Financial Crime World

LIBYAN ARAB JAMAHIRIYA: GLOMACS Offers AML Training for Financial Professionals

GLOMACS has launched an intensive training program designed specifically for Libyan Arab Jamahiriya-based financial professionals to strengthen the country’s anti-money laundering (AML) efforts.

Anti-Money Laundering Compliance Masterclass

The masterclass is a comprehensive training program aimed at equipping participants with the essential skills necessary to support their companies in AML and countering terrorist finance. The course covers:

  • Regulatory Environment: Understanding the importance of Know Your Customer (KYC) practices, Customer Due Diligence (CDD), sanctions monitoring, and the Money Laundering Reporting Officer role.
  • AML Process and Laws: Hands-on training in understanding AML process and laws that make it a crime.
  • Financial Crime Risks: Awareness of financial crime risks, global rules and regulations, industry-specific risks, and systems and controls to detect and prevent financial criminal acts.

Benefits of the Masterclass

By attending this masterclass, Libyan Arab Jamahiriya-based financial professionals can expect:

  • Increased Efficiency: Supporting AML teams with increased efficiency
  • Heightened Pertinence and Reliability: Regulatory analysis with heightened pertinence and reliability
  • Sharper Strategic Cognition: Enhanced strategic cognition in identifying high-risk markers
  • Personal Impact: Comprehensive understanding of money laundering, terrorist financing, and sanctions

Program Highlights

The GLOMACS Anti-Money Laundering Compliance Masterclass is designed to provide participants with:

  • Insights into the vulnerabilities of financial institutions to money laundering and terrorist financing
  • Architecture of legal and regulatory guidelines regarding anti-money laundering and combating terrorist financing
  • Comprehensive understanding of AML process and laws that make it a crime

Target Audience

The program is open to:

  • Staff with specific AML duties
  • AML compliance professionals
  • Senior management
  • All teams working in financial services
  • Anyone considering a career in anti-money laundering or fraud prevention

Upcoming Masterclass

The GLOMACS Anti-Money Laundering Compliance Masterclass will take place in [location] from [date]. For more information, please contact:

  • [Contact Person]: [phone number]
  • [Email Address]

Don’t miss this opportunity to stay updated on the latest policies and procedures in AML. Register now for the GLOMACS Anti-Money Laundering Compliance Masterclass!