Anti-Money Laundering Specialist in Abu Dhabi
Enhance your expertise in combating financial crimes with our Anti-Money Laundering (AML) Specialist Course in Abu Dhabi at Duke Training Centre. As financial regulations become increasingly stringent, our comprehensive program is designed to equip professionals with the knowledge and skills needed to detect and prevent money laundering activities. Led by industry experts, the course covers key AML principles, regulatory frameworks, and practical strategies for effective implementation. Duke Training Centre’s state-of-the-art facilities provide an optimal learning environment for participants to grasp the complexities of AML compliance.
Crash Course AML / ACAMS Training Course Outline
Duration of AML Training: 2 Days (Minimum 16 hrs)
Training Modules:
1. MONEY LAUNDERING / HAWALA INTRODUCTION
2. MONEY LAUNDERING – PROCESS & METHODS
- Global Phenomenon, Tainted Money or Dirty Money, Washing of “Dirty” Money
- Methods used for Money Laundering
- Money Laundering – Case Studies
- Role of Technology
- 3 Stages of Money Laundering
- Sources of Tainted Money
- Study on Hawala case
- Effects of Money Laundering
3. STUDY OF FAMOUS AML CASES
4. LEGISLATION & INTERNATIONAL COOPERATION
- Nokia Legislations against Money Laundering
- Voda Financial Action Task Force (FATF)
- Sharda Anti-Money Laundering Measures in India
- Mehta RBI Guidelines regarding AML
- Parikh Technology in AML Measures
5. KYC – KNOW YOUR CUSTOMER
- Money Laundering Avoidance Software
- Elements of Client Due Diligence
- Client Acceptance Policies
- Client Identification Procedures
- Identification of Beneficial Ownership
- Clients of Special Categories
- Risk Based Approach
- Periodic Review of KYC data
6. KYC – OPERATING GUIDELINES
7. REPORTING OBLIGATIONS
- Customer Profiling
- Cash Transaction Reporting (CTR)
- Opening Closure/ Monitoring of Accounts
- Counterfeit Currency Reporting (CCR)
- Suggested Safeguards
- Suspicious Transaction Report (STR)
- Credit Cards/Debit Cards/Smart Cards/Gift Cards
- Non-Profit Organization Transaction Reports (NTRs) ‘At Par’ Cheque Facility
8. RECORD KEEPING & RETENTION OF RECORDS
9. TRANSACTION MONITORING
- Transaction records
- Approach of Banks for Monitoring of Transactions
- Records of identification procedures
- Essentials of Transaction Monitoring process
- Authorized deposit-taking accounts
- Transaction Level Monitoring and ongoing due diligence
- AML/CTF programs
- Methods of Monitoring
- Correspondent banking
- Suspicious Transaction Monitoring and Reporting
- Remittance registration
- Name Screening
10. INVESTOR EDUCATION:
- PMLA Act & Anti Money Laundering Standards
- Client Due Diligence
- Client of special category
- Obligations of security market intermediaries under Prevention 0f Money Laundering Act, 2002
Features:
- Flexible Timings
- Affordable Fees
- Experienced, Certified, Qualified and Professional Instructor.
- Crash Course (2- Days also Available)
- ONLINE Classes also Available.
- LIMITED SEATS !
Benefits of CAMS Certification Course
- It provides the better understanding of the FRAUDS and Crime activities with an International Standard.
- Advice the Company from Money Laundering threats and minimizes Financial Crime Risks.
- Roles in Achieving Senior Positions with Attractive Salaries.
- Professional Role with an ever Increasing Level of Attention and Impact in the Business.
- Opportunities in Review Operations Analyze Information and make Decisions.
Why Choose Us for ACAMS Certification Course in Abu Dhabi, UAE?
Choosing Duke Training Centre for your ACAMS (Association of Certified Anti-Money Laundering Specialists) Certification Course in Abu Dhabi, UAE, is a decision rooted in the pursuit of excellence and a commitment to becoming a proficient expert in anti-money laundering practices. Our training program, led by industry-seasoned professionals, is meticulously designed to provide comprehensive insights into the intricacies of financial crime prevention. By enrolling with Duke Training Centre, you not only gain the knowledge required for ACAMS certification but also position yourself as a key player in maintaining the integrity of the financial sector.
