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Course Schedule
Classroom Sessions:
Date Venue
30-26 May 2025 Dubai
30-26 May 2025 Dubai
25-21 Jul 2025 London
25-21 Jul 2025 London
05-01 Sep 2025 Barcelona
05-01 Sep 2025 Barcelona
14-10 Nov 2025 Dubai
14-10 Nov 2025 Dubai
05-01 Dec 2025 Dubai
05-01 Dec 2025 Dubai
Introduction

INTRODUCTION

Demand for AML/CFT professionals is increasing daily due to increasing legal complexity. Moreover, the way financial transactions are done has fundamentally changed since the COVID-19 outbreak. Non-face-to-face transactions have increased and user convenience has increased, but so have virtual money laundering, online fraud, and concealment of actual beneficiaries. Additionally, businesses will have to adopt entirely new types of technology such as e-KYC, machine learning, and automated risk assessment. 

New innovations are rapidly being developed to increase efficiency in the areas of anti-money laundering and combating the financing of terrorism. At the same time, the organization lacks enough anti-money laundering experts to understand these challenges. Therefore, rest assured that the demand for anti-money laundering professionals will continue to grow.  This Anti Money Laundering Specialist (CAMS) Training Course will teach everything needed to know about the CAMS exam.

Objectives

Financial crime has been a hot topic in recent years, and compliance has been in the spotlight. CAMS is an established global qualification that outlines the key principles of money laundering and prevention. Individuals and teams can be certified as anti-money laundering specialists in as little as four months. CAMS guides you to:

  • Foster a top-down culture of compliance
  • Demonstrate commitment to a standardized, risk-based approach
  • Meet mandatory AML training requirements
  • Reward and retain top talent
  • Protect yourself more effectively from financial and reputational damage
  • Integrate into the international Anti Financial Crime mechanism

Training Methodology

This Anti Money Laundering Specialist (CAMS) Training Course is structured upon instructions on the latest developments in Anti Financial crime which is combined with real-world case studies, video adaptations, self-assessments, participatory discussions, and many exercises to make the training course a stimulating and enriching learning experience

Organisational Impact

Organizations will gain the following benefits:

  • High level of Anti Financial Crime competence acquired
  • Better perform a successful compliance
  • Centralize and automate risk assessments
  • Streamline anti-money laundering (AML)
  • Combating the finance of terrorism (CFT) across all business units and geographies

Personal Impact

By attending this Certified Anti Money Laundering Specialist (CAMS) Training Course, you will gain the skills that enable you to:

  • Show researchers that your institution has expertise in AML
  • Help reduce business risk
  • Improve employee skills
  • Protect yourself more effectively from financial and reputational damage
  • Understand the CAMS Exam process

WHO SHOULD ATTEND?

This Certified Anti Money Laundering Specialist (CAMS) Training Course will greatly benefit:

  • Anti-Money Laundering Officers
  • Money Laundering Reporting Officer - MLRO
  • Compliance Officer/Manager
  • AML Compliance Staff Members
  • Compliance Analyst
  • Auditors
  • Audit Managers
  • Risk Managers
  • Quality Assurance Managers
  • Cyber Security Officers

Objectives

Training Methodology

Organisational Impact

Personal Impact

Who Should Attend?

Course Outline

Day 1

Risks and Methods of Money Laundering and Terrorist Financing

  • What is money laundering?
  • The money laundering cycle
  • Economic and social consequences of money laundering
  • Methods of money laundering
  • Non-financial businesses & professions
  • Trade-based money laundering
  • Informal value transfer systems
  • New payment methods & corporate vehicles
  • Terrorist financing & money laundering

Day 2

International AML Standards

  • Financial action task force
  • 40 recommendations
  • Regional FATF style bodies
  • The Basel committee
  • Customer due diligence for banks
  • Consolidated KYC risk management
  • The Wolfsberg group

Day 3

International AML Standards

  • Wolfsberg AML principles on private banking
  • Wolfsberg AML principles for correspondent banking
  • Egmont group
  • 3rd & 4th EU directives
  • Key US PATRIOT act sections
  • OFAC

Day 4

AML/CFT Compliance Programs

  • Wolfsberg AML principles on private banking
  • Wolfsberg AML principles for correspondent banking
  • Egmont group
  • 3rd & 4th EU directives
  • Key US PATRIOT act sections
  • OFAC

Day 5

Conducting and Supporting Investigations

  • AML/CFT program objectives
  • A risk-based approach
  • Customer
  • Products and services
  • Geography
  • The basic elements of an AML/CFT compliance program
  • Compliance culture
  • CDD & beneficial ownership
  • Transaction monitoring and reporting
الشهادات المُعتمَدة
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
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Akaz Capital
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