# Anti-Money Laundering and Financial Crime

> Detect and prevent money laundering and terrorist financing in line with FATF standards and local law.

- **Provider:** Afriskora Training Solutions
- **Category:** Governance, Risk & Compliance
- **Duration:** 5 days
- **Formats:** classroom (cities across Africa), live virtual (Zoom/Teams), in-house for teams
- **Certificate:** Afriskora Certificate of Completion, verifiable online
- **Booking:** request dates and a quote; invoice and EFT payment
- **Web page:** https://afriskora.co.za/courses/governance-risk-compliance/anti-money-laundering
- **Request dates:** https://afriskora.co.za/request-training?course=anti-money-laundering

## Overview

This course covers money laundering methods, FATF recommendations and grey-listing implications, customer due diligence, transaction monitoring, suspicious transaction reporting and sanctions, with references to FIC and equivalent laws across Africa.

## Who should attend

- Compliance and AML officers
- Bank and financial services staff
- Regulators and supervisors
- Auditors and investigators

## Learning outcomes

- Explain money laundering and terrorist financing methods
- Apply FATF standards and local legislation
- Conduct risk-based customer due diligence
- Monitor transactions and report suspicions
- Manage sanctions and PEP risk

## Course outline

### Day 1: Understanding financial crime

- Money laundering stages
- Terrorist financing
- Typologies in Africa
- FATF and grey-listing

### Day 2: Legal framework

- FIC Act and equivalents
- Supervisory expectations
- Penalties
- Record keeping

### Day 3: Customer due diligence

- Risk-based approach
- KYC and beneficial ownership
- PEPs
- Enhanced due diligence

### Day 4: Monitoring and reporting

- Transaction monitoring
- Red flags
- Suspicious transaction reports
- Sanctions screening

### Day 5: AML programme

- Risk assessment
- Training
- Independent testing
- Case exercise