An Intensive 5-day Training Course
Certified Anti Money Laundering Specialist CAMS
(Exam Preparatory Course)
Essential Skills for Anti-Money Laundering Compliance
CLASSROOM DATES
INTRODUCTION
Money Laundering is the processing of criminal proceeds to hide their illegal origin, enabling criminals to enjoy these profits without jeopardising their source. This crime is one that demands a coordinated approach and a common understanding of evolving and emerging trends in all organizations all over the world. The actions of AML professionals are vital to recognize, develop and maintain a risk- based and comprehensive anti-money laundering framework to mitigate and prevent the threat.
These qualifications are aimed at those who wish to begin a career in anti-money laundering or who are already responsible for AML function. The AML training course covers the aspects of money laundering and initiatives undertaken to combat terrorism including regulations that govern financial institutions. This EuroMaTech training course covers regulatory environment and focuses on the role of the Money Laundering Reporting Officer in practical terms. Participants will learn about the importance of Customer Due Diligence (CDD) and sanctions monitoring as well as studying the AML risks involved in emerging industry sectors such as mobile financial services and e-payments. This Certified Anti Money Laundering Specialist (CAMS) Training Course will teach everything needed to know about the CAMS exam.
This Certified Anti Money Laundering Specialist CAMS (Exam Preparatory Course) training course will highlight:
- Regulatory environment nationally and internationally.
- Know your Customer (KYC), the importance of Customer Due Diligence (CDD) and (EDD)
- Sanctions, and how to protect your organization against them.
- Monitoring and the role of the Money Laundering Reporting Officer in practical terms.
- The vulnerabilities of the services and products offered by the financial services industry to abuse by money launderers
- Financial crime risks and the techniques to detect and prevent financial criminal acts.
TRAINING OBJECTIVES
By the end of this EuroMaTech Certified Anti Money Laundering Specialist CAMS (Exam Preparatory Course) training course, you will learn to:
- Understand the process of Money Laundering
- Recognize the regulations applicable to your organization/bank
- Develop and improve on existing skills to detect, deter and disrupt all types of financial crime.
- Understand FATF roles in Anti-Money Laundering and its importance
- Apply risk-based approach to apply the best practices in AML
- Gain an understanding of your role in preventing money laundering and the impact you can have.
- Understand the implications and penalties for non-compliance with Anti-Money Laundering legislations
- Explain how AML and CTF might be prevented
- Understand some of the other “hot spots” in Financial Crime
WHO SHOULD ATTEND?
Anyone involved in the global financial services industry (as a provider, Senior Management, user, AML/ Compliance Professionals, Auditors, Consultants, Analysts, Lawyers, accountants, regulator or advisor of product/services, marketplace/exchange) would benefit from this course, and for all the following :
- Supervisory Agencies
- Central Banks
- Financial Institutions
- Commercial Banks
- Investment Banks
- Housing Societies/Thrifts
- Mutual Funds
- Brokerage Houses
- Stock Exchanges
- Derivatives Exchanges
- Insurance Companies
- Multinational Corporations
- Accountancy Firms
TRAINING METHODOLOGY
This Certified Anti Money Laundering Specialist CAMS (Exam Preparatory Course) training course will combine presentations with interactive practical exercises, supported by video materials, activities and case studies, Facilitated Discussions, and Slide Presentations and Examples.
TRAINING SUMMARY
The Certified Anti Money Laundering Specialist CAMS (Exam Preparatory Course) training course covers the structure of the AML/CTF regime in your jurisdiction and obligations under the AML/CTF regime, including:
- Customer identification;
- AML/CTF Programs;
- Designated remittance service arrangements and correspondent banking;
- Reporting of certain transactions; and
- Record keeping.
- Consequences to you for not complying with your obligations
TRAINING OUTLINE
Day 1: Introduction Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF)
- Why the Current Focus on AML/CFT?
- Introduction to Money Laundering & the Financing of Terrorism
- Differences and similarities between money laundering and terrorist financing
- The expansion of Money Laundering from drugs to corruption to terrorism
- Money Laundering Stages and Techniques
- Money Laundering Trends in your jurisdiction
- The complex and interrelated risks concerning money laundering and sanctions
Day 2: Risks and Methods
- Eco/Social consequences of ML
- Accountability of AML/CFT programs
- MSBs
- Third-party payment processors
- Securities broker-dealers
- Casinos
- Gatekeepers
- TBML (free trade zones)
- Prepaid cards
- Internet payment systems
- Virtual currency
- Misuse of corporate vehicles
- Charities/NPOs
- Emerging risks in terrorism
Day 3: International Standards
- FATF methodology for mutual evaluations
- FATF membership criteria
- EU Directive
- FATF Regional-Style Bodies
- Egmont
Day 4: AML/CFT Programs
- AML Program
- Internal controls
- Compliance officer
- Training
- Independent test
- Customer due diligence
- Culture of compliance
- Personal liability
- Statutory certification of AML/C FT program or its components
- Economic sanctions
- PEPs
- Transaction monitoring
- Red flags (some examples below)
- Human trafficking
- Human smuggling
- Virtual currency
- Precious metals
Day 5: Investigations
- Investigations performed by a financial institution
- Communication with law enforcement
- STR decision-making process
- Quality assurance
- Investigation of a financial institution
- FIU information sharing
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
What makes EuroMaTech a leader in professional training?
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
How can I register for a EuroMaTech training course?
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
Does EuroMaTech offer international training courses?
Yes, EuroMaTech delivers training courses in major cities worldwide, including locations across Europe, Asia, Africa, and the Middle East, in addition to its extensive presence in Dubai.
Where are EuroMaTech’s training courses held?
EuroMaTech conducts its training courses at prestigious venues across Dubai and other major international cities. Additionally, virtual training options are available, allowing participants to join courses remotely from anywhere in the world.
What ISO training courses does EuroMaTech offer?
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
How does EuroMaTech ensure the quality of its training courses?
EuroMaTech ensures the highest standards by:
- Partnering with globally recognized accrediting bodies such as ILM, CPD, PMI, NEBOSH, and HRCI.
- Designing training courses with a focus on practical, real-world applications.
- Using experienced instructors with industry expertise.
- Continuously updating course content to reflect current trends and best practices.
Does EuroMaTech provide customized corporate training courses?
Yes, EuroMaTech specializes in tailored corporate training courses designed to meet the unique needs of organizations. These customized courses are ideal for businesses seeking to upskill teams across different departments or regions.
How many professionals have attended EuroMaTech’s training courses?
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
What industries does EuroMaTech serve through its training courses?
EuroMaTech provides specialized training courses for a wide range of industries, including:
- Oil & Gas
- Energy & Power
- Construction & Infrastructure
- Banking & Finance
- Healthcare
- Telecommunications
- Logistics & Supply Chain
- Aviation & Aerospace
- Government & Public Sector
- Hospitality & Tourism
- Information Technology & Cybersecurity
- Human Resources & Talent Management
Are EuroMaTech’s training courses accredited?
Yes, EuroMaTech’s training courses are accredited by globally recognized institutions, ensuring high-quality, internationally respected certifications. Key accreditations include:
- ILM (Institute of Leadership & Management)
- CPD (Continuing Professional Development Certification Service)
- PMI (Project Management Institute)
- NEBOSH (National Examination Board in Occupational Safety and Health)
- HRCI (Human Resource Certification Institute)
What types of training courses does EuroMaTech offer?
EuroMaTech offers a diverse portfolio of training courses designed to meet the needs of professionals at all levels. These include:
- Leadership & Management Development Training
- Technical & Engineering Training Courses
- Project & Risk Management Training
- Health, Safety & Environmental (HSE) Training
- Finance & Accounting Training Courses
- ISO Compliance & Certification Training
- Human Resources & Talent Management Training
- Soft Skills & Communication Training Courses
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
