course goals

What you will gain from the workshop :

1. Know and understand what are the AML/CFT laws in the key ASEAN countries. This will assist you in managing your AML/CFT risks in these countries;
   

2. Know what are the KYC best practices in your institutions’ operational activities in these countries. Hence, you will be able to manage and comply with each country’s best practices;
   

3. Know and understand the international standards (FATF 40 + 9 Recommendations), the local standards of these countries and how to comply accordingly;
   

4. Gain instantly a comparative perspective of the AML/CFT laws and regulations in these countries.
   

workshop scope

1. Survey of ASEAN countries (Indonesia, Singapore, Malaysia, The Philippines, Thailand, Brunei)
   

2. Areas of Law to be examined (AML and CFT):
   

3. Offences criminalised as money laundering;
   

4. Extra-territoriality;
   

5. Corporate liability;
   

6. Customer due diligence (CDD);
   

7. Cash transaction reporting (CTR);
   

8. Offence of tipping-off;
   

9. Overseas branches;
   

10. Financial intelligence units (FIUs);
    

11. Mutual legal assistance;
    

12. Terrorist financing offences, and more!
    

13. Framework of the FATF 40 + 9 recommendations
    

14. Understanding Know Your Customer (KYC) regulations in South-East Asia (SEA)
    

15. Examine the KYC best practices set by relevant authorities in SEA
    

who should attend

1. Auditors
   

2. Lawyers and legals officers
   

3. Accountants
   

4. Nominee/Trust Service Providers
   

5. Risk managers
   

6. Regulatory staff
   

7. Compliance officers
   

8. Senior account managers
   

institutions that should attend

1. Central banks
   

2. Regional finance institutions
   

3. Banks
   

4. Brokerage houses
   

5. Stock exchanges
   

6. Securities firms
   

7. Insurance companies
   

8. Finance companies
   

9. Accountancy firms

Uncovering Deception

Interviewing and Interrogation

Kinesic Interviewing

Fraud Investigations

Anti-Money Laundering

Operational Risk Management

Continuous Monitoring Techniques

Benford’s Law and Data Analysis

Behavioural Profiling

Derivatives: Legal Risks and Documentation

Banking Secrecy

Regulatory Updates