X

Workshop on “Anti Money Laundering / Combating Financing of Terrorism”

This AML/CFT and KYC training program is designed to build the capacity of banking and financial institution (BFI) professionals to effectively identify, prevent, and report money laundering and terrorist financing risks, while enhancing their understanding of current regulatory requirements, practical compliance measures, and risk-based approaches essential for maintaining robust AML/CFT frameworks. The program also emphasizes real-world case studies and practical applications to help participants confidently implement compliance measures in their day-to-day operations.

Objectives of the program:

  • Deepen understanding of AML/CFT compliance requirements and obligations.
  • Apply relevant policies, guidelines, and standards to identify and prevent ML/TF activities.
  • Implement risk-based approaches in customer onboarding and monitoring.
  • Identify ML/TF red flags and manage customer classification efficiently.
  • Comprehend regulatory frameworks and the implications of non-compliance.
  • Minimize institutional AML/CFT risks through informed decision-making and heightened risk awareness
Topics
Days
Workshop on “Anti Money Laundering / Combating Financing of Terrorism”
1 Day
Total
1

What will you learn with this program:

Introduction to AML/CFT

  • Financial Crime Landscape
  • Key Concepts of Anti-Money Laundering and Counter-Terrorist Financing
  • Effects of Money Laundering and Terrorist Financing
  • AML/CFT Structure and Framework
  • FATF Guidelines and International Standards
  • Prevention: Safeguarding BFIs from misuse
  • Key Red Flags of Money Laundering
  • Customer Due Diligence and Acceptance Policy

Methods for Managing ML/TF Risks

Detection Mechanisms

  • KYC Principles and Customer Due Diligence (CDD)
  • Risk-Based Customer Categorization
  • Enhanced Due Diligence
  • Know Your Employee (KYE)
  • Know Your Customer’s Customer (KYCC)

Control and Mitigation Measures

  • Regulatory Reporting Requirements
  • Preventive and Corrective Actions

AML/CFT Regulatory Framework

  • Assets (Money) Laundering Prevention Act, 2008
  • AML/CFT Practices in Nepal
  • Nepal Rastra Bank (NRB) AML/CFT Directives

Methodology:

  • Interactive and practical sessions
  • Real-world examples and case studies
  • Facilitated group discussions and Q&A
  • PowerPoint-supported presentations

Targeted-groups:

This training is intended for senior BFI professionals, including assistant, officers, and assistant managers, involved in KYC and compliance management, reporting, and supervisory roles, especially those responsible for leading teams and ensuring effective customer onboarding, verification, and AML/CFT compliance.

Duration:

1 day

Investment:

Rs. 7500 (excluding VAT)