ANTI-MONEY LAUNDERING AND COUNTER FINANCING OF TERRORISM
HRD Corp Programme Number : 10001352670
INTRODUCTION
Anti-money laundering (AML) is the process of detecting and preventing the criminal proceeds of crime (e.g., drug trafficking, corruption, tax evasion) from being legitimized and re-integrated into the financial system.
Counter financing of terrorism (CFT) is the process of preventing and detecting the financing of terrorism and terrorist-related activities.
AML/CFT is essential to protect the integrity of the financial system and to prevent crime and terrorism. It is also a key component of national security and financial stability.
This half day “ANTI-MONEY LAUNDERING AND COUNTER FINANCING OF TERRORISM” course enable the participants to understand the basics of Anti-Money Laundering and Counter-Financing of Terrorism.
Training Date :
8th January 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
Note : Workshop timing will be from 9am to 1pm
LEARNING OUTCOMES
At the end of the workshop, participants will be able to understand the basics of Anti-Money Laundering
and Counter-Financing of Terrorism.
LEARNING OBJECTIVES
At the end of the program, the participants will be able to:
• Explain what is Money Laundering and Terrorism Financing.
• Describe the offences and its penalties.
• Outline Know Your Customer policy.
• Cite examples of Money Laundering activities and how to report them.
WHO SHOULD ATTEND
C-Suite.
Management.
Executives.
Compliance officers
Financial analysts
Risk managers
Law enforcement officers
Auditors
Accountants
Lawyers
Anyone who works in the financial sector or who is involved in the prevention of crime and terrorism
METHODOLODY
The Teach
PROGRAMME OUTLINE of ANTI-MONEY LAUNDERING AND COUNTER FINANCING OF TERRORISM
9.00am to 9.50am
Introduction
Module 1: ANTI-MONEY LAUNDERING
- What is Money-Laundering
- What is Terrorism and Proliferation Financing
9.50am to 10.30am
Module 2: THE ACTS
- Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2021
- Penalties one may face
10.30am to 10.45am
Morning Break
10.45am to 11.45am
Module 3: DUE DILIGENCE
- Customer Due Diligence (CDD)
- Enhanced Due Diligence (EDD) for Default High Risk, Beneficial Owner, PEP and Sanctions
11.45am to 1.00pm
Module 4: CONCLUSION
- Ongoing Due Diligence (ODD), Mule and IFS
- Red Flags & Reporting Requirements
- Questions and Answers
Download our Course Content in pdf format from HERE
FACILITATOR
Mr. Victor Cheong Chee Kian
ACMA, CGMA
PSMB Train-The-Trainer certificate no: TTT/5131
Victor Cheong Chee Kian is an Associate Member of the Chartered Institute of Management Accountants (CIMA) since 1992. He has involved with the CIMA Malaysian Division and was with the CIMA Student Development Committee since 1999. For the term 2009 / 2010, he was appointed to the 1st Vice Chairman of the said committee. He was also a CIMA Malaysian Division Council Member from 2007 till 2013.
Victor has about 19 years of Banking Experience in Operations, Credit and Marketing before he was moved to be a Learning Facilitator, having conducted numerous workshops in Banking Operations, Anti-Money Laundering, Banking Systems, Sales, Services and organisation-wide Development workshops for 14 years till his retirement in 2022.
Victor is a Certified Trainer from Pembangunan Sumber Manusia Berhad (PSMB) and also a chieved a certification in Chartered Institute of Personnel and Development (CIPD)
Prior to his involvement in the Banking Industry, Victor led a colourful life. He was serving in the Government as an officer with the Polis DiRaja Malaysia for 5 years. His stint with the Force involves Special Branch and Criminal Investigation Department with a number of notable cases under his belt.
As a Chartered Member of the CIMA Malaysia Toastmasters Club since 2003, he is actively involved in the club and has been the Club President for the term 2004/2005. Victor has held all the other posts in the club ever since. With his experience in communication and public speaking, Victor has emceed a number of events including those CIMA-organised functions. He even almost single-handedly planned and facilitated a fun-filled dinner event for CIMA.
Click Here to Download Victor Cheng Chee Kian Profile
Course Fees & Registration
FEE PAYABLE PER PARTICIPANT :
Normal Price : RM628
Early Bird (15 days before event) : RM568
Group Fee (>2 participants) : RM498
Fee includes course materials, lunch, morning tea breaks and Certificate of Attendance (upon completion of the workshop).
Download Registration Form from HERE and sent it to us by
Email : sales@wanfahprosper.com
WhatsApp : +60162634929
CANCELLATION / TRANSFER
Upon registering, participant(s) are considered successfully enrolled in the event. Written cancellations / transfer notice (substitution or to later dates) received :
- More than ten (10) working days before the event, a refund (less administrative charge of 15%) will be made.
- Ten (10) working days or less before the event, no refund will be made.
- For no show on the day of the event, full payment is required. If you cannot attend the event, you can nominate a substitute at any time without payment of an administration fee.
- A full (100%) refund may be granted if the course is cancelled by Wanfah Prosper PLT (WFP). WFP reserves the right to postpone or cancel the event and / or change facilitator at any time should circumstances beyond its control arises. WFP also reserve the right to make alternative arrangements without prior notice should it be necessary to do so.
Payment
Please make cheque payable / direct credit to :WANFAH PROSPER PLT
Accounts Number : 3812930508
Bank : Public Islamic Bank Berhad
DATA PROTECTION
Personal Data is gathered in accordance with the Personal Data Protection Act 2010 (Act 709)
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