AML - Risk Management & Compliance Program (RMCP) | Compliance Institute Southern Africa on Glue Up

Event Details

AML Programme - Course 5 of 7

Are you fully equipped to navigate South Africa's AML reporting maze?

This is the 5th course in our AML training programme with a look at the risk managed and compliance programme (RMCP).

This course was developed for those aiming to earn the AMLC Prac (SA) designation. There are 7 courses included in the programme. Click here for the full programme.

This course takes a deep dive into creating and maintaining a robust AML Risk Management and Compliance Program (RMCP). This intensive bootcamp is your blueprint for building a resilient defense against financial crime.

Who should attend

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

Compliance Officers and Managers: Professionals responsible for ensuring their organizations comply with AML regulations.
Risk Managers and Auditors: Individuals overseeing risk management and internal audits, ensuring adherence to AML frameworks.
Legal Advisors and Regulatory Affairs Specialists: Experts advising on legal compliance and regulatory matters related to AML.
Financial Services Professionals: Employees in banks, insurance companies, and other financial institutions who deal with customer transactions and due diligence.
Law Enforcement and Government Officials: Personnel involved in investigating financial crimes and enforcing AML laws.
Screening and monitoring teams.
AML team members, team leaders, supervisors and managers.

These roles are directly involved in or impacted by AML processes and compliance, making the course highly relevant and beneficial for them.

Key take-aways

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 in regard to the operational as well 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

Suggested reading of the Financial Intelligence Centre Act 38 of 2001.
Access to the FIC's website: https://www.fic.gov.za/
Attendees should understand Risk Management and Assurance concepts in order to follow the terminology and methodology references.)
PUBLIC COMPLIANCE COMMUNICATION No 53
ON THE RISK MANAGEMENT AND COMPLIANCE PROGRAMME IN TERMS OF SECTION 42 OF THE FINANCIAL INTELLIGENCE CENTRE ACT, 2001 (ACT 38 OF 2001) FOR DESIGNATED NON-FINANCIAL BUSINESSES AND PROFESSIONS (https://www.fic.gov.za/compliance/compliance-guidance/public-compliance-communication/)
GUIDANCE NOTE 7
ON THE IMPLEMENTATION OF VARIOUS ASPECTS OF THE FINANCIAL INTELLIGENCE CENTRE ACT, 2001 (ACT 38 OF 2001) (https://www.fic.gov.za/compliance/compliance-guidance/guidance-notes/ )

Delivery ticket options:

Virtual via Microsoft Teams

Investment:

Virtual

Member: R4,200.00 excl. VAT | R4,830.00 incl. VAT

Non-member: R4,620.00 excl. VAT | R5,313.00 incl. VAT

Non-SA options for above excludes VAT

In-person

Member: R5,200.00 excl. VAT | R5,980.00 incl. VAT

Non-member: R5,6200.00 excl. VAT | R6,463.00 incl. VAT

Non-SA options for above excludes VAT

In-house training requests:

If you are interested in this course being conducted as an inhouse course, please send your requirements to training@compliancesa.com.

CPD: 12 hours

Included in the training

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

Speakers

Francois Van Deventer
Director of AML Connexion
Francois has been extensively involved in designing, implementing, testing and the managing all matters pertaining to Anti-Money Laundering, Sanctions and Anti-Bribery and Anti-Corruption within the South African banking sector for more than 20 years.

He has an in-depth understanding of, and expertise in operational and business realities and the impact of complying to both the local and international Anti-Money Laundering, Counter Financing of Terrorism and Anti-Bribery and Corruption regulatory requirements. During the latter stages of his banking career, Francois specialised in policy development and advisory activities.

Francois has extensive interaction with regulators such as the Financial Intelligence Centre (FIC), South African Reserve Bank (SARB), Financial Sector Conduct Authority (FSCA) and the Johannesburg Stock Exchange (JSE).

Career path
• Founder and Managing Director: The AML Connexion
• First Rand Bank: Manager: Financial Crime; Group Regulatory Specialist: AML, Sanctions, Anti-Bribery and Anti-Corruption
• Absa Bank: Group Regulatory Specialist: AML, Sanctions, Anti-Bribery and Anti-Corruption, Business Assurance Specialist, AML / Sanctions / Risk; Business Assurance Specialist AML / Sanctions / Risk Absa Retail Bank

Academic Background
• B Proc (UJ)
• LLM (UNISA)

Professional designation
• AMLC Prac (SA)
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 4,200

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 4,620

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 4,200

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.)