Compliance Training for Financial Professionals in Kiribati: Fighting Money Laundering and Terrorism Financing
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A Four-Week Online Course to Equip Financial Professionals with Essential Skills
In a bid to combat money laundering and terrorism financing in the digital financial services space, a four-week online course is being offered specifically for financial professionals in Kiribati. The “Anti-Money Laundering and Compliance” course aims to equip students with the knowledge and tools necessary to navigate the complex regulatory frameworks governing anti-money laundering efforts.
Course Objectives
- Equip students with an understanding of the Financial Action Task Force’s 40 recommendations and their implications for governments and financial services providers in countering money laundering and terror financing.
- Provide training on various tools and skills needed to develop risk assessments and identify suspicious transactions.
- Explore the role of artificial intelligence, blockchains, and big-data analytics as practical interventions in curbing illicit and illegal financial flows.
Who Should Attend
The course is targeted at professionals working in the digital financial services space, including those involved in:
- Financial inclusion
- Sustainable economic development
This course aims to benefit those seeking a comprehensive understanding of regulatory frameworks governing anti-money laundering and countering terror financing.
Course Outline
By the end of the course, students will be able to:
- Identify and discuss frameworks, regulations, and how they are changed and challenged by ongoing innovations in the sector.
- Possess the tools and insights necessary for combating money laundering and terrorism financing.
- Develop informed risk assessments.
Course Schedule
The first intake of this course is set to begin on May 2, 2024, with a deadline to enroll by April 28, 2024. A second intake is scheduled for September 26, 2024, with an enrollment deadline of September 22, 2024.
Certification
The course is delivered online and certified by the Digital Frontiers Institute.
Enrollment
Interested professionals can now enroll in this timely training, which is essential for staying ahead of the game in combating financial crimes in Kiribati’s digital financial services space.