The regulator stipulates that as part of an effective AML/CFT governance framework, entities should continuously train their staff on their internal policies, procedures, and controls. The training also needs staff members to identify suspicious activities or suspicious transactions while dealing with their customers. Training plays an important part in meeting the regulatory requirement.
It is incumbent upon the Compliance Officers of the entities to establish and maintain a strong compliance culture within the organization. All the regulators or supervisors stipulate that entities should maintain AML training plan, AML training records and AML training certificates. They seek evidence of such documents whenever they conduct AML regulatory reviews with entities.
We at Adventant work closely with your Compliance Officers in designing a tailor-made training that gives you the confidence that there is a consistent level of AML awareness across your organization. We have expertise in the AML regulations promulgated by various supervisors in UAE like, Central Bank of UAE (CBUAE), Dubai Financial Services Authority (DFSA), Abu Dhabi Global Market (ADGM), Securities and Commodities Authority (SCA) and Ministry of Economy (for DNFBPs). Our trainers have experience working for or consulting with entities from different types of industries namely,
The AML/CFT landscape keeps changing with new regulations. New typologies keep evolving due to the miscreants who attempt to circumvent detection by your organization. Our training program enables your front-line and back-office operations staff to work in tandem to identify ML/TF risks. Our training includes real life examples from within your industry.
