🚨 Certified Financial Crime Compliance (FCC) and AML/CFT Specialist Training

Course Outline

Module 1: Global Regulatory Frameworks and the Risk-Based Approach (FATF, Basel)

ü  The FATF 40 Recommendations and Implementation Strategy

ü  The Role of Regulatory Bodies (FinCEN, OFAC, FIUs)

ü  Principles of the Risk-Based Approach (RBA) in Compliance

ü  Legal and Regulatory Obligations for AML/CFT Programs

ü  Practical Session: Mapping Organizational Policy to the FATF RBA Model

Module 2: Anti-Money Laundering (AML) and CFT Typologies and Trends

ü  Stages of Money Laundering (Placement, Layering, Integration)

ü  Advanced Money Laundering Typologies (Trade-Based ML, Shell Companies)

ü  Distinguishing between AML and CFT risks and indicators

ü  Financing of Terrorism Methodologies and Proliferation Financing

ü  Practical Session: Case Study Analysis of a Complex Trade-Based ML Scheme

Module 3: Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) Mastery

ü  Core Requirements for Know Your Customer (KYC) and CDD

ü  Identifying and Verifying the Beneficial Owner (BO)

ü  Triggers and Procedures for Enhanced Due Diligence (EDD)

ü  Handling Politically Exposed Persons (PEPs) and High-Risk Jurisdictions

ü  Practical Session: Developing a Comprehensive EDD Profile for a High-Risk Client

Module 4: Sanctions Compliance and International Trade Finance

ü  Overview of Major Sanctions Regimes (OFAC, UN, EU)

ü  Sanctions Screening Tools and Alert Management

ü  Compliance Challenges in Correspondent Banking and Trade Finance

ü  Managing Licensing, Blocking, and Unblocking Requirements

ü  Practical Session: Analyzing a Sanctions Screening Alert and Decision-Making

Module 5: Transaction Monitoring and Alert Management

ü  Designing and Tuning Rule-Based Monitoring Systems

ü  Utilizing Behavioural Analytics and AI in Transaction Monitoring

ü  Investigating and Closing Alerts Efficiently

ü  Back-Testing and Validation of Monitoring Models

ü  Practical Session: Reviewing and Justifying the Closure of Transaction Alerts

Module 6: The Suspicious Activity Report (SAR) Lifecycle

ü  Thresholds and Indicators for Filing a Suspicious Activity Report (SAR) (or STR/CTR)

ü  The Process of Internal Investigation and Documentation

ü  SAR Narrative Writing and Content Requirements

ü  Managing the Legal Risks of Non-Filing and Tipping Off

ü  Practical Session: Drafting a SAR Narrative Based on Investigative Findings

Module 7: Financial Crime Risk Assessment (FCRA) and Governance

ü  Methodologies for conducting an Enterprise-Wide Financial Crime Risk Assessment (FCRA)

ü  Risk Scoring Models for Products, Customers, and Geographies

ü  Integrating FCRA Results into Control Design and Resource Allocation

ü  Governance Structure for Oversight and Reporting to the Board

ü  Practical Session: Mapping Controls to Mitigation the Highest-Rated Financial Crime Risks

Module 8: Digital Transformation, FinTech, and Emerging AML Risks

ü  AML Challenges Posed by Cryptocurrencies and Virtual Assets

ü  Compliance in the FinTech and RegTech Ecosystem

ü  Risks Associated with Digital Onboarding and Instant Payments

ü  Leveraging Technology for AML Automation and Efficiency

ü  Practical Session: Developing an AML Risk Mitigation Plan for a Virtual Asset Service Provider

Module 9: Internal Investigations and Regulatory Examination Management

ü  Planning and Scoping an Internal Financial Crime Investigation

ü  Evidence Collection, Interview Techniques, and Data Forensics

ü  Managing the Regulatory Examination Process and Document Requests

ü  Remediation Planning Following Audit or Regulatory Findings

ü  Practical Session: Role-Playing a Regulatory Interview Scenario

Module 10: Building a Culture of Compliance and Ethics

ü  The Importance of Tone-at-the-Top and Ethical Leadership

ü  Designing Effective AML/CFT Training and Awareness Programs

ü  Whistleblower Protection and Internal Reporting Channels

ü  Metrics for Measuring and Assessing Compliance Culture

ü  Practical Session: Developing a Targeted AML Training Module for Front-Line Staff

About Our Trainers

Our trainers are certified AML specialists and former Chief Compliance Officers (CCOs) or Managing Directors from major global financial institutions. They possess over 15 years of direct experience implementing AML/CFT frameworks, navigating complex regulatory examinations (e.g., OCC, FCA), and dealing with sanctions compliance issues (OFAC). Their expertise ensures the course is grounded in regulatory requirements and real-world operational best practices.

Quality Statement

Phoenix Training Center is committed to delivering a premier Financial Crime Compliance and AML/CFT Specialist Training. Our curriculum is continuously benchmarked against the latest FATF standards, global regulatory changes, and emerging money laundering typologies. We guarantee a rigorous, practical, and highly specialized learning experience essential for top-tier compliance professionals.

Admission Criteria

ü  Participants should be reasonably proficient in English. 

ü  Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737296202

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor-Made Courses

We understand that every organization has unique challenges and opportunities as well as unique training needs. Phoenix Training Center offers tailor-made courses designed to address specific requirements and challenges faced by your team or organization. Whether you need a customized curriculum, a specific duration, or on-site delivery, we can adapt our expertise to provide a training solution that perfectly aligns with your objectives.

We can customize this Course to focus on your industry, specific risk profile, or internal stakeholder dynamics. Contact us to discuss how we can create a bespoke training program that maximizes value and impact for your team. For further inquiries, please contact us on Tel: +254720272325 / +254737296202 or Email training@phoenixtrainingcenter.com

Accommodation and Airport Pick-up

For physical training attendees, we can assist with recommendations for accommodation near the training venue. Airport pick-up services can also be arranged upon request to ensure a smooth arrival. Please inform us of your travel details in advance if you require these services. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737296202