Event Details

#2 - Introducing our AML training programme - Course 2 of 7

This is the 2nd course in our AML training programme with a look at the risk-based approach (RBA). There are 7 courses included in the programme. (see below). This course provides the audience with a look at compliance and both client and business risk assessments in line with the risk-based approach.


Key take-aways

This course lays the groundwork for the risk-based approach (RBA) to AML compliance and risk assessment. It will position how to:

  • implement a risk based approach
  • draft and structure a business risk assessment and make recommendations
  • structure a client risk assessment and the implications of such an assessment
  • implement and structure monitoring of control effectiveness
  • manage regulatory and other inspections
  • enhance you BRA with the support of technology
  • understand how all of the above will assessed in the board exam


Who should attend

The programme is specifically recommended for those who are planning to write the AMLC Prac (SA) board exam, e.g.

  • AML advisors
  • Consultants providing AML compliance related services to clients
  • Assurance providers
  • AML compliance officers
  • Internal auditors
  • Risk managers


Preparation for the course

  • You require a basic understanding of FICA, POCDATRA and POCA as well as the FATF recommendation 1- Assessing risks & applying a risk-based approach.


Included in the training

  • Slide deck
  • Detailed course layout
  • Practical assessments and exercises during the training
  • Other reference material provided during the event


CPD: 6 hours


Investment (Virtual)

Member: R2,400.00 excl. VAT | R2,76015.00 incl. VAT

Non-member: R2,640.00 excl. VAT | R3,036.00 incl. VAT

Non-SA options for above excludes VAT

For inhouse training enquire at enquiries@compliancesa.com or complete this inhouse enquiry form​


Your professional development roadmap, - what is next?"

The AML training programme consists of a total of 7 courses in the series. These are the next courses in order of sequence. It is highly recommended to attend all courses in the series in preparation for the AMLC Prac (SA) board exam however it is not compulsory:

  • (1) AML in South Africa (6 hours)
  • (3) AML - Mastering AML Reporting in the South African Arena (12 hours over 2 days)
  • (4) AML - Building Bulletproof AML Record-Keeping Systems (6 hours over 1 day)
  • (5) AML - Risk Management and Compliance Programs (RMCPs) (12 hours over 2 days)
  • (6) AML - Deploying Technology against Money Laundering (12 hours over 2 days)
  • (7) AML - Audit and programme enhancement (3 hours)

Speakers

  • Willem Kruger (Consultant AML, CFT, PF and sanctions at Nedbank)

    Willem Kruger

    Consultant AML, CFT, PF and sanctions at Nedbank

    Willem holds an AMLC Prac (SA) with over 30 years of experience in finance and banking.
    During his time in banking he obtained a wide range of experience across the various risk channels of the banks I worked for. This included contact with the regulators (SARB, FSCA and JSE) and the international correspondent banks servicing the banks he worked for. This has provided him with a wide insight into the mechanics of the banking sector including the products, client types, other non-banking financial institutions, etc. During this time, he was part of the creation of the policies, standards and procedures that makes up today’s RMCP’s. Part of this work was the design and implementation of systems and models to support the mitigation of the various risk associate with money laundering, terrorist financing, proliferation financing and sanctions.

    Career Path

    • Manager finance – Volkskas Bank
    • Manager Finance – ABSA Bank
    • Manager Finance – MLS Bank
    • Chief Financial Officer - China Construction Banking Corporation Johannesburg Branch
    • Head of Regulatory and Financial Crime Compliance – HSBC Bank Plc Johannesburg Branch
    • Head of AML, CFT, CPF, Sanctions and EXON (retired) – Nedbank Ltd
    • Consultant AML, CFT, CPF and sanctions - Nedbank

    Academic Background

    • BCom (Acc)
    • BCom Hons (Management Accounting)
    • B Proc
    • M Phill PPL

    view more

Tickets

Member rate

Prices shown exclude VAT per person.

Member Price R 2,400
Non-member rate

Prices shown exclude VAT per person.

Standard Price R 2,640
Non-SA Member rate

Prices shown exclude VAT per person. Vat is not charged.

Member Price R 2,400
Non-SA Non-member

Prices shown exclude VAT per person. Vat is not charged.

Standard Price R 2,460