Aml training


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With a zero tolerance level in Money Laundering and associated large regulatory penalties for non compliance, Banks and other Financial Institutes are spending immense time, effort and money to achieve compliance. Needless to say, it is still not enough. The Black Swan can enter into any Financial Institute’s Branch on any given day and sting the Bank by surprise.

The implementation of a formal and a structured AML Mitigation and oversight system and processes that effectively identify, assess, and manage such risk within acceptable levels is a challenge. Therefore, awareness about the menace of money laundering and thorough understanding of the antimony laundering process and its current trends at all levels of staff of a bank/FI are ever growing necessities.

Awaiting your valuable nominations/enquiries to make the programs mutually beneficial and successful. Please email or contact at 98337 67114 for more details.

Program Highlights
Let the experts guide you on the best practices in Anti Money Laundering
Perspective from RBI, FIU- IND, Income Tax and more
Global regulations around AML/KYC
Indian regulations and latest reforms
How to avoid any kind of surprises
Linking AML compliance to Reputation Risk, Social Media Risk
Dodd Frank Act, US Patriot Act
What it takes to say “NO” to profitable and abundant business

Speakers and Panelist
Guest speakers from Regulatory Authorities
Risk Management and Banking Experts
Manoj Jain, Director and Co Founder, Riskpro India
Hemant Seigell, Director, Riskpro India
R Muralidharan, ex DGM - Risk Management, Bank of Maharashtra
Hemlatha Mohan, ex Country Head ORM, ING Vysya Bank
Prasanna Rath, ex Head of Risk, TAIB Bank, Bahrain
Prominent AML experts as panelist

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Aml training

  1. 1. Anti MoneyLaunderingPractices“Are we doing enough to protect integrityof Indian financial sector?”July 10 – July 11Mumbai: The Mirador Hotel,Andheri EastJuly 18 – July 19, 2013BangaloreAugust 20-August 21, 2013DelhiJune 6 - June 7, 2013 (Concluded)Chennai: Hotel Savera, RK Salai Risk Management andCompliance Heads Practicing professionals Wealth Mangers, Broker DealerProfessionals Business Heads, Operations Head Branch Managers Internal Auditors External ConsultantsProgram HighlightsLet the experts guide you on the best practices in Anti MoneyLaunderingPerspective from RBI, FIU- IND, Income Tax and moreGlobal regulations around AML/KYCIndian regulations and latest reformsHow to avoid any kind of surprisesLinking AML compliance to Reputation Risk, Social Media RiskDodd Frank Act, US Patriot ActWhat it takes to say “NO” to profitable and abundant businessSpeakers and PanelistGuest speakers from Regulatory AuthoritiesRisk Management and Banking ExpertsManoj Jain, Director and Co Founder, Riskpro IndiaHemant Seigell, Director, Riskpro IndiaR Muralidharan, ex DGM - Risk Management, Bank of MaharashtraHemlatha Mohan, ex Country Head ORM, ING Vysya BankPrasanna Rath, ex Head of Risk, TAIB Bank, BahrainProminent AML experts as panelistWho should attendOur sponsorship programs are meantto grow your business and not shrinkyour bottom-line. Contact for more info:Manoj Jain+91 98337 67114manoj.jain@riskpro.inSponsorshipConnect with your CustomersFor more information, visit Riskpro India Initiative
  2. 2. Background on Anti Money LaunderingBanks face growing costs to comply with AML requirements. With a zero tolerance levelin Money Laundering and associated large regulatory penalties for non compliance,Banks and other Financial Institutes are spending immense time and efforts to achievecompliance. Needless to say, it is still not enough.The Black Swan can enter into any Financial Institute’s Branch on any given day andsting the Bank by surprise.The ChallengeThe solution to the above challenge is the implementation of a formal and astructured AML Mitigation and oversight system and processes that effectively identify,assess, and manage such risk within acceptable levels.Overview and SummaryThe course provides participants the understanding of Anti Money Laundering, KYC andCombating Terrorism Financing. The conference provides participants with practical toolsand methods required for implementation of the framework.This is an instructor led course designed to provide a practical understanding of the newglobal framework for risk management. In this two days intensive course, participantsgain a complete understanding for implementing AML/KYC processes in theirorganization. Practical exercises and case studies help to better understand conceptsand evaluation of multiple methods and techniques.Program Details and AgendaThis conference focuses on current money laundering trends, recent case studies andlessons learned. It is an opportunity for legal, compliance, risk and Banking professionalsto interact with industry experts, regulators and peers to address the key issue. “Are wedoing enough to protect the integrity of the Indian financial system”See detailed Agenda on the next page.Training Methodology and Course ContentThis is an interactive conference that combines formal theoretical presentations, casestudies and expert views. Delegate Course Material includes full set of presentation slides Delivery by Risk Management Experts with practical experiences Additional Handouts based on exercised and recent news coverage Completion certificateTraining ObjectivesThe goal of this course is to provideyou an overview of the Anti MoneyLaundering developments, recenttrends, challenges and otherimplications. The conference alsoaddresses best practices and how todesign effective AML frameworks.The training program is designed toensure that participants canimplement it in their organisation withminimal external consulting support.The following are the trainingobjectives for the program: Building a business case for Boardand senior management approval How to setup and implement theprinciples and framework withinyour organisation Comprehensive review andunderstanding of the RiskManagement process andsystems specifically addressingAML/ KYC and CTF Understand various riskidentification and risk assessmenttechniques relating to AML
  3. 3. 8:30 Registration9:30 Welcome AddressGuest speaker10:00 Global emerging challenges in Money launderingefforts Global perspective to AML Latest developments in AML/KYC10:45 What’s New and Recent RegulatoryDevelopments in AML and FATF (Indian andInternational perspective) Regional perspectives from the USA, UK and Asiaon enforcement and the impact of moneylaundering. Prevention of Money Laundering Act (PMLA)-Overview and Key Provisions Recent developments in Indian regulations, PMLAupdates RBI Guidelines for KYC and AML SEBI Guidelines for KYC and AML11:30 Break and Refreshments11:45 Introduction to Money Laundering Define money laundering and terrorist financing Identify the principal sources of laundered money Identify the reasons why criminals launder money Recognize the consequences of moneylaundering Post 9/11 International Convergence onprevention of money laundering12:30 Know Your Customer Basics Define the KYC policy Identify the principal elements of the KYC policy Identify the risks of not implementing the KYCpolicy13:30 Lunch and Networking Break14:30 Customer Profiling / Risk Profiling Objectives of customer identification in a KYCpolicy the challenges for business in establishingbeneficial ownership Understand the typical higher risk and lower riskcustomer profiles Recognize higher risk and lower risk customerprofiles Politically Exposed Person (PEP) Risk Nature and impact of blacklists Examples of high risk customers and AMLvulnerabilities15:30 Networking and Short Tea Break15:45 US Patriot Act, Dodd Frank and otherinternational regulations addressing AML Key aspects of US Patriot Act Recent international Money laundering cases UK Bribery Act16:45 Compliance Culture and strengtheningCompliance Risk Management Robustness of compliance risk management Round the year AML trainings and awareness Staff accountability and disciplinary action17:30 Open Forum / Q& A18:00 End of Day One9:15 Welcome AddressGuest speaker10:00 Recognising and Reporting Suspicious Activities Recognize suspicious activities Red Flags for Money Laundering Activity Reporting requirements as per PMLA Increasing data quality and improving AML Analytics11:30 Break and Refreshments11:45 Designing an effective AML Framework – BankingPerspective 10 strategies to mitigate International MoneyLaundering Risks How to build and maintain effective AML andSanctions controls Addressing AML in Institutes with multi country setup How Can Auditing AML activities strengthen AMLCompliance? Integrating FCPA and Anti Bribery frameworks in AMLstrategies13:30 Lunch and Networking Break14:30 Use of AML Technology to detect money laundering Software demonstration of latest technologies Role and functions of such technologies incompliance and operational risk management Best Practices to Improve AML Audit Processes15:30 Networking and Short Tea Break15:45 Designing an effective AML Framework – NBFC andInsurance Perspective Third party product. Sale of products and addressing black money Strengthening regulation for Non Banking Institutes.17:00 Whistle Blowing, Corporate Governance and MoneyLaundering How to Integrate AML efforts whistle blowingframework Strengthening corporate governance framework toaddress Money Laundering and KYC violations17:30 Open Forum / Q& A18:00 End of ProgramDay 1:- Emerging Challenges, implications and IntroductionsDay 2:- Strategies to Combat AML and Terrorism
  4. 4. Pricing, Dates and LocationChennaiDate TBDPricingRs 8,500 plus taxesLocationHotel Savera, 146, Dr.Radhakrishnan Rd, ChennaiPh : 044 - 2811 4700BangaloreDate July 18-19, 2013PricingRs 9,500 plus taxesLocationTBDCentral District HotelBangaloreMumbaiDate July 10-11, 2013PricingRs 9,500 plus taxesLocationThe Mirador Hotel,Opp Solitaire Park, AndheriEast, MumbaiDelhiDate Aug 20-21, 2013PricingRs 8,500 plus taxesLocationTBDCentral District HotelDelhiContactV. 57947)R. – 95660 77326)ContactCasper 91- 9094070458)Medha – 99455 51326)ContactManoj 67114)Shriram 94063)ContactRahul 91- 99680 05042)Hemant – 99536 97905) All above prices are per participant. Service Tax extra as applicable Discounts: For four or more nominations from same organisation, discount of 10% of the program fee Nominations not refundable. Change of nomination permitted. Unused amount permitted to be carried forward. Prior registration and payment requiredMore informationKindly Send nomination along with the payment / contact details (Participant Name, Contact Number, Designation, email id) anyof the above contact points.PAYMENT DETAILSPayments to be in the name of “Riskpro India Ventures Private Limited”NEFT Details:Beneficiary Name: Riskpro India Ventures Private LimitedBank Name: HDFC Bank, MIDC – Andheri - Mumbai, IndiaBank Account 14252560001055 (Current Account)IFSC Code HDFC0001425 / MICR Code 400240126PAN Number AAFCR5508L / SERVICE TAX NO AAFCR5508LSD001About RiskproRiskpro India is a specialized Risk Management solutions and Risk consulting company. It is managed by experienced professionals withexperiences spanning various industries. We are one of the fastest growing risk consulting firms in India. For more details on RiskproIndia, Please visit www.riskpro.inSome of Riskpro’s Training Clients