AML Compliance Audit for financial institutions

Start Time

12 JUNE, 2020
08:00 AM

End Time

12 JUNE, 2020
12:00 PM

Location

Curaçao, Scharlooweg 61

Introduction

Topics during this training: regulatory requirements to conduct an independent AML Audit, understand the role of the three (or four) lines of defense, understanding the essential components of an effective AML Audit Program. We will also discuss creating an enterprise wide AML Audit testing methodology, creating an audit risk assessment methodology and best practices regarding the planning, execution and reporting.

Topics

  • Regulatory requirements to conduct an independent AML Audit;
  • Understand the role of the three lines of defense (four lines: including external regulators);
  • Understanding the essential components of an effective AML Audit Program;
  • Discuss tips in creating an enterprise wide AML Audit Testing methodology;
  • Creating an audit risk assessment methodology;
  • Best practices regarding the planning, execution and reporting.

Target group

  • Compliance Department
  • Internal Auditors
  • External Auditors

Benefits

After this training as Compliance you will better understand how to prepare for an AML Audit as now you know what to expect. As the one conducting the audit you will now have the necessary tools to correctly and effectively perform the AML Audit.

Requirements

There are no requirements for participation.

Duration of the training

The duration of the training is 4 hours.

Costs

Price: ANG 380,=  excluding taxes

Costs includes:  Training sheets & Certificate of participation.

Attending this specific training will grant you 4 CAMS credits.

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