IATA Certified Courses
Anti-Money Laundering
- Corporate Training
- 60 (Registered)
Course Description:
This course is designed to equip participants with a comprehensive understanding of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) principles and practices. Participants will explore the regulatory framework, international standards, and best practices in combating financial crimes. The course will delve into the intricacies of money laundering, detection techniques, and strategies for effective AML compliance.
Course Objectives:
- Understanding Money Laundering and Terrorist Financing
- Legal and Regulatory Framework
- Risk Assessment and Due Diligence
- Transaction Monitoring and Suspicious Activity Reporting
- AML Compliance Programs
A. The Board & Executive Management
- Money Laundering in the Insurance Industry
- Money Laundering in Insurance Vulnerabilitiesin the Insurance sector
- Examples of how money can be laundered in the insurance industry
- Role of the Board and Executive Team
- Role pf the Middle Management, and MLRO Compliance Officer and Legal Counsel
- Obligations under Qatar AML Law # 20 (2019) & QCB Regulations Law Enforcement Warrant/Enforcement
- Red Flags, Tipping Off Obligations
- Red Flags: Proliferation of Weapons Mass Destruction I
- QCB Red Flags Terrorism Proliferation Financing
- QCB Guide to Payment Services Providers (Sept 2021)
- Record Keeping
- Reporting Suspicious Activity Monitoring, identifying suspicious activities
- iSTR reporting obligation Red Flags
- Obligation Reporting STR to QFIU I
- Non Reporting Penalties
- Data Integrity & Quality
B. Middle Management
- Money Laundering
- What is Money Laundering
- Am I a Money Launderer?
- The stages of Money Laundering
- Methods of Money Laundering KYC, CDD, EDD, Identification of Ultimate Beneficial Owner categories
- Vital Elements of OFAC sanctions 50 Percent Rule
- Vital Elements of Risk-Based
- Sanctions, what does it mean,
- OFAC Compliance Program (KYC, CDD, EDD)
- Importance of Data Integrity for compliance
Course Content
Curriculum is empty
Instructor
Inspire Management Training Centre is one of the premier professional training institutes in Qatar, India, Nepal, UAE, Spain, Rwanda and opening its doors soon in Pakistan and Sri Lanka. INSPIRE Management Training Centre is your training partner for Management, Hospitality, Aviation, HSE, Security, Soft Skills, IELTS and APTIS preparation, Corporate trainings, Travel & Tourism, Cyber Security, Maritime, Business and Life Coach, Cargo & Logistics ,IT and MS office and Retail Management.