The Asian Bankers Association (ABA) is inviting members and friends to the Fintelekt Certified AML/CFT Professional (FCAP) training programme to be held in person 26-27 September 2024 in Bangkok, Thailand.

 

(1) WHAT IS FCAP?

FCAP is a 2-day intensive course designed as a comprehensive and practical masterclass for aspiring and practicing AML/CFT professionals to learn and stay updated with the latest tools, techniques and developments in anti-money laundering and combating terrorist financing.

The programme is relevant for staff from the AML Compliance, Regulatory Compliance, Financial Crime, Trade Finance, Remittances, Payment Systems, Retail Banking, Wholesale Banking, Digital Banking, Technology, Cyber Security, Audit, Legal, Strategy and Corporate Governance from the banking and financial services industry.

 

(2) RECOGNITION

Fintelekt’s training initiatives are reviewed and supported by regulators in many countries and are known for their quality and relevance to AML/CFT compliance. Over the years, employees from a large number of banks, non-banking finance companies, insurance companies, mutual funds, money services businesses, and remittance houses have successfully undergone FCAP.

 

(3) CERTIFICATION

Participants who attend all sessions and pass the assessments are entitled to receive the Fintelekt Certified AML/CFT Professional (FCAP) certificate. FCAP members earn the right to use “FCAP” as a designation against their name, signifying specialist knowledge, industry leadership and commitment to AML/CFT compliance.

 

(4) TRAINING COVERAGE

Day One:

• Overview and importance of AML/CFT
• Terrorist financing & proliferation financing
• Organised crime and trafficking
• International forums and their role/significance
• National framework and risk assessment
• AML governance and risk-based approach
• Enterprise risk assessment and risk-based approach
• Correspondent banking risks
• Sanctions and screening
• Trade-based money laundering

 

Day Two:

• Ultimate beneficial ownership
• Evolving risks in the digital age
• Cryptocurrency risks
• Technology developments and their impact on the AML compliance function
• Transaction monitoring
• Quality of reporting
• Expectations of FIUs/LEAs from reporting entities
• Interacting with regulators and LEAs
• Co-ordination within the AML/CFT ecosystem
• Preventive measures
• Group work & Case studies

 

(5) COURSE FEES

This will be a non-residential training programme (i.e., acommodation costs will have to be borne by the participant.) However, Fintelekt worked out a special rate with the venue hotel which participants can avail of. Further details will be made available upon registration.

Regular price: US$675 per participant

ABA is glad to offer its members 18% Discount on the participation fee. ABA members will pay on US$550

 

(6) TERMS

Fees include access to course material and certificate, lunch and refreshments on both days of the training.

Payment should be received at least 7 days before the training to guarantee the seat. Fintelekt reserves the right to deny entry to the participant if payment has not been received before the start of the programme.

This is a non-residential programme. Participants will have to make their own arrangements for travel and hotel stay.

Cancellations are not allowed. Substitutions are welcome but must be communicated by email at least one week before the programme.

The training programme is subject to a minimum number of participants and may be cancelled by Fintelekt at its discretion, without liability, if this criterion is not met. In such instances, Fintelekt will offer the participants credit for a future programme, or a full refund.

If the workshop cannot take place due to any unforeseen reasons, it will be postponed and new dates will be announced. Fintelekt will retain the participation fees in a credit shell, which may be utilised by participants for the workshop on the revised date, or for any other Fintelekt training programme.

 

Fintelekt Advisory Services Pvt Ltd is one of the Knowledge Partners of the ABA. It is a specialist in training and advisory in anti-money laundering (AML) and countering the financing of terrorism (CFT) within banking and financial services sectors. It systematically invests its time and effort in building the skill level of professionals working in the banking and financial sector by assimilating and dispensing industry-reviewed best practices and knowledge.

 

FINTELEKT CONTACT PERSON

For more information and registration contact oliver@fintelekt.com

Tel/Viber/Whatsapp: +919823188864/+919370078917

Please register now to take advantage of this fabulous 18% discount to ABA members.