Description
Are you a reporting institution? Do you want to know more about anti-money laundering and counter financing of terrorism (AML/CFT)? Join us at Karnival Kewangan Kuala Terengganu 2019 on 4 & 5 April 2019 at Tabung Haji Hotel & Convention Centre (THHCC) to better understand your obligations as a reporting institution and the requirements of Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).
Programme Outline:
- Exposure of DNFBPs to money laundering and terrorism financing (ML/TF) risks
- How compliance with the AMLA protects DNFBPs from ML/TF vulnerabilities Bank Negara Malaysia’s (BNM) supervisory approach and observations
- Consequences of non-compliance
T H U R S D A Y , 4 A P R I L 2 0 1 9
VENUE: BILIK NILAM, THHCC
9.30am – 11.30am
National AML/CFT Compliance Programme 1
For Dealers in Precious Metal and Stones, Moneylenders, Pawnbrokers and Registered Estate Agents
2.30pm – 4.30pm
National AML/CFT Compliance Programme 2
For Accountants, Lawyers and Company Secretaries
F R I D A Y , 5 A P R I L 2 0 1 9
VENUE: BILIK NILAM, THHCC
9.30am – 10.30am
Discussion 1 – Customer Due Diligence
- What is required for CDD?
- When to conduct EDD and/or ODD?
- Who are PEPs?
- What are High Risk Countries?
- When can you rely on third parties?
10.30am – 11.30am
Discussion 2 – Suspicious Transaction Report (STR)
- How to establish STR reporting mechanism?
- What are the red flags?
- How to submit STRs?
11.30am – 12.30pm
Discussion 3 – Risk Based Approach
- How to apply risk based approach?
- What are the risk factors to consider?
