BEGIN:VCALENDAR
VERSION:2.0
METHOD:PUBLISH
CALSCALE:GREGORIAN
PRODID:-//WordPress - MECv6.1.0//EN
X-ORIGINAL-URL:https://mefmi.org/
X-WR-CALNAME:MEFMI
X-WR-CALDESC:- CELEBRATING 3 DECADES OF CAPACITY BUILDING
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-PUBLISHED-TTL:PT1H
X-MS-OLK-FORCEINSPECTOROPEN:TRUE
BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-1f16dde7e4a071f4a7649bdd0459efcd@mefmi.org
DTSTART:20261026T090000Z
DTEND:20261030T160000Z
DTSTAMP:20251201T113800Z
CREATED:20251201
LAST-MODIFIED:20260422
PRIORITY:5
TRANSP:OPAQUE
SUMMARY:Combating Money Laundering
DESCRIPTION:Background\nMoney laundering and the financing of terrorism are issues of great concern, with profound economic and social implications globally. The United Nations Office on Drugs and Crime estimates that about 2 to 5 percent of global GDP (or USD800 billion – USD2 trillion) is laundered annually.\nAt a broad level, money laundering:\n\n\nDiverts resources from economically and socially productive uses.\n\n\nNegatively impacts the national and international financial sector.\n\n\nUndermines the legitimacy and integrity of the private sector and financial markets.\n\n\nCreates economic distortions and instability.\n\n\nReduces revenues for development programmes and projects.\n\n\nCreates significant reputational risks for organisations and countries.\n\n\nTackling these challenges requires a concerted approach. Regulators at domestic and international levels must promulgate relevant laws, guidelines, and recommendations. Financial sector players must develop and implement programmes to mitigate the adverse effects of criminal economic activity and promote integrity and stability in financial markets.\nCourse Objectives\nTo equip participants with an understanding of the key aspects of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF). This training will enable them to identify, report, and prevent money laundering and the financing of terrorism, helping to protect themselves and their institutions against associated risks.\nCourse Content\n\n\nOverview of money laundering and terrorist financing.\n\n\nInternational context of AML and CTF.\n\n\nInternational and local Anti-Money Laundering legislation.\n\n\nRisk-based approaches.\n\n\nCompliance strategies.\n\n\nRecognising and reporting suspicious transactions.\n\n\nMoney laundering detection techniques.\n\n\nRoles and responsibilities of accountable institutions.\n\n\nAML typologies.\n\n\nCustomer due diligence.\n\n\nRecords management.\n\n\nImplementation of UNSCR regulations.\n\n\nCase studies.\n\n\nTarget Group\nThis course is designed for junior and middle-level staff from:\n\n\nBanking\n\n\nMobile financial services\n\n\nWealth management institutions\n\n\nMiddle and back-office personnel\n\n\nFront office personnel\n\n\nCompliance and risk officers\n\n\nRegulators\n\n\nInvestigations and security management personnel.\n\n\nDownload the Registration Form\n
URL:https://mefmi.org/events/combating-money-laundering-7/
CATEGORIES:Business Development Unit
LOCATION:Durban, South Africa
END:VEVENT
END:VCALENDAR