Financial Crime World

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Compliance Training Programs in New Zealand

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In an effort to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) legislation, financial institutions in New Zealand are turning to specialized training programs. A leading provider of such programs offers a range of courses designed to educate employees on key AML/CFT topics.

Compliance Officer Training

This 2-hour session is specifically designed for AML/CFT Compliance Officers, covering essential topics such as:

  • Key obligations under the legislation
  • Compliance framework
  • Customer due diligence
  • Account monitoring
  • And more!

The course aims to equip attendees with the knowledge and skills necessary to meet their obligations under the legislation.

Interactive Customer Due Diligence Training

This 2-hour course is designed to assist compliance staff in understanding the complexities of customer due diligence (CDD) requirements, including:

  • Standard CDD
  • Simplified CDD
  • Enhanced CDD
  • Complex structures
  • Source of wealth or funds
  • And more!

Advanced Customer Due Diligence Training

This 2-hour advanced course is geared towards AML staff who already have a basic understanding of CDD requirements and are looking to further their knowledge. Topics covered include:

  • Managing intermediaries
  • Overseas certification
  • Exception management
  • Complex worked examples
  • CDD oversight

Effective Internal Assurance

This 2-hour session assists reporting entities in creating an effective internal assurance regime by covering key principles, design process, practical application, feedback loops, and refinement.

Senior Management & Board Training

This 1.5-hour workshop is designed specifically for senior management and board members who are not directly involved in day-to-day AML/CFT matters. The course aims to educate them on:

  • The importance of periodic testing and monitoring of AML controls
  • Their role in ensuring AML compliance

Professional Services Training

This 2-hour advanced course is tailored for Compliance Officers in professional services sectors such as law and accounting, covering topics such as:

  • Client capture management
  • Trust account transaction monitoring
  • Governance
  • Reporting

Transaction Monitoring Training

This 2-hour session provides a comprehensive overview of transaction monitoring, covering key obligations under the Act, red flag indicators, frontline staff training, automated and manual account monitoring, and financial investigations.

Customized Solutions

For organizations seeking to have these training programs delivered in-house to their team, customized solutions are available. Contact [provider name] for more information on compliance training programs in New Zealand.