by

Anti-Money Laundering & Counter Terrorism Financing

-Raising the Bar!
CFE, CFS, CFCI, CAMS, AMLP Managing Partner Global Head of Compliance & Financial Crimes Allied Compliance Consultants ACC Dubai UAE

HOSSAM M. ABD EL-RAHMAN

Wednesday - Thursday 8 - 9 February 2012 Sheraton Karachi Hotel 9:00 am to 5:00 pm

www.intelact.biz

Wednesday - Thursday 8 - 9 February 2012 Sheraton Karachi Hotel 9:00 am to 5:00 pm

Anti-Money Laundering & Counter Terrorism Financing

-Raising the Bar!
Who should attend?

Introduction Money Laundering & Terrorism Financing have developed into an ever-expanding remit for all in financial services. Local Regulations, International sanctions, and counter proliferation financing are all putting ever-higher premiums on getting Customer Due Diligence (CDD) right initially and ensuring it stays that way. The widespread adoption of a risk-based approach poses real problems of making judgments on what constitutes Enhanced Due Diligence for higher risk. Regulators across the globe and inter-governmental bodies such as the FATF are increasingly making judgment on firms and countries judgments in these matters. The demands made by changes to corporate governance requirements add to pressures on firms to demonstrate compliance beyond doubt. This Master Class combines aspects of current and emerging money laundering & terrorism financing risks with case studies and examples in order to arrive at an integrated, practical anti-money laundering AML and counter terrorism financing CTF regime against which firms can benchmark their own approach.

Chief Compliance Officers Compliance Officers Money Laundering Reporting Officers AML/CTF Officers Branches Compliance Officers Heads of Financial Crimes Investigation Officers Internal Auditors External Auditors Training Methodology: Presentation from an international expert in AML/CFT & Financial Crimes Real examples Case studies Workshops Illustrative Videos End of Course Assessment

of knowledge, it should be The training was very useful, full rking in compliance field." obligatory for all professionals wo
Compliance Unit Hiba Sirawan Head of se Commercial Bank SAL it, Lebane Compliance Un

Key Learning Objectives

1. Awareness about the latest AML/CTF trends 2. Getting acquainted with the AML/CTF red flags 3. Knowing how to implement an effective AML/CTF Risk based program 4. Learning how to implement an effective AML/CTF Screening & Monitoring Software 5. Ensuring compliance with the international sanctions & avoiding non-compliance risks & penalties 6. Getting equipped to fight financial crimes and protect your organization.

Course Outline

Day 1

Course Outline

Day 2

Session 1: Money Laundering, Terrorism Financing An Ongoing Threat

Money Laundering Vs Reverse Money Laundering Money Laundering & Terrorism Financing Emerging Trends of Money laundering New Dimensions to money laundering Key lessons from enforcement cases

Session 5: Designing & Implementing an Effective Risk Based AML/CTF Program

Policies & Procedures Designation of a Compliance Officer / Money Laundering Reporting Officer Monitoring and record keeping Training and Awareness Independent Testing of the program Senior Management approval Risk Assessments and Procedures

Session 2: Know your Enemy!

Understand the character of the criminal When can my Financial Institution be vulnerable? Controls to prevent and detect financial crimes How to evaluate the strength of your Internal Control System

Session 6: International Sanctions

Session 3: Pakistan AML/CTF Laws & Regulations Session 4: The International AML/CTF Standards
Financial Action Task Force FATF Basel KYC Standards European Directives EU Directives Wolfsberg Principles USA AML/CTF Laws MENA Region AML/CTF Best Practices

An overview of Pakistan AML/CTF Laws & Regulations

The UN, EU and local legislation Purpose of Sanctions Linkage to ML and other financial crimes What needs to be done? How can it be done? Major Challenges

Session 7: Know Your Employee (KYE)

The staff issue: are MLROs and HR in sync? Tensions in conflicts of laws & internal controls Data Protection issues: privacy vs. transparency Data security issues: learning from enforcement Actions

ped me in understanding It was the training that most hel ng. Thanks for the Compliance and Money Launderi outstanding efforts"
n Head Michel Salameh Sectio - AML Unit Compliance Department BLOM Bank SAL

Session 8: Technical Workshop

AML/CTF Red flags: 1. Know Your Customer KYC 2. Cash Transactions 3. Wire Transfers 4. Charities 5. Trade Finance 6. Employees Building Effective Alert Definitions Scenarios Closing Session: Wrap Up & Conclusion Assessment Quiz & Distribution of Certificates

Meet Your Expert Course Leader

HOSSAM M. ABD EL-RAHMAN
CFE, CFS, CFCI, CAMS, AMLP Managing Partner Global Head of Compliance & Financial Crimes Allied Compliance Consultants ACC Dubai UAE Hossam is a well known international consultant, trainer & speaker with more than 15 years of experience in the fields of Public Accounting, Banking, Fraud, Forensics, Financial Crimes, Corporate Governance, Compliance, Anti-Money Laundering, Counter Terrorism Financing, Internal Control and Business Re-Engineering. Hossam is also outsourced compliance officer, money laundering reporting officer and internal auditor for many financial institutions in the Dubai International Financial Center (DIFC). He is also a financial crimes consultant for many financial and nonfinancial institutions. Throughout his career; Hossam worked for leading Conventional and Islamic banks in the MENA region where he assumed senior positions. He was Compliance, AML & Fraud Head at Samba Financial Group Dubai, UAE. Prior to that, he was Compliance Supervisor at Kuwait Finance House Kuwait. .In addition to 8+ years of extensive public accounting experience in "BIG FOUR" International CPA firms including PriceWaterhouseCoopers & Arthur Andersen. Hossam was interviewed at Dubai TV, City 7 TV, CNBC Arabia and other TV channels about fraud, corruption and money laundering issues in the MENA Region and he commented on the January 25th Egyptian Revolution. He has written many articles and white papers in the areas of AML, Fraud & Financial Crimes that were published in various International professional Magazines. Hossam is an expert in Islamic Banking and Shariah Compliant products; he has been invited as an expert in many international conferences, events and webinars around the globe to present Islamic banking principles, products and the related advantages and challenges faced by Islamic Financial Institutions and Shariah Compliant companies. Hossam is a Certified Fraud Examiner "CFE", Certified Fraud Specialist "CFS", Certified Financial Crimes Investigator CFCI, Certified Anti-Money Laundering Specialist "CAMS", & Certified Anti-Money Laundering Professional "AMLP". Mr. Abd El-Rahman is a member of various professional organizations as follows:
- Certified Member of the Association of Certified Fraud Examiners "ACFE" - Certified Member of the Association of Certified Fraud Specialists "ACFS" - Certified Member of the International Association of Financial Crimes Investigators "IAFCI" - Certified Member of the Association of Certified Anti-Money Laundering Specialist "ACAMS" - Professional Member of the International Federation of Accountants "IFAC"

nt for all AML Staff. It is a perfect, useful & helpful eve it refreshed my AML The training was a master level andrecommend this training Knowledge and standards. I would to all my colleagues."
L Badr Allaf Head of AM Bank Aljazira AML Department,

intelAct is a training management firm that aims to facilitate the corporate sector by arranging world class training workshops. We arrange trainings delivered by the best trainers in the industry to help organizations meet the requirements of this fast moving world. We also provide customized (tailor made) trainings to the organizations according to their business needs. We believe in team growth concept and our clients are our partners. We help and motivate companies who want to promote training and organizational development culture equiping their professionals with innovative knowledge to grow synergistically.

Workshop Investment: Rs. 47,500/- per participant *Early Bird discount:

(Before 6 February 2012)

Rs. 44,500/- per participant

*Group Discount: Every 4th participant from the Same organisation will attend Free

*One can avail either Early Bird or Group Discount

For Registration Contact Muhammad Faheem Cell : +92 343 206 60 50 +92 323 221 48 65 Office : +92 21 3454 1010 Email : registration@intelact.biz muhammad.faheem@intelact.biz URL : www.intelact.biz