Money Laundering, Terrorist Financing and Regulatory Requirements Course

Money Laundering, Terrorist Financing and Regulatory Requirements Course


Banking Courses




    The importance of training courses is not only limited to professional life, as most of us think but training courses aim to transfer knowledge and practical experiences that enrich the skills of individuals and enhance their self-confidence, which contributes to the preparation of cadres which in turn contributes to the development and progress of institutions. Therefore, Strategic Vision Training Center aims to enhance the skills and experiences of individuals through the strongest training programs to keep pace with every development in the labor market.


  • This training course aims to enable its participants to realize the expected risks resulting from non-application of compliance procedures by compliance units in banks and financial institutions, by highlighting the international standards recommended by the competent bodies in this field, and approved by regulatory and legislative institutions in the world. .
  • It also aims to familiarize the participants with the strategic objectives of the bank and how to harmonize them with the regulatory requirements of all kinds, in a way that serves the safety of the bank on the one hand, and enhances its competitive position on the other.
  • In addition, participants will be provided with modern, globally approved methods and procedures for combating money laundering and terrorist financing, which contribute to strengthening the bank's internal control, as well as reducing procedures that do not conform to legal systems and functional standards, which in turn exacerbate the risks of non-compliance.

Who should attend?

  • Heads of anti-money laundering and terrorist financing units in banks and their main assistants
  • Managers and employees of the compliance department in banks and their main assistants
  • Managers and staff of audit and risk management and their main assistants
  • Managers, credit officers and their principal assistants
  • The directors of internal audit and their main assistants
  • Branch managers and their main assistants

Course content:

  • Compliance function in accordance with Basel papers and FATF standards
  • Papers issued by the Basel Committee regarding the compliance function.
  • Compliance function in its comprehensive sense.
  • The importance of the compliance function.
  • The basic components of the commitment function
  • Providing the necessary resources.
  • Guarantee of independence.
  • Grant the appropriate powers.
  • Availability of the necessary qualifications.
  • Providing confidentiality systems.
  • The role of the compliance function in implementing governance.
  • The relationship of the compliance function with other functions of the bank.
  • Compliance function according to FATF recommendations.

Regulatory requirements in the field of combating money laundering and terrorist financing and their implications for the role of the compliance function

  • The most important requirements in accordance with the recommendations of the Financial Action Task Force (FATF) and their recent amendments.
  • Money laundering and terrorist financing risks.
  • Risk assessment.
  • Risk Management.
  • Establishing customer due diligence systems.
  • Recognizing clients and verifying their identity.
  • Update customer data.
  • Continuous follow-up and control of transactions and accounts.
  • Examples and practical cases of applying customer due diligence.
  • Training in the field of combating money laundering and terrorist financing.
  • Reporting suspicious operations.
  • Using internal systems to reach unusual transactions.
  • Identifying suspicious operations and reporting them.
  • Practical case to identify suspected operations.
  • Presentation and analysis of some money laundering and terrorist financing cases
  • Obligations arising from Security Council resolutions related to combating terrorism and it’s financing.

Alignment between the strategic objectives of the bank and the regulatory requirements

  • The most important strategic objectives of the bank.
  • Maximizing profitability.
  • Continuity.
  • Expansion of banking outreach.
  • Propagation at the local and international levels.
  • Expand the customer base.
  • Providing new services.
  • Creating new channels for providing services.
  • The impact of applying the regulatory requirements on achieving the strategic objectives of the bank.
  • The phenomenon of risk aversion and its impact on the bank.
  • Obstacles to achieving financial inclusion at the bank and national levels.
  • How to take advantage of the flexibility available in international standards.
  • Proper and effective application of the risk-based approach.