Course Curriculum

• The Basics of Money Laundering, Terrorist Financing and Other Terms
  • Introduction
  • Contents
  • The Basics of Money Laundering, Terrorist Financing and Other Terms
  • Money Laundering
  • The 3 Stages of Money Laundering
  • The Impacts of Money Laundering
  • Terrorist Financing
  • The Costs of Terrorist Financing
  • Proliferation Financing
  • The Costs of Proliferation Financing
  • Cryptocurrency Considerations
• Case Studies
  • Introduction
  • TD Bank hit with $3 Billion AML Penalty
  • TD Bank Continued
  • ISIS-K (ISKP) and Cryptocurrency
  • ISIS-K (ISKP) Part 2
  • ISIS-K (ISKP) Part 3
  • ByBit Cryptocurrency Heist
  • ByBit Cryptocurrency Heist Part 2
  • Iran-Linked Proliferation Financing via U.S. Dollar Wire Transfers
  • Iran-Linked Proliferation Financing via U.S. Dollar Wire Transfers Part 2
• Legislative Framework And The Role of AML Officers And The Board
  • Introduction
  • The Cayman Islands AML/CTF Legislative And Regulatory Framework
  • AML/CFT/CPF Offences, Grounds, Fines And Imprisonment
  • Enforcement And Penalties
  • Roles In AML Compliance
  • Anti Money Laundering Compliance Officer (AMLCO)
  • Money Laundering Reporting Officer (MLRO) / Deputy MLRO (DMLRO)
  • The Board’s Responsibility For AML/CFT/CPF Compliance
• International Standards
  • Introduction
  • Financial Action Task Force (FATF) & Caribbean Financial Action Task Force (CFATF)
  • FATF High-Risk And Other Monitored Jurisdictions (As of June 2025)
  • Other International Standard Setters
• The Risk Based Approach & AML Programme
  • Introduction
  • The Risk Based Approach (RBA)
  • AML Business Risk Assessment
  • Overview of AML Policies & Programme
  • Customer Due Diligence
  • Identification vs Verification
  • The Timing of Identification And Verification
  • Electronic, Know Your Customer (E-KYC)
  • Control And Ownership (AML)
  • Ultimate Beneficial Owners (UBO’s)
  • Source of Funds VS Source of Wealth
  • Enhanced Due Diligence (EDD)
  • High Risk Scenarios
  • Politically Exposed Persons (PEP’s)
  • Record Keeping Procedures
  • Geographic Risk
  • Employee Screening & Training
  • Subscriptions In Kind
• Suspicious Transaction Reporting
  • Introduction
  • Suspicious Activity Reporting (SAR)
  • Reporting Requirements
  • Internal Procedures
  • Tipping Off Offence
• Transaction Monitoring And Ongoing Monitoring
  • Introduction
  • Transaction Monitoring
  • Ongoing Monitoring And One-Off Transactions: AML/CFT Thresholds
  • Ongoing Monitoring of Transactions: General
  • KYC File Reviews
• Targeted Financial Sanctions
  • Introduction
  • Targeted Financial Sanctions (TFS)
  • Risks For FSP’s of Non-Compliance With TFS
  • Compliance With TFS: Continued
• CIMA Correspondence
  • Introduction
  • Key CIMA AML/CFT/CPF Supervisory Circulars (2020-2025)
• Legislative Changes And Some of The Latest Developments
  • Introduction
  • Some Recent News And Developments
  • BOT Act, 2023 And The AML Regime
  • BOT Act, 2023: Defined
  • The Virtual Asset (Service Providers) (Amendment) Act, 2024
  • Cayman Islands Annual AML Training
  • Thank You