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.

Download “ANTI-MONEY LAUNDERING AND COUNTER FINANCING OF TERRORISM” Brochure and Registration Form from HERE

Training Date :
9th January 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
9th April 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
23rd June 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
13th August 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
8th October 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

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 1^st 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