Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) Risk Training Course

Introduction
As financial crimes continue to evolve in sophistication and scale, regulatory authorities and financial institutions must strengthen their Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) frameworks to effectively detect, prevent, and report illicit financial flows. The AML and CFT Risk Training Course is designed to provide professionals with a comprehensive understanding of money laundering and terrorism financing typologies, regulatory compliance requirements, and the practical tools needed to build effective risk-based AML/CFT systems. This training aligns with international standards such as the FATF Recommendations and supports institutions in safeguarding financial systems from abuse.

Delivered over five intensive days, the course equips participants with in-depth knowledge on risk assessment, customer due diligence (CDD), suspicious transaction reporting (STR), enhanced due diligence (EDD), and internal controls. Participants will engage with case studies, compliance frameworks, and global best practices to improve institutional readiness, enhance operational monitoring, and strengthen reporting protocols. This course is ideal for those tasked with implementing AML/CFT obligations across financial institutions, regulatory bodies, and enforcement agencies.

Duration: 5 days

Target Audience:

  • AML/CFT compliance officers and analysts
  • Central bank and financial sector regulators
  • Financial crime investigators and law enforcement officials
  • Legal, audit, and risk management professionals
  • Senior management and board members responsible for compliance oversight

Course Objectives:

  • Understand global AML/CFT standards and their local applications
  • Identify, assess, and manage AML and CFT risks using a risk-based approach
  • Strengthen institutional compliance with CDD, EDD, STR, and KYC requirements
  • Develop AML/CFT monitoring systems and escalation protocols
  • Foster a culture of compliance and accountability across financial operations

Course Modules

  1. Introduction to AML/CFT Risks and Global Frameworks
  • Defining money laundering and terrorism financing
  • Overview of international frameworks: FATF, UN, EU directives
  • The role of financial institutions and regulators in AML/CFT
  • Consequences of non-compliance: legal, financial, and reputational
  • AML/CFT trends, typologies, and red flags
  1. Risk-Based Approach to AML/CFT
  • Principles and benefits of the risk-based approach (RBA)
  • Conducting institutional AML/CFT risk assessments
  • Identifying high-risk customers, products, and geographies
  • Integrating RBA into compliance and operational frameworks
  • Ongoing monitoring of evolving threats
  1. Know Your Customer (KYC) and Customer Due Diligence (CDD)
  • KYC principles and regulatory requirements
  • CDD processes for individuals and entities
  • Enhanced due diligence (EDD) for high-risk customers
  • Ongoing due diligence and client risk profiling
  • Documentation, verification, and record-keeping
  1. Suspicious Transaction Monitoring and Reporting
  • Identifying and escalating suspicious activities
  • Designing transaction monitoring systems and thresholds
  • Writing and filing suspicious transaction reports (STRs)
  • Interfacing with financial intelligence units (FIUs)
  • Legal protections and obligations in reporting
  1. Internal Controls, Compliance Programs, and Governance
  • Building a risk-sensitive AML/CFT compliance program
  • Roles and responsibilities of the AML/CFT compliance officer
  • Developing AML/CFT policies, procedures, and training
  • Independent audit and internal control testing
  • Aligning with board oversight and governance structures
  1. AML/CFT in Emerging Financial Technologies
  • Risks associated with digital payments, cryptocurrencies, and fintech
  • Regulatory approaches to new financial technologies
  • Mitigating risks in mobile money, crowdfunding, and virtual assets
  • FATF guidance on digital financial services
  • Case studies on tech-driven laundering schemes
  1. Cross-Border Risks and International Cooperation
  • Managing AML/CFT risks in international transactions
  • Information sharing with domestic and foreign counterparts
  • Sanctions compliance and screening against watchlists
  • Coordination with global regulatory and enforcement bodies
  • Mutual legal assistance and cross-border investigations
  1. Case Studies, Emerging Threats, and Compliance Simulation
  • Real-world laundering and terrorist financing case reviews
  • Typology exercises for risk identification and escalation
  • Conducting a mock internal audit and compliance risk assessment
  • Designing institutional responses to regulatory inspections
  • Final group exercise: AML/CFT compliance gap analysis and action plan

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

 

Anti-money Laundering (aml) And Counter-terrorism Financing (cft) Risk Training Course in Burundi
Dates Fees Location Action