Location

Community Services & Continuing Education - Cairo

Objectives

• The general objective of the training program is to understand:• The organizational structure of the Banking Compliance and Corporate Governance Group• Basic principles of commitment• Duties and powers granted to the commitment function• Compliance assessment criteria• Combating money laundering and terrorist financing• Customer acceptance policy• Scope of application of Know Your Customer policy• Risk management systems for money laundering and terrorist financingRisk assessments• Illustrative examples

Outcomes

After completing this programme, the trainee will be able to: Comprehension or familiarity with the following:• The organizational structure of the Banking Compliance and Corporate Governance Group• Basic principles of commitment• Duties and powers granted to the commitment function• Compliance assessment criteria• Combating money laundering and terrorist financing• Customer acceptance policy• Scope of application of Know Your Customer policy• Risk management systems for money laundering and terrorist financingRisk assessments

Course Contents

Training program topics:The first part: the concept of commitment and the basic principles of commitmentPart Two: Duties and powers granted to the compliance function and criteria for evaluating compliancePart Three: Combating Money Laundering and Terrorist FinancingPart Four: Customer Acceptance Policy, Identification and Determining the Risk Level for Each CustomerPart Four: Practical applications and discussion of frameworks, policies and procedures for applying compliance and combating money laundering and financing terrorism in various institutionsPart V: Regulatory and legal controls, methodologies and legislation