Course Outline

Introduction

Overview of FATF

  • History and objectives of FATF
  • Structure and membership
  • Role in global AML/CFT standards

Understanding FATF Recommendations

  • Detailed review of the 40 FATF Recommendations
  • Key concepts: Risk-Based Approach, Technical Compliance, and Effectiveness

Introduction to Mutual Evaluations

  • Purpose and importance of mutual evaluations
  • Key stages in the mutual evaluation process

Preparing for a Mutual Evaluation

  • Pre-evaluation activities and national coordination
  • Role of the national assessment team
  • Collecting and organizing relevant data and documentation

Assessing Technical Compliance

  • Detailed explanation of technical compliance criteria
  • Gathering evidence for compliance assessment

Effectiveness Assessment

  • Understanding effectiveness ratings
  • Evaluating outcomes: immediate outcomes and core issues

Planning and Conducting On-Site Visits

  • Developing an on-site visit plan
  • Techniques for effective interviews and data collection
  • Role-playing exercises and mock interviews

Stakeholder Engagement

  • Engaging with government agencies, financial institutions, and other stakeholders
  • Ensuring cooperation and transparency
  • Addressing challenges and conflicts

Drafting the Mutual Evaluation Report

  • Structure and components of the report
  • Writing clear and concise findings

Review and Feedback Process

  • FATF Plenary and the review process
  • Addressing feedback and making revisions
  • Ensuring the quality and accuracy of the final report

Follow-Up and Monitoring

  • Understanding the follow-up process
  • Preparing for follow-up assessments and progress reports
  • Implementing recommendations and making improvements

Continuous Improvement and Best Practices

  • Learning from past evaluations
  • Sharing best practices and experiences
  • Developing action plans for ongoing compliance and effectiveness

Advanced Analytical Techniques

  • Data analysis and interpretation for mutual evaluations
  • Using technology and tools for data management and reporting

Summary and Next Steps

Requirements

  • Basic knowledge of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) principles and practices

Audience

  • Compliance officers
  • Policymakers
  • Assessors
  • Legal professionals
 21 Hours

Number of participants


Price per participant

Testimonials (3)

Upcoming Courses

Related Categories