Anti-money laundering (AML) and counter ... - PwC South Africa · Anti-money laundering (AML) and...
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People Solutions: Enabling your people. Building value. Anti-money laundering (AML) and counter-terrorist financing (CTF) e-learning www.pwc.co.za Our experience within our industry, our knowledge and understanding of our clients and the industries in which they operate, and our expertise in various associated areas enable us to deliver relevant and focused learning and development solutions. Why do your people need this training? Your organisation is faced with an ever-increasing number of regulatory environment challenges, and non-compliance with legislation can lead to reputational damage and financial penalties for your business. It’s important that you create firm anti-money laundering (AML) and counter-terrorist financing (CTF) policies and procedures to lessen your risk and ensure compliance. Your employees need to understand their role in the fight against these crimes, and the effect they can have on your organisation. They need the necessary skills to understand how to make comparative judgments and detect money laundering and terrorist financing activity. This will reduce your organisation’s risk in this regard and ensure you meet the regulatory requirement to train your employees. After all, your AML and CTF policies and procedures can only be truly effective if your employees know, understand and apply them. Skilled employees will not only help to manage your money laundering risk; they will protect your organisation from the vulnerability of being used for purposes of money laundering.
Transcript of Anti-money laundering (AML) and counter ... - PwC South Africa · Anti-money laundering (AML) and...
People Solutions: Enabling your people. Building value.Anti-money laundering (AML) and counter-terrorist financing (CTF) e-learning
www.pwc.co.za
Our experience within our industry, our knowledge and understanding of our clients and the industries in which they operate, and our expertise in various associated areas enable us to deliver relevant and focused learning and development solutions.
Why do your people need this training?
Your organisation is faced with an ever-increasing number of regulatory environment challenges, and non-compliance with legislation can lead to reputational damage and financial penalties for your business. It’s important that you create firm anti-money laundering (AML) and counter-terrorist financing (CTF) policies and procedures to lessen your risk and ensure compliance.
Your employees need to understand their role in the fight against these crimes, and the effect they can have on your organisation. They need the necessary skills to understand how to make comparative judgments and detect money laundering and terrorist financing activity. This will reduce your organisation’s risk in this regard and ensure you meet the regulatory requirement to train your employees.
After all, your AML and CTF policies and procedures can only be truly effective if your employees know, understand and apply them. Skilled employees will not only help to manage your money laundering risk; they will protect your organisation from the vulnerability of being used for purposes of money laundering.
Adi Stephan Sunninghill +27 (0) 11 797 4125 +27 (0) 82 566 7383 [email protected]
Barry Vorster Sunninghill +27 (0) 11 797 4864 +27 (0) 82 777 0017 [email protected]
Bela Carvalho (CPrac) Sunninghill +27 (0) 11 287 0673 +27 (0) 82 971 7433 [email protected]
Roy Melnick (CAMS) Sunninghill +27 (0) 11) 797 4064 +27 (0) 82 857 6868 [email protected]
© 2014. PricewaterhouseCoopers (“PwC”), a South African firm, (14-15654)
What your employees will learn
The available courses present scenario-based learning that can be installed off-the-shelf with various hosting options. They can also be customised, based on individual organisation-specific requirements.
All our e-learning is interactive and engaging, allowing you to integrate compliance and regulatory requirements into your daily business activities and practices.
We look at:
• The concept of money laundering
• Terrorist financing and its impact
• The role of regulators and supervisors
• The different stages of money laundering
• Funding of terrorism and how it works
• Applicable legislation and regulatory requirements
• The risk-based approach
• The need to conduct an organisational risk assessment
• Customer due diligence/’Know your customer’ (KYC)
• Reporting requirements
• Record keeping
• Penalties
• Various assessments.
Learners will be able to apply their knowledge practically through industry-specific situational case studies. The course is approximately two hours in duration and assesses learners through knowledge checkpoints and a final assessment. Our e-learning course offering can be adjusted to cover any jurisdiction in Africa, provided the relevant AML and CFT legislation is available.
Who should attend
This country-specific e-learning course has been designed for all staff who are required to undergo training in anti-money-laundering and counter-terrorist financing laws. We also cater for the training requirements applicable to different employee roles, e.g. front office; back office; executives; compliance officers; etc.
How we’ll help you
Whether you choose to change behaviour, build skills, raise awareness of key issues or address grey areas, our training will give you the legal framework, accuracy and in-depth understanding you need to effectively educate your employees and manage your money-laundering risk.
To stay ahead and ensure that the required compliance is met, your employees need the right skills and knowledge. We offer a range of e-learning experiences to equip people.
Our anti-money laundering (AML) and counter-terrorist financing (CTF) e-learning course can be set up as a web hosted solution or as a purchase to be hosted on your own learning management system. This e-learning course is an ideal training solution to allow you to comply with the regulatory AML training requirement.
Talk to us for more information
