Financial Crime World

Banking Compliance Training in Maldives

In an effort to combat increasing financial crimes and regulatory non-compliance in the Maldivian banking sector, the International Compliance Association (ICA) has launched a specialized certificate program on “Financial Crime Risk in Global Banking and Markets” for local bankers.

About the Program


The ICA Specialist Certificate in Financial Crime Risk in Global Banking and Markets aims to equip bank employees with the necessary skills and knowledge to identify and mitigate financial crime risks associated with:

  • Key customer types
  • Major financial markets products
  • Vulnerabilities in derivatives and foreign exchange trading

Course Objectives


Upon completion of the course, participants will gain a deep understanding of:

  • Regulatory environment
  • Risks and impacts on corporate banking and financial markets
  • Market abuse, fraud, manipulation, tax evasion, sanctions risk, and risk exposure specific to customer typologies

The program is designed for bankers working in the first and second lines of defense looking to certify their existing specialist knowledge or those seeking to increase their professional agility by learning about new areas of risk.

Flexible Study Options


With flexible study options, participants can complete the course in as little as four weeks, with access to course materials for up to two months.

Assessment and Certification


The course will be assessed through a one-hour online multiple-choice exam. Participants who pass will receive a downloadable certificate to demonstrate their achievement.

Additional Fees


In addition to the course fee, local taxes, membership fees, and discounts will be added to the participant’s basket upon checkout. The ICA membership fee provides access to the ICA Learning Hub, weekly webinars on industry developments, and discounts on ICA events and further courses.

Testimonials


Some past students have praised the course, saying that it was great for its flexibility and documentation.

Conclusion


The program is expected to be a valuable resource for bank employees in Maldives seeking to stay ahead of the curve in banking compliance training.