Training Course on Anti-Money Laundering and Combating the Financing of Terrorism

Course Overview
Financial institutions are at the frontline of efforts to combat money laundering and the financing of terrorism. Criminal elements continue to exploit weaknesses in financial systems to legitimize illicit gains or channel funds to illegal networks, posing severe threats to financial integrity, national security, and institutional reputation. As regulators intensify scrutiny and global compliance frameworks evolve, financial institutions must build robust AML/CFT systems and promote a culture of vigilance, ethics, and transparency.
This course provides a practical, comprehensive guide to implementing effective Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures within financial institutions. Grounded in international standards—including the Financial Action Task Force (FATF) recommendations and local regulatory frameworks—it equips participants with tools to identify suspicious transactions, assess risk, implement internal controls, and comply with reporting obligations.
Participants will explore key concepts such as customer due diligence (CDD), know-your-customer (KYC) processes, transaction monitoring, suspicious activity reporting (SAR), sanctions screening, and AML/CFT audits. The course also addresses institutional governance, staff training, and board accountability in promoting compliance and reducing legal exposure.
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Course Objectives
By the end of the course, participants will be able to:
•Understand the global and national AML/CFT frameworks and compliance obligations
•Conduct customer due diligence and enhanced due diligence effectively
•Identify red flags and suspicious patterns in transactions
•Design and implement AML/CFT internal controls and reporting systems
•Prepare for regulatory inspections and mitigate institutional AML risks
•Promote a culture of compliance and ethics across the institution
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Target Audience
This course is ideal for:
•Compliance officers and AML/CFT reporting officers
•Risk and internal audit professionals in financial institutions
•Board members and senior management with AML oversight roles
•Front-line staff in banking, SACCOs, MFIs, and remittance agencies
•Regulators, law enforcement agents, and financial sector supervisors
•Legal officers and consultants in financial crime compliance
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Training Methodology
•Expert-led sessions by AML/CFT specialists and compliance professionals
•Interactive group exercises on case identification and red flag analysis
•Practical workshops on risk-based approaches and CDD processes
•Real-life case studies on enforcement actions and institutional failures
•Templates, checklists, and tools for implementation and reporting
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Expected Outcomes
Participants will:
•Strengthen their institution’s AML/CFT compliance posture
•Detect and respond to suspicious activities more effectively
•Reduce exposure to regulatory fines, reputational risk, and legal liability
•Align institutional policies with evolving FATF and local AML/CFT standards
•Develop an institutional AML/CFT compliance improvement plan