Compliance Training for Financial Institutions in Cayman Islands

Cayman Islands-based financial institutions are required by law to ensure their directors and officers understand Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. To meet this requirement, Apex Group Ltd has developed a comprehensive web-based training module, AML & CTF Cayman Island.

Course Overview

Duration: 12-month licence for each user
Price: US$250 per participant
Certificate: Downloadable PDF certificate upon successful completion

Course Content

The course provides a detailed understanding of the legal and regulatory framework surrounding AML, CTF, and proliferation financing. Participants will gain knowledge on:

Key Topics

Definitions of money laundering, terrorist financing, and proliferation financing
Risk-based due diligence
Suspicious activity identification
Reporting obligations
Duties of directors and relevant officers (including Money Laundering Reporting Officers (MLROs), Deputy MLROs, and AML Compliance Officers)
Sanctions and enforcement
Implications of non-compliance
Recent updates from the Financial Action Task Force (FATF) and national risk assessments

Delivered via Apex Knowledge Academy

The course is delivered through Apex Group Ltd’s Apex Knowledge Academy platform, providing a comprehensive and accessible learning experience. Upon successful completion, participants will receive a downloadable PDF certificate.