A highly informative training on the key global AML/CFT framework with specific emphasis on the Mauritian AML/CFT regulations and ongoing initiatives to analyze its impact with practical cases to enable the participants to get a good grasp over the regulatory expectations, underlying risks, processes and controls to be implemented as well as the compliance aspects in relation to continuous monitoring of activities, following up on suspicions, reporting obligations etc. The course curriculum will impart useful theoretical and practical knowledge on AML/CFT requirements
Course Outline:
- Fundamentals of AML/CFT.
- AML Risk-based approach and managing the risks.
- National risk and regulatory framework in Mauritius.
- Establishing an appropriate AML program in an entity.
- Monitoring activity and transactions.
- Recognising and reporting suspicions (STRs)
- Independent AML/CFT Audit.
- Other critical aspects of the regime, including the penalties for non-compliance.
- Case studies and examples
- Digital KYC – a new era of identification
For more information, please contact +230-4676200 or mail to info@upskill-mauritius.mu