Introduction
The programme “Managing Anti-Money Laundering and Counter-Terrorist Financing Compliance” develops professional practice in Legal Affairs. It connects the subject with workplace challenges by examining existing evidence and practices and choosing methods appropriate to the organization and its available resources.
The learning progresses from anti-money laundering, due diligence, and reporting to governance, accountability, and compliance management, with practical work on fraud prevention, warning sign detection, and integrity protection, financial statement and report analysis, legal analysis, research, and memorandum drafting. Participants prepare outputs to support workplace application and review the quality and results of implementation.
Learning objectives
- Design due diligence, monitoring, and escalation controls proportionate to the case's risks in an application related to “Managing Anti-Money Laundering and Counter-Terrorist Financing Compliance”.
- Distinguish suspicious indicators and design a professional response that preserves evidence and confidentiality.
- Interpret performance, financial position, and cash flows using documented analysis with clear limitations.
- Analyze a legal issue and write a memorandum distinguishing facts, rules, and alternatives.
- Define decision-making authority, accountability mechanisms, and obligation monitoring.
Learning areas
1. Anti-Money Laundering, Due Diligence, and Reporting
- Understand the relationship between money laundering and terrorist financing risks and the customer, product, channel, and country, without applying a single threshold in every environment.
- Define identification data for the customer and beneficial owner and the purpose of the relationship, with verification and updating under applicable local instructions.
- Design monitoring indicators suited to expected transaction patterns, distinguishing alerts requiring examination from events established by evidence.
- Define the process for alert review, escalation, and reporting to the competent authority, maintaining confidentiality and reviewing requirements against tipping off the customer.
- Prepare a training case using fictional data, including rationale, documents, and retention and follow-up procedures, and review control and training effectiveness. The application examines a case related to “Managing Anti-Money Laundering and Counter-Terrorist Financing Compliance”.
2. Fraud Prevention, Warning Sign Detection, and Integrity Protection
- Analyze exposure to fraud and conflicts of interest in the process, and distinguish errors, suspicious indicators, and established facts.
- Identify warning signs in transactions, authorities, and data, and design analytical checks that support verification without making accusations.
- Review segregation of duties, approvals, reconciliations, and system permissions, and assess their effectiveness in prevention and detection.
- Define reporting, escalation, evidence preservation, and confidentiality procedures, and review local legal requirements before taking investigative action.
- Prepare a case study covering indicators, additional data required, and a plan for correcting controls and monitoring the response.
3. Financial Statement and Report Analysis
- Read the relationships between the statements of financial position, performance, and cash flows and the notes, identifying the effects of accounting policies and estimates.
- Perform horizontal and vertical analysis and compare profitability, liquidity, efficiency, and leverage indicators, considering the nature and size of the business.
- Examine earnings quality, cash flows, and nonrecurring items, and identify differences between accounting results and actual liquidity.
- Test the sensitivity of results to changes in sales, costs, collections, and financing, stating the assumptions and constraints in each scenario.
- Write a financial report linking indicators to management's question and available alternatives, presenting risks and additional data needed for the decision.
4. Legal Analysis, Research, and Memorandum Drafting
- Define the legal question, facts, documents, and parties, separating established facts from accounts and untested assumptions.
- Identify the relevant legal system, jurisdiction, and sources, and verify the law currently in force, its effective date, and amendments before applying it.
- Analyze the relationship between the rule and facts and areas of interpretation and disagreement, documenting arguments and evidence supporting each alternative.
- Draft a memorandum covering the issue, facts, analysis, options, and risks in clear language that preserves precise legal terminology.
- Review the memorandum for consistency, confidentiality, and citation accuracy, and identify matters requiring specialist advice or additional documents.
5. Governance, Accountability, and Compliance Management
- Map decision-making, oversight, and execution levels, and identify separation of roles and potential conflicts of interest.
- Review policies, committees, delegated authorities, and reporting frequency, and connect each responsibility to clear authority and limits.
- Create an obligations register specifying the source, scope, responsible party, and compliance evidence, and review applicable local requirements.
- Define disclosure, accountability, complaint handling, and misconduct reporting mechanisms, and protect information confidentiality during follow-up.
- Assess a practical governance case and prepare a gap remediation plan with review indicators and evidence of action closure.
Practical outputs
- A customer risk matrix, due diligence checklist, and suspicion escalation process.
- A matrix of suspicious indicators and controls, and an evidence preservation and escalation checklist.
- A comparative financial analysis report and a memo of findings and assumptions.
- A legal research memorandum, source list, and issues requiring verification.
- An authority matrix, obligations register, and escalation and review mechanism.
Who should attend
- Practitioners, specialists and supervisors whose work relates to the programme subject.
- Managers and teams working in legal affairs, according to their practical responsibilities.
- Professionals responsible for applying the outputs of “Managing Anti-Money Laundering and Counter-Terrorist Financing Compliance” within their organizations.
Prerequisites
- Working familiarity with the programme field and the ability to discuss a professional case or challenge.
- Confirm the suitability of your experience and any specialist prerequisites with the Union before participation.
Conclusion
The programme “Managing Anti-Money Laundering and Counter-Terrorist Financing Compliance” brings together concepts, case review and a practical application. Participants prepare steps that can be adapted to their responsibilities and organizational resources, with an indicator to follow application and review results after returning to work.
Participation arrangements and any special requests are specified in the confirmation issued by the Union.