English

Implementing the International AML-CFT Standards (AMLS)

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Deadline for the application has passed.
Course No.: CE 17.18
Location: Kuwait City, Kuwait
Date: September 24, 2017-September 28, 2017 (1 Week)
Language: English (Arabic)

Target Audience:

Legal drafters, policy makers, financial sector supervisors, and regulators of designated non-financial businesses and professions; financial intelligence unit (FIU) officials; criminal justice officials; other government officials involved inundertaking national money laundering and terrorist financing risk assessments, preparing for their countries' mutual evaluations and the implementation of anti-money laundering (AML) and combating the financing of terrorism (CFT) laws.

Qualifications:

Participants should have a minimum of two-year experience in AML/CFT issues. Attendance is by invitation only. Prerequisites are specified in invitation letters.

Course Description:

This course, presented by the IMF's Legal Department, aims at enhancing and strengthening the capacities of various groups of officials engaged in implementing the revised international standards on AML and CFT. The course is targeted at government officials involved in the various aspects of the AML/CFT framework of their country and will increase the understanding of the requirements of the recently revised international AML/CFT standard, the Financial Action Task Force's (FATF) 40 Recommendations, as well as the recently issued "Methodology for Assessing Compliance with the FATF 40 Recommendations and the Effectiveness of AML/CFT Systems." The course will involve in-depth discussions on the implementation of selected aspects the FATF 40 Recommendations and practical exercises.

Course Objectives:
Upon completion of this course, participants should be able to:- Outline, summarize, and analyze the implementation of the FATF 40 Recommendations.- Develop a medium-term action plan to strengthen their national AML/CFT framework.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.