$1,018.95 – $1,518.95

Building an AML/CTF Assurance Program

Event Information

Share this event

Date and Time

Location

Location

Sydney

Sydney, NSW 2000

Australia

View Map

Refund Policy

Refund Policy

Refunds up to 30 days before event

Friends Who Are Going
Event description

Description

Having implemented an AML/CTF program you’ve identified how reliant you are on other businesses or teams performing core pieces of it. In many cases some of it is outsourced to 3rd party providers or you are reliant on the accuracy of their algorithms and lists. We have all heard stories, urban myth thought they may be, about business units or teams just not performing key functions or giving key functions no priority. Are declarations of compliance suitable without being supported by evidence?

Whether you are a board member, in the business or in compliance the ability to identify issues quickly and stop them becoming systemic is what stands between you and the business or you being fined.

How do you monitor compliance with your program? How can you provide assurance to the board and business units that the entity is actually complying with its own program?

In developing your assurance program you need to understand how various functions are performed, how effective, how accurate and timely your controls really are.

This program will work through the intricacies of developing and managing an ongoing assurance program. We all understand that there are many moving parts in any program so what are the areas you should focus on and where do your weaknesses lie?

Using real examples as case studies and identifying the benefits and pitfalls, this program is designed to help you understand:

  • What a compliance program is trying to achieve
  • Tolerance thresholds - what is a one off and what is systemic?
  • Identifying the areas of risk, potential failure points and over reliance on others
  • The importance of taking a holistic view
  • Looking at control effectiveness
  • Risk allocation and accountability
  • Building a compliance assurance program - big bang or block by block
  • Managing and monitoring 3rd parties and out-sourced partners; and
  • Reporting formats and dashboards.

Learning Objectives:

  • Developing a compliance assurance program
  • Targeting high risk and unsupervised areas
  • Dealing with outsource partners who may be performing key functions on your behalf
  • Using Data and deep dives
  • Undertaking reviews.

Who will Benefit:

  • Board Members
  • CRO's
  • MLRO's
  • AML/CTF Teams
  • Financial Crime Compliance Managers
  • Internal Auditors
  • Regulatory
  • Compliance
  • Internal and Independent Auditors
  • Staff with Roles and Responsibilities in AML Management and Oversight
  • Risk and Compliance Management
  • Compliance Analysts and Advisors
  • Company Management
  • Operational Risk Managers


For Registration - http://www.complianceonline.com/aml-ctf-assurance-program-seminar-training-80503SEM-prdsm?channel=eventbrite

Note: Use coupon code REFERRAL10 and get 10% off on registration.

Share with friends

Date and Time

Location

Sydney

Sydney, NSW 2000

Australia

View Map

Refund Policy

Refunds up to 30 days before event

Save This Event

Event Saved