Booking Form
Seychelles 2 Days Training Workshop - Annual Compliance Refresher Training
Date: July 25, 2017
Start Time: 9:00 am
End Time: 6:00 pm
CPD Time:
Cost: £800.00
PLEASE CONTACT CLBS@CLBSONLINE.COM TO MAKE YOUR BOOKING
Seychelles Prevention and Detection of Money Laundering
Annual Compliance Refresher Training
Seychellois Professionals working in money laundering prevention already understand the benefits of,
and regulatory requirements for, training in this area. Each member of staff, regardless of position, has a
role to fulfil in safeguarding the reputation of their firm and minimizing the threat. So it is vital that all be
fully trained with the necessary skills and knowledge.
This two-day workshop intends to build upon the previous workshops in this area as Anti-Money
Laundering, and Counter Terrorist Financing is such a dynamic area.
The programme has been designed together with the Seychelles Financial Services Authority
(FSA) and Financial Intelligence Unit (FIU) to ensure its relevance to the Seychelles legal and
regulatory framework.
AML/CFT Refresher & Update (including Seychelles FSA proposed topics) General Themes:
-
- International update
- A reminder of the basics constituents of AML/CFT and dispel the myths.
- Consider the importance of knowing
- the respective legislations,
- ongoing monitoring of business relationships,
- knowing the activities, the clients are engaged in,
- establishing the UBO of companies,
- having policies and procedures in detecting ML/TF,
- Ensuring legitimacy of documents and performing independent checks to confirm the authenticity of their content
- The importance of establishing good P.I relationships and ensuring that CDD information is obtained and agreement & undertaking is in place.
- Look at the different government and sanction lists (e.g. UN, EU, OFAC, etc.) and how they should
be embedded in your systems and procedures. - Focus on the way customers should be profiled and look at the difference between KYC - ID&V – CDD
- Show you how to build and use trigger events in your systems before turning to consider the
probability of an offence crystallizing and the risk of not reporting using leading case studies - Look at the importance of professional behaviour (and directors and officers liability).
- The importance of establishing an independent compliance function as required under the FSA Act (not
specifically the AML Act) - Client risk profiling - licensees to have a clear documented policy regarding same
- Proper implementation of AML Regulation 12 (i.e. third party reliance/PI) from onboarding POI to termination
THE PROGRAMME CONTENT
The workshop will cover the following key 6 themes:
- INTERNATIONAL MONEY LAUNDERING/TERRORIST FINANCING AND THE
DEVELOPMENT OF PREVENTION AND DETECTION OF THESE CRIMES - CASE STUDIES
- AML FOR COMPLIANCE OFFICERS AND THE MLRO
- AML/CFT & THE RESPONSIBILITY OF THE BOARD,
SENIOR MANAGEMENT & EMPLOYEES - AML RISKS ASSOCIATED WITH SARS
- LESSONS LEARNED FROM REGULATORY ONSITE VISITS
WHY SHOULD YOU ATTEND?
MAYBE A RECENT TESTIMONIAL
MAY ANSWER THE QUESTION
“The mention of compliance training to the majority of staff will result in groans, moans and excuses for not attending. However, add the magic words “being presented by Mathew Beale”, and suddenly there is a queue to attend.
Mathew makes the mundane interesting and without scaring the attendees manages to make them aware of the pitfalls and consequences of non-compliance. Valla Limited is happy to recommend his services to all in need of training and refresher courses in this highly complex area.”
Venue: Eden Bleu Hotel, Eden Island
Day 1 - Wednesday 26th July 2017
Day 2 - Thursday 27th July 2017
For the full flyer - please click here