Anti Money Laundering (AML) - Become a Subject Matter Expert

Description

By the end of this course you will be a Subject Matter Expert on PEP risk within the Financial Crime and Anti Money Laundering (AML) Industry.

This course will not only provide you with a practical understanding of what PEPs are and the Anti Bribery and Corruption & Terrorist Financing risks associated with PEPs, but it ill also provide you with the knowledge on how a PEP name screening detection system is designed and implemented. You will understand from an operational perspective how to conduct PEP alert investigation from start to finish.

You will understand how a name screening system works from how to source PEP data as well as understanding how to set system thresholds and tuning the system to increase efficiency and effectiveness, as well as getting a glimpse into various suppression techniques used to help operational efficiency. You will also learn about the different types of PEPs and their risk as well as PEP declassification

You will also understand the wider financial crime framework and where PEP name screening falls within client life cycle management.

This course will give you a 360-degree understanding into the world of Financial Crime PEP risk, from identification to the associated treatment strategy involved.

What You Will Learn!

• What are PEPs and PEP Associates
• Anti Bribery and Corruption (ABC) & Terrorist Financing risks associated with PEPs
• Learn How Financial Institutions Source PEP Data
• How a Name Screening System is Designed and Implemented to Identify PEP Risk
• System Rules and Suppression Logic used by Financial Institutions
• Understand when Financial Institutions Conduct PEP Name Screening on customers
• How to Investigate a PEP alert/match from Start to Finish
• How to Risk Rate a PEP
• What Treatment Strategy Financial Institutions conduct on a confirmed PEP
• What factors determine a Declassification of a PEP
• Recent Changes in Regulation

Who Should Attend!

• Professionals Curious about AML Compliance
• Compliance Professionals
• Financial Crime Professionals
• AML Professionals
• Graduates
• Banking Consultants
• Financial Services Consultants
• MLRO

TAKE THIS COURSE