Manager: Learning & Growth IV

Course Description

The AML/CFT/CFP Online Coop-Ambition Training is a comprehensive program designed to equip CoopBank staff with a deep understanding of anti-money laundering (AML), combating the financing of terrorism (CFT), and countering the financing of proliferation (CFP) regulations. This online course offers a thorough exploration of the global regulatory landscape, industry best practices, and practical applications to enable participants to effectively identify, prevent, and mitigate financial crimes.

Course Objectives:

Upon completion, participants will be able to:

1 Understand the global and regional AML/CFT/CFP regulatory landscape, including the key international standards and national laws governing these areas.

2  Develop and implement robust customer due diligence (CDD) and know-your-customer (KYC) procedures to mitigate the risks of money laundering, terrorist financing, and the financing of proliferation.

3  Recognize and report suspicious activities and transactions related to money laundering, terrorist financing, and the financing of proliferation in accordance with the applicable reporting requirements.

4  Familiarize themselves with the various sanction’s regimes and lists, as well as the importance of screening and monitoring for proliferation-related activities.

5  Acquire the necessary knowledge and skills to assess and manage the risks associated with money laundering, terrorist financing, and the financing of proliferation, including the ability to identify red flags and implement appropriate mitigation strategies.

6  Develop the ability to navigate ethical dilemmas and comply with professional standards in the AML/CFT/CFP domain.