18th October, 2017

Movenpick Hotel, Karachi

Rs. 14,000

Plus 13% SRB tax will be applied

Business Training
AML& CFT

Course Overview

This AML | CFT training and awareness program is intended to familiarize employees
with the process of money laundering the criminal business used to disguise the
true origin and ownership of illegal cash and the laws that make it a crime. Such
crimes may turn out to be Money Laundering or money that is used in Terrorist
Financing.
Training is one of the most important ways to ensure that AML | CFT measures are
being effectively implemented within an organization.
The effectiveness of any AML/CFT legal framework revolves around the ability of staff
to apply the provisions of the relevant laws, regulations and a companys internal poli-
cy. This is not as straight forward as it may seem; often rules need to be interpreted
in the daily work to becomeeffective deterrents to curb against financial crime. It will
come as no surprise therefore that AML/CFT training is an essential component in
any strategy against financial crime.

However, it is not sufficient to just know the rules; staff must be able to interpret and
apply these rules correctly in their daily work, i.e. have the right level of AML/CFT
awareness. This training and awareness program aims to be a structured approach to
develop its AML/CFT training program for its clients to maximize the learning benefits
and focus on enhancing AML/CFT awareness.

Workshop to be conducted by Mr. Freddy Sethna

Freddy Sethna has immense experience of over thirty five years in the banking
sector, and he has journeyed through a number of banks, which include United Bank
Ltd, Saudi French Bank in Saudi Arabia, Standard Chartered Bank, Deutsche Bank
and Allied Bank Ltd. The key areas covered Customer Services, Operations, IT and
Compliance. The spotlight on Compliance started in the year 2000 whilst in Deutsche
Bank, and in 2003, he was assigned the conscientious and responsible position as
the Head of Legal and Compliance at Standard Chartered Bank, Pakistan. During the
last six years of his banking career, he headed the Compliance Division at Allied
Bank Ltd., and served as the Chief Anti Money Laundering Officer for the bank. Be-
sides performing his function in the Compliance Division, he has a passion for training
Compliance and Branch Banking staff, in areas of Anti Money Laundering and Com-
bating of Financial Terrorism, thereby heightening the awareness in money launder-
ing trends, and assessing the various vulnerabilities that are present in the digital
world today.
 COURSE OUTLINE:
What is Money Laundering
What is Terrorist Financing
What forms or methodologies are adopted towards
money laundering
What Banks can do towards effective money
laundering controls
Explaining PEPs / NGOs / NPOs
Revised Prudential Regulations R1 to R6 in the
context of CDD / Correspondent Banking / Wire
Transfers / STRs / CTRs / Record Keeping / Internal
Controls / Policies / Compliance / Audit / Training
Suspicious Transactions / Recognition / Non-
Reporting Consequences
About FATCA an Overview to catch Fat Cats
Money Laundering Typologies
The Revised 40 FATF Recommendations of Feb
2012
FMU - Roles / Responsibilities / Actions / Powers
OFAC Role / Sanctions / Actions
Importance of Automated AML Solutions
AML | CFT Videos
BENEFITS / DETRIMENTS OF AML | CFT TRAINING & AWARENESS:
Fulfills regulatory training requirements
Updates staff on prevailing AML standards
The burden to stop money laundering largely falls on
individual financial institutions, a lack of AML training
and failure to enforce money laundering laws can
result in multi-million dollar fines.
The irreversible reputational damage to an institution
is more difficult to quantify but equally destructive to
both the organization involved and its employees
WHO SHOULD ATTEND?
HO/Regional staff looking after centralized
Operations.
Front end and Operation staff in branches.
Compliance Staff
Auditors
All those who are interested.
TERMS:
Programme fee includes detailed course material,
lunch and refreshments and personalized
consulting opportunities throughout the workshop.
To guarantee your participation/registration, full
payment must be received one week before the
date of workshop.
Participation Fee : Rs.14,000/ Participate.
Timing: 9:00 a.m. To 5:00 p.m.
Multiple Registration -10% discount on three or
more participants of the same organization .
Cancellation received in writing up to 7 working
days prior to the workshop will be subject to a ser-
vice charge of 20% of the programme fee.
The full fee remains payable on and after this date.
Substitutions are welcome at any time before the
day of workshop .
For Reservations, please contact
Sheema Zain (0332 8200866, 0332 8200865)
Mohammad Irfan (03343774255)
In event of unforeseen circumstances ICIL
reserves the right to cancel the event .
6-C, Ittehad Lane 2, Phase VI, DHA Karachi.
E-mail: training@icilpk.com
bts.mktg@icilpk.com
Sheema.zain@icilpk.com