Valufin provides foreign exchange treasury management services that include:
- Managing currency exposures from order placement through funds transfer while ensuring accurate accounting.
- Improving forex rates which pays for the services and allows hedging at the right price.
- Reducing costs by improving knowledge, implementing efficiencies, and hosting IT services.
- Controlling risks by knowing and managing exposures in real time with worldwide access and accurate risk reporting.
- Providing treasury expertise and management of banking interfaces focused on clients' specific needs.
This chapter discusses the controls, measures, and accounting procedures used to manage risks in futures and options trading. It highlights three main risks: market risk, credit risk, and settlement risk. It emphasizes the importance of segregating responsibilities throughout the organization to manage conflicts of interest. The chapter outlines categories of risk measurement, segregation of trading, middle office, back office, and other functional responsibilities to ensure proper authorization and risk management.
This document discusses various concepts related to market risk, including value at risk (VaR), stress testing, and back testing. It defines VaR as a threshold loss value such that the probability of portfolio loss exceeding this value over a time horizon is a given probability, like 5%. It describes how VaR is calculated using historical, variance-covariance, and Monte Carlo simulation methods. Stress testing and back testing are also introduced as tools to assess risk under unfavorable conditions and test trading strategies on historical data.
This document summarizes key topics related to over-the-counter (OTC) collateralization, credit valuation adjustment (CVA), and funding valuation adjustment (FVA). It discusses:
1) Practical challenges of untangling credit and funding costs in derivatives valuation given changing regulation and market standards.
2) Issues around risk-free rates, multi-curve environments, and risky sovereign debt affecting collateral and valuation.
3) Evolving business models around central clearing counterparties (CCPs), CVA desks, and collateral transformation in response to these issues.
4) Modeling of collateral agreements and the reduction but not elimination of counterparty risk through collateralization.
5)
This document discusses risk management concepts. It defines risk management as the process of identifying, analyzing, and mitigating or accepting uncertainty in investment decision making. It then describes the two steps of risk management as determining existing risks and handling risks in a way that aligns with investment objectives. Various examples of risk management in different financial contexts are provided.
- Indian markets edged lower in choppy trade as industrial production and China data missed forecasts, adding pressure on the finance minister to boost growth.
- Corporate profits are also a concern as several major companies reported losses or disappointing earnings.
- Asian markets traded weak as China's trade surplus was much lower than expected after exports rose only 1%. The Indian markets are expected to have a weak opening.
Поддержка МСБ. KOSGEB (Министерство индустрии и торговли Турции)НЭПК "СОЮЗ "АТАМЕКЕН"
KOSGEB is a Turkish organization that provides consultancy and training support to small and medium enterprises. It offers support in areas like general management, project preparation, business plans, marketing, and more. Consultancy support is available from qualified organizations and can be up to 4,000 TL per subject area, with a maximum of 15,000 TL total. Training support is also available from accredited institutions in topics like management, finance, technology, and languages, with limits of up to 4,000 TL and 10,000 TL total per enterprise.
French politics in the early modern period was dominated by religious tensions between Catholics and Protestants vying for power. Henry III was killed so that either the Catholic Guise family or the Protestant Bourbon family could take the throne. Henry IV assumed the throne as a Protestant but had to convert to Catholicism to gain entry to Paris and acceptance from its largely Catholic citizens. He issued the Edict of Nantes in 1598, granting Protestants the right to practice their religion without persecution and arm Protestant cities. The Edict was important because it helped ease tensions after multiple civil wars and persecutions over religion in France.
Globalization against illegal immigrationElena Divizia
Italy needs cooperation from other European Union countries to effectively address its illegal immigration problem. As a Mediterranean country, Italy receives large flows of immigrants from North Africa but has difficulty controlling its borders alone. The EU recognizes this challenge and is working to develop a common immigration policy based on principles like solidarity, integration, and transparency. This includes controlling external borders through agencies like Frontex and negotiating agreements with origin countries. Italy is also forming new partnerships with Mediterranean states like Libya, Turkey, and Malta to manage immigration across the region in a comprehensive manner.
This chapter discusses the controls, measures, and accounting procedures used to manage risks in futures and options trading. It highlights three main risks: market risk, credit risk, and settlement risk. It emphasizes the importance of segregating responsibilities throughout the organization to manage conflicts of interest. The chapter outlines categories of risk measurement, segregation of trading, middle office, back office, and other functional responsibilities to ensure proper authorization and risk management.
This document discusses various concepts related to market risk, including value at risk (VaR), stress testing, and back testing. It defines VaR as a threshold loss value such that the probability of portfolio loss exceeding this value over a time horizon is a given probability, like 5%. It describes how VaR is calculated using historical, variance-covariance, and Monte Carlo simulation methods. Stress testing and back testing are also introduced as tools to assess risk under unfavorable conditions and test trading strategies on historical data.
This document summarizes key topics related to over-the-counter (OTC) collateralization, credit valuation adjustment (CVA), and funding valuation adjustment (FVA). It discusses:
1) Practical challenges of untangling credit and funding costs in derivatives valuation given changing regulation and market standards.
2) Issues around risk-free rates, multi-curve environments, and risky sovereign debt affecting collateral and valuation.
3) Evolving business models around central clearing counterparties (CCPs), CVA desks, and collateral transformation in response to these issues.
4) Modeling of collateral agreements and the reduction but not elimination of counterparty risk through collateralization.
5)
This document discusses risk management concepts. It defines risk management as the process of identifying, analyzing, and mitigating or accepting uncertainty in investment decision making. It then describes the two steps of risk management as determining existing risks and handling risks in a way that aligns with investment objectives. Various examples of risk management in different financial contexts are provided.
- Indian markets edged lower in choppy trade as industrial production and China data missed forecasts, adding pressure on the finance minister to boost growth.
- Corporate profits are also a concern as several major companies reported losses or disappointing earnings.
- Asian markets traded weak as China's trade surplus was much lower than expected after exports rose only 1%. The Indian markets are expected to have a weak opening.
Поддержка МСБ. KOSGEB (Министерство индустрии и торговли Турции)НЭПК "СОЮЗ "АТАМЕКЕН"
KOSGEB is a Turkish organization that provides consultancy and training support to small and medium enterprises. It offers support in areas like general management, project preparation, business plans, marketing, and more. Consultancy support is available from qualified organizations and can be up to 4,000 TL per subject area, with a maximum of 15,000 TL total. Training support is also available from accredited institutions in topics like management, finance, technology, and languages, with limits of up to 4,000 TL and 10,000 TL total per enterprise.
French politics in the early modern period was dominated by religious tensions between Catholics and Protestants vying for power. Henry III was killed so that either the Catholic Guise family or the Protestant Bourbon family could take the throne. Henry IV assumed the throne as a Protestant but had to convert to Catholicism to gain entry to Paris and acceptance from its largely Catholic citizens. He issued the Edict of Nantes in 1598, granting Protestants the right to practice their religion without persecution and arm Protestant cities. The Edict was important because it helped ease tensions after multiple civil wars and persecutions over religion in France.
Globalization against illegal immigrationElena Divizia
Italy needs cooperation from other European Union countries to effectively address its illegal immigration problem. As a Mediterranean country, Italy receives large flows of immigrants from North Africa but has difficulty controlling its borders alone. The EU recognizes this challenge and is working to develop a common immigration policy based on principles like solidarity, integration, and transparency. This includes controlling external borders through agencies like Frontex and negotiating agreements with origin countries. Italy is also forming new partnerships with Mediterranean states like Libya, Turkey, and Malta to manage immigration across the region in a comprehensive manner.
Kantox is a fintech company that offers FX management solutions to help global businesses manage currency exposure and automate foreign exchange transactions. It provides a transparent platform where customers can centralize FX operations, purchase or sell currencies, make international payments, and monitor currency risk. Key features include spot and forward transactions in over 35 currencies, free international payments, real-time rates and alerts, multi-user access, and expertise from FX specialists. The platform aims to help customers better understand costs, control users and subsidiaries, and react efficiently to market changes.
EastNets AML Transactions Monitoring SolutionZraiqat
EastNets is a leading provider of compliance and payment solutions with over 25 years of experience. It has over 1,000 customers in 120 countries and 300 employees, including 10 certified anti-money laundering specialists. SafeWatch Profiling is EastNets' automated transactions monitoring solution that helps financial institutions meet regulatory requirements to fight money laundering and terrorist financing through monitoring customer accounts and transactions to detect abnormal patterns and manage detected cases.
Reliable customer support and service are vital features of forex payment processing. Businesses need access to knowledgeable and responsive support teams that can assist with transaction issues, technical problems, and other inquiries. Visit us at:
D.C. Innovative Consultancy B.V. is a consulting firm that offers payment processing services like SWIFT consulting, project management, migration services, and training to banks and corporations. The company was founded by Dexter Cecilia to provide innovative solutions in areas like payments processing, KYC/AML, and sanctions screening. Services are offered through strategic partnerships with companies like PayCommerce, AML Partners, and Swallow Technology that provide specialized software and expertise in areas like behavioral monitoring, sanctions screening, and reconciliation. The vision is to help clients become more effective and efficient in their operations through outsourcing of services.
management of foreign exchange and risk managementAjilal
This document discusses various techniques for managing foreign exchange risk and exposure. It begins by defining foreign exchange exposure and risk for business firms engaged in international business. It then discusses managing transaction risk through hedging techniques like forward hedges, money market hedges, option market hedges, and future hedges. It also discusses internal risk management techniques used by multinational companies like netting, matching, leading and lagging, and pricing policies. Finally, it discusses managing operating risk and translation exposure.
The document discusses Riskpro's Governance, Risk, and Compliance (GRC) offering and approach for capital markets clients. It provides an overview of Riskpro's services in the areas of governance, risk management, and compliance. These include defining risk appetite, implementing risk scorecards, scanning emerging risks, policy development, regulatory reviews and audits, and selecting and implementing GRC technology and software solutions to help clients adapt to changes, manage risk, and achieve compliance. The document also provides examples of Riskpro's risk management solutions for stock broker companies and lists key compliance requirements in various areas.
Conifer Financial Services, a leading global asset servicing firmSarah Huntington
Confidence in Conifer
Boutique Approach. Institutional Expertise.
Conifer Financial Services is an institutional firm with an entrepreneurial heritage. Bringing together some of the best and brightest professionals from the industry, we have built a high-caliber team of experts, along with a suite of innovative products, to meet the needs of our clients.
Confiànce Risk Monitor provides investment performance reporting and risk monitoring services tailored to clients' needs. They monitor portfolios and provide regular reports and alerts when limits are breached. Their services include fund analysis, attribution analysis to understand drivers of risk and return, and client interaction through customized reporting templates and data access tools. Confiànce was founded after the 2008 financial crisis to provide outsourced risk monitoring and helps clients improve governance and performance.
This document provides a summary of Deepakraj Devaraj's work experience and achievements. Some of his key responsibilities and achievements include successfully migrating securities finance processes from London to Chennai, being a single point of contact for process queries, creating documentation and training new employees, and ensuring payments and charges are processed efficiently. He has extensive experience gathering requirements, communicating with management, and ensuring compliance. Deepakraj has expertise in process migration and is proficient in various applications related to securities finance, cash operations, and trade support.
InvoiceFair - Supply Chain Funding, Beyond The BanksEmma Fortune
InvoiceFair provides alternative financing solutions for SMEs through an online auction platform. It allows companies to access cash quickly by selling approved invoices, purchase orders, and recurring revenues to institutional investors through the platform. InvoiceFair has funded over €300 million for customers across various sectors. It aims to give SMEs control over their funding and more flexible options compared to traditional banks.
The document summarizes information about the Finamatrix Quant Fund (FQF), an exclusive quantitative fund originating from Singapore that invests in global futures, currencies, and derivatives. It implements advanced quantitative models and algorithms to achieve absolute returns in both bull and bear markets with low monthly drawdowns. The fund is managed by Finamatrix, a leading quant research firm, and aims to provide annualized returns over 100% through automated algorithmic trading while strictly controlling risks. The document provides details on the fund's strategies, historical performance, terms, and subscription/redemption process.
The sudden volatility in the Canadian dollar in recent years has resulted in large losses for Canadian importers who were unprepared. A sound hedging policy is important to manage foreign exchange risk regardless of market conditions. Canadian importers and exporters should establish robust risk identification, aggregation, and management policies to better handle FX exposure and reduce losses from unexpected currency movements.
Cambridge Mercantile Group is a global leader in payment processing and foreign exchange risk management. They help companies of all sizes streamline payments, optimize financial performance, and manage FX volatility through integrated global payment solutions, FX hedging strategies, and programs to convert checks to electronic payments. Cambridge takes a consultative approach and works with clients to develop customized solutions tailored to their specific business needs and goals.
With improving trends and the need for new investment products, Asset Under Management(AUM) have continued to evolve.
Staying focused on asset allocation and diversification, Mindtree has worked with the leading banks, asset and wealth management firms, superannuation funds for more than 10 years.
Rami Bahroun has over 8 years of experience in the banking industry. He holds a Bachelor's Degree in Commerce with a major in Accounting and is fluent in English, French, and Arabic. Currently, he works as a Senior Credit Control Officer at CIBC in Montreal, where his responsibilities include verifying loan documentation, reviewing security documents, analyzing issues, and ensuring compliance. Previously, he held credit and operations roles at Barclays Bank and worked in retail operations and sales at various companies in Saudi Arabia, Egypt, and Canada.
Prospero Asset Management Software by FINARTIS is a solution that helps asset managers stay ahead of the curve by analyzing & trading any kind of financial instrument.
Visit https://www.finartis.com/asset-management/ for more information.
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
The document discusses anti-money laundering processes and controls. It provides background on money laundering and challenges to detecting it. It then outlines regulatory guidelines for know-your-customer (KYC) and anti-money laundering (AML) processes, as well as process controls, technology controls, and examples of AML alerts focused on monitoring staff accounts and dormant accounts. The goal is to detect suspicious transactions and prevent money laundering.
The document discusses anti-money laundering processes and controls. It provides background on money laundering and challenges to detecting it. It then outlines regulatory guidelines for know-your-customer (KYC) and anti-money laundering (AML) processes, as well as process controls, technology controls, and examples of AML alerts for monitoring staff accounts and dormant accounts. The goal is to establish controls and detection mechanisms to identify suspicious transactions and prevent money laundering.
Kantox is a fintech company that offers FX management solutions to help global businesses manage currency exposure and automate foreign exchange transactions. It provides a transparent platform where customers can centralize FX operations, purchase or sell currencies, make international payments, and monitor currency risk. Key features include spot and forward transactions in over 35 currencies, free international payments, real-time rates and alerts, multi-user access, and expertise from FX specialists. The platform aims to help customers better understand costs, control users and subsidiaries, and react efficiently to market changes.
EastNets AML Transactions Monitoring SolutionZraiqat
EastNets is a leading provider of compliance and payment solutions with over 25 years of experience. It has over 1,000 customers in 120 countries and 300 employees, including 10 certified anti-money laundering specialists. SafeWatch Profiling is EastNets' automated transactions monitoring solution that helps financial institutions meet regulatory requirements to fight money laundering and terrorist financing through monitoring customer accounts and transactions to detect abnormal patterns and manage detected cases.
Reliable customer support and service are vital features of forex payment processing. Businesses need access to knowledgeable and responsive support teams that can assist with transaction issues, technical problems, and other inquiries. Visit us at:
D.C. Innovative Consultancy B.V. is a consulting firm that offers payment processing services like SWIFT consulting, project management, migration services, and training to banks and corporations. The company was founded by Dexter Cecilia to provide innovative solutions in areas like payments processing, KYC/AML, and sanctions screening. Services are offered through strategic partnerships with companies like PayCommerce, AML Partners, and Swallow Technology that provide specialized software and expertise in areas like behavioral monitoring, sanctions screening, and reconciliation. The vision is to help clients become more effective and efficient in their operations through outsourcing of services.
management of foreign exchange and risk managementAjilal
This document discusses various techniques for managing foreign exchange risk and exposure. It begins by defining foreign exchange exposure and risk for business firms engaged in international business. It then discusses managing transaction risk through hedging techniques like forward hedges, money market hedges, option market hedges, and future hedges. It also discusses internal risk management techniques used by multinational companies like netting, matching, leading and lagging, and pricing policies. Finally, it discusses managing operating risk and translation exposure.
The document discusses Riskpro's Governance, Risk, and Compliance (GRC) offering and approach for capital markets clients. It provides an overview of Riskpro's services in the areas of governance, risk management, and compliance. These include defining risk appetite, implementing risk scorecards, scanning emerging risks, policy development, regulatory reviews and audits, and selecting and implementing GRC technology and software solutions to help clients adapt to changes, manage risk, and achieve compliance. The document also provides examples of Riskpro's risk management solutions for stock broker companies and lists key compliance requirements in various areas.
Conifer Financial Services, a leading global asset servicing firmSarah Huntington
Confidence in Conifer
Boutique Approach. Institutional Expertise.
Conifer Financial Services is an institutional firm with an entrepreneurial heritage. Bringing together some of the best and brightest professionals from the industry, we have built a high-caliber team of experts, along with a suite of innovative products, to meet the needs of our clients.
Confiànce Risk Monitor provides investment performance reporting and risk monitoring services tailored to clients' needs. They monitor portfolios and provide regular reports and alerts when limits are breached. Their services include fund analysis, attribution analysis to understand drivers of risk and return, and client interaction through customized reporting templates and data access tools. Confiànce was founded after the 2008 financial crisis to provide outsourced risk monitoring and helps clients improve governance and performance.
This document provides a summary of Deepakraj Devaraj's work experience and achievements. Some of his key responsibilities and achievements include successfully migrating securities finance processes from London to Chennai, being a single point of contact for process queries, creating documentation and training new employees, and ensuring payments and charges are processed efficiently. He has extensive experience gathering requirements, communicating with management, and ensuring compliance. Deepakraj has expertise in process migration and is proficient in various applications related to securities finance, cash operations, and trade support.
InvoiceFair - Supply Chain Funding, Beyond The BanksEmma Fortune
InvoiceFair provides alternative financing solutions for SMEs through an online auction platform. It allows companies to access cash quickly by selling approved invoices, purchase orders, and recurring revenues to institutional investors through the platform. InvoiceFair has funded over €300 million for customers across various sectors. It aims to give SMEs control over their funding and more flexible options compared to traditional banks.
The document summarizes information about the Finamatrix Quant Fund (FQF), an exclusive quantitative fund originating from Singapore that invests in global futures, currencies, and derivatives. It implements advanced quantitative models and algorithms to achieve absolute returns in both bull and bear markets with low monthly drawdowns. The fund is managed by Finamatrix, a leading quant research firm, and aims to provide annualized returns over 100% through automated algorithmic trading while strictly controlling risks. The document provides details on the fund's strategies, historical performance, terms, and subscription/redemption process.
The sudden volatility in the Canadian dollar in recent years has resulted in large losses for Canadian importers who were unprepared. A sound hedging policy is important to manage foreign exchange risk regardless of market conditions. Canadian importers and exporters should establish robust risk identification, aggregation, and management policies to better handle FX exposure and reduce losses from unexpected currency movements.
Cambridge Mercantile Group is a global leader in payment processing and foreign exchange risk management. They help companies of all sizes streamline payments, optimize financial performance, and manage FX volatility through integrated global payment solutions, FX hedging strategies, and programs to convert checks to electronic payments. Cambridge takes a consultative approach and works with clients to develop customized solutions tailored to their specific business needs and goals.
With improving trends and the need for new investment products, Asset Under Management(AUM) have continued to evolve.
Staying focused on asset allocation and diversification, Mindtree has worked with the leading banks, asset and wealth management firms, superannuation funds for more than 10 years.
Rami Bahroun has over 8 years of experience in the banking industry. He holds a Bachelor's Degree in Commerce with a major in Accounting and is fluent in English, French, and Arabic. Currently, he works as a Senior Credit Control Officer at CIBC in Montreal, where his responsibilities include verifying loan documentation, reviewing security documents, analyzing issues, and ensuring compliance. Previously, he held credit and operations roles at Barclays Bank and worked in retail operations and sales at various companies in Saudi Arabia, Egypt, and Canada.
Prospero Asset Management Software by FINARTIS is a solution that helps asset managers stay ahead of the curve by analyzing & trading any kind of financial instrument.
Visit https://www.finartis.com/asset-management/ for more information.
RISKPRO INDIA
• Riskpro is India’s first national practice dedicated to risk management services and training, corporate governance, and global regulatory compliances
• Risk can be defined as a prospect of loss or reduced gain that can adversely affect the achievement of an organisation’s objectives
• When greed overtakes need, it spells trouble. Manifested as ‘bankruptcy’ in much of the developed world and ‘corruption’ closer to home, greed has clearly disrupted some major industrialised economies and enhanced the risks of doing business
• In today’s world, risks are not few. The reason companies so often fail to systematically manage their key risks is rooted in the way they define the risks they face. Risks are manageable and the answer to untapped business opportunities that lie dormant waiting for risk factors to turn favourable
• Riskpro was founded in 2009 with offices in Mumbai, Delhi, and Bangalore and it has already added eight member firms in Ahmedabad, Agra, Chennai, Gurgaon, Hyderabad, Jaipur, Ludhiana, and Pune. All our offices and member firms are well equipped and staffed with qualified professionals viz. CA, CWA, CS, CPA, CIA, CISA, CFA, and MBA
• Riskpro’s founders are qualified risk management specialists with extensive work experience in Europe and USA in several industries and financial institutions
• Riskpro aims to be the preferred service provider for large and medium enterprises on risk protection, corporate governance, and global regulatory issues; delivering state-of-the-art quality and timely services at viable rates
RISKPRO SERVICES
• Our four major practice specialisations /service lines are:
Risk: Enterprise Risk Management (services and training & recruitment)
Governance: Corporate Governance and Transparency
Compliance: Global and Indian Regulatory Compliances
Training: in all of the above service lines
• The Risk Practice deals with all classes of risks and processes viz. governance, strategic, systemic /infrastructure, compliance, reporting, and financial reporting. Processes require that key risks are properly identified, measured, monitored, controlled, and reported. Processes may also require tools like risk based internal audit, information security testing, and fraud investigations, to be employed
• The Governance Practice deals with corporate oversight and risk governance issues within an organization including business continuity planning, compliance with SEBI guidelines by listed companies, regulations relating to independent directors, investor expectation and protection, Clause-49 on corporate governance, etc
• The Compliance Practice covers a wide range of regulatory and environmental compliances including Sox, IFRS, Solvency II, Basel II /III, Corporate Laws & Direct Tax Code etc
• The Training Practice comprises of a variety of structured and /or industry specific training programs and modules designed and conducted by Riskpro experts and trainers at onsite (client or other off
The document discusses anti-money laundering processes and controls. It provides background on money laundering and challenges to detecting it. It then outlines regulatory guidelines for know-your-customer (KYC) and anti-money laundering (AML) processes, as well as process controls, technology controls, and examples of AML alerts focused on monitoring staff accounts and dormant accounts. The goal is to detect suspicious transactions and prevent money laundering.
The document discusses anti-money laundering processes and controls. It provides background on money laundering and challenges to detecting it. It then outlines regulatory guidelines for know-your-customer (KYC) and anti-money laundering (AML) processes, as well as process controls, technology controls, and examples of AML alerts for monitoring staff accounts and dormant accounts. The goal is to establish controls and detection mechanisms to identify suspicious transactions and prevent money laundering.