and CFT training

London

1st - 3rd October 2019

71 Pall Mall London
SW1Y 5HD

Day 1 (Full day)

Introduction and ice-breakers
TRAINING STAFF ON FUNDAMENTAL CONCEPTS
9:15am – 12:30pm

Delegates experience and practice the creative use of training resources and methodologies such as public information and statistics, analogies and comparisons, physical demonstrations, quizzes and videos to deliver training sessions covering

  • Reasons why money is laundered
  • Objectives of money launderers
  • Differences and connections between Money Laundering and Terrorist Financing
  • Stages of the laundering and financing processes
  • The risk based approach – key principles
  • Vulnerabilities of different types of financial institution and commercial entities
  • Vulnerabilities of different types of financial products and services
  • Importance of Know Your Customer (KYC) and Customer Due Diligence (CDD)

TRAINING SENIOR MANAGMENT
2:45pm – 3:45pm

Delegates consider the special considerations which apply when designing and delivering AML and CFT training for boards and senior management teams, and then experience and discuss a model session

  • The nature of senior management responsibility
  • Reputational risk – corporate and personal
  • AML & CFT – ‘Big Picture’ round-up
  • Legal duties and responsibilities
  • Corporate and personal criminality
  • Financial crime leadership – what it looks like

TRAINING STAFF ON INTERNATIONAL AML & CFT STANDARDS  1.30pm – 2:45pm

These  are, to most people, uninteresting and ‘dry’  topics, yet they are important for some staff to be aware of. In this session, delegates experience tools and techniques for enlivening a challenging topic

  • FATF 40 Recommendations and EU Directives
  • Requirements for financial institutions and Non-Financial Businesses & Partnerships
  • Requirements for governments
  • International cooperation
  • ‘Extra-territoriality’ – definition and effects
  • The Foreign Account Tax Compliance Act (FATCA)

CONTENT DEVELOPMENT: SESSION 1  4.00pm – 5.00pm

Developing effective and engaging AML and CFT training content needn’t cost the earth. Delegates spend time with the facilitator agreeing on and planning the production of a short audio- visual case study, which will be completed during the programme. Session 1 deals with selection, planning and scripting.

 

Day 2 (Full day)

TRAINING STAFF ON CUSTOMER DUE DILIGENCE AND ONBOARDING
9.00am – 12.30pm

Customer Due Diligence (CDD) is a historically weak discipline for many financial institutions. In these sessions, delegates learn how to teach staff the principles and skills of high quality onboarding, using a variety of written, audio and video case studies and exercises.

  • Why ‘do’ CDD? – analogies and comparisons
  • CDD and the risk-based approach
  • CDD skills – personal behaviour
  • CDD skills – obtaining public information
  • Common problems – Ultimate Beneficial Ownership
  • Common problems – ‘Source of Wealth’
  • Common problems – PEPs
  • Common problems – establishing ‘account purpose’ and client’s ‘true nature’
  • Common problems – distributed ledger providers and crypto-currency businesses
  • CDD ‘Horror Show’ – some examples
  • The REAL benefits of better on-boarding

CONTENT DEVELOPMENT: SESSION 2 4.00pm – 5.00pm

Delegates continue with the development of  their audio-visual case study. Session 2 involves video recording the main case study protagonist.

TRAINING STAFF ON ‘RED FLAGS’ AND SUSPICION RECOGNITION AND REPORTING
1.30pm – 3:45pm

‘Black-box’ SAR operations alone won’t cut it with many regulators; they expect staff to know what ‘suspicious’ looks like. In these sessions, delegates experience and  work with a variety of tools and resources to help train staff on recognizing and reporting suspicious activity.

  • Retail banking - deposit/liability schemes
  • Retail banking – loan/asset schemes
  • Corporate and investment banking
  • Treasury cases
  • Trade Finance examples
  • Crypto-currency cases
  • Financial institutions and correspondent banking cases
  • Private banking and dealing with ‘High Net Worth Individuals’

‘Our Lessons Learned train-the-trainer sessions have really improved the quality of our AML training. Staff feedback has been amazing’

Latha Venkataraman,
Compliance Training Manager, Emirates NBD Bank

‘The training made us alive in class because there were a lot of activities’

– Staff member and trainee, major global bank

Day 3 (Half day)


TRAINING STAFF ON SUSPICION RECOGNITION (contd) 9.00am – 10.30am

Delegates continue learning the use of more suspicion recognition and ‘red flag’ training tools.

  • Asset management
  • Insurance related schemes
  • Wire transfer cases
  • Terrorist financing and proliferation cases.

USING YOUR NEW RESOURCES TO CONSTRUCT POWERFUL, ENGAGING TRAINING PROGRAMMES  10.45am – 12.00 noon

Delegates learn how to use their Delivering World Class Face-to-Face AML Training course resource pack to construct combinations of content for different audiences and event types.

  • The resource pack explained
  • Examples of content combinations – full-day, half-day and two-hour workshops, plus short ‘hits’ for team meetings/lunchtime briefings
  • Outreach activities
  • Preview ‘Premiere’ of completed class audio-visual case study.

WRAP-UP & CERTIFICATION
12.00 noon – 12.30pm

‘Great job today with Compliance Training; the material and video presentations were excellent, meaningful and informative. I enjoyed the whole presentation.’

– Staff member to Compliance Officer

3 Day intensive course

£1,995 + VAT per delegate

Cost includes: Lunch and Morning/Afternoon refreshments. Cost does not include: Delegates accommodation or travel costs.

Terms & conditions

*By registering for this event you agree to be contacted by Lessons Learned regarding this event and other future events, your information will NOT be passed to any other company. However should you not wish to opt out in line with GDPR please email LP@lessonslearned.co.uk

We reserve the right to amend change or alter the event & registration for this event is subject to Lessons Learned T&C’s a full copy which is available upon request.

 

Once payment has been made it is non-refundable but could be transferred through another Lessons Learned training session or service.

Payment is made via Event Brite and fees for this will be paid by the organiser Lessons Learned.

If you have any further questions regarding this or any other matter please do not hesitate in emailing LP@lessonslearned.co.uk

NEW Course | Train the Trainer

Delivering World-class face-to-face AML and CFT training