Event Details

Introducing our AML training programme

This course kicks off our AML training programme with a holistic overview of the regulatory environment, a look at the RMCP, a risk-based approach and more. There are 7 courses included in the programme. (see below). It provides the audience with a high-level understanding of the ecosystem and framework for AML/CFT/CPF in South Africa.


See the outline for more details.


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


Key take-aways

This course lays the groundwork for the AML training programme. It will position how to:

  • Interpret and apply the Risk Management and Compliance Programme
  • Implement the Risk Based Approach to AML/CFT
  • Perform and/or oversee operational AML/CFT functions such as Sanctions Screening and Transaction Monitoring
  • Identify risks and gaps in the AML/CFT RMCP and your organisation's application thereof
  • Advise stakeholders across the business regarding the operational, as well as risk management rationale for the measures described in the RMCP
  • Assist the AMLCO in keeping the RMCP current and aligned with business operations and governance


Preparation for the course

We recommend that you read through the following before attending this course:

  • The Financial Intelligence Centre Act 38 of 2001, pre-amble, obligations on accountable institutions, schedule 1
  • PCC53 on the risk management and compliance programme in terms of section 42 of FICA, 2001
  • Familiarise yourself with the FIC's website: https://www.fic.gov.za/​


Delivery ticket options:

  • Virtual via Microsoft Teams

Investment:

Virtual

Member: R2,100.00 excl. VAT | R2,415.00 incl. VAT

Non-member: R2,310.00 excl. VAT | R2,657.00 incl. VAT

Non-SA options for above excludes VAT


Included in the training

  • Slide deck
  • Other reference material provided during the event


CPD: 6 hours


What is your next?

The AML training programme consists of the following courses (in order of sequence):

  • AML - a comprehensive view of reporting obligations in South Africa (12 hours over 2 days)
  • AML - record keeping obligations in South Africa (6 hours)
  • AML - risk management and compliance programme (RMCP) (18 hours over 3 consecutive days)
  • AML technology and tools (12 hours over 2 days)
  • AML audit and program enhancement (3 hours)

Documents

course outline.pdfdownload

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

Virtual ticket (member)

Members in good standing rate.
Prices shown exclude VAT per person.

If you are booking multiple tickets on behalf of other attendees, you will need to do the booking with the attendees to ensure that all acceptances and info provided by the attendee is accurate and aligns to their Glueup profile. (e.g. email, membership type, etc.)

Member Price R 2,100
Virtual ticket (non-member)

Non-members rate.
Prices shown exclude VAT per person.

If you are booking multiple tickets on behalf of other attendees, you will need to do the booking with the attendees to ensure that all acceptances and info provided by the attendee is accurate and aligns to their Glueup profile. (e.g. email, membership type, etc.)

Standard Price R 2,310
Non-SA virtual ticket (member)

Non-SA members in good standing rate.
Prices shown exclude VAT per person. Vat is not charged.

If you are booking multiple tickets on behalf of other attendees, you will need to do the booking with the attendees to ensure that all acceptances and info provided by the attendee is accurate and aligns to their Glueup profile. (e.g. email, membership type, etc.)

Member Price R 2,100
Non-SA virtual ticket (non-member)

Non-SA non-members rate.
Prices shown exclude VAT per person. Vat is not charged.

If you are booking multiple tickets on behalf of other attendees, you will need to do the booking with the attendees to ensure that all acceptances and info provided by the attendee is accurate and aligns to their Glueup profile. (e.g. email, membership type, etc.)

Standard Price R 2,310