Program Brief

This one day workshop will consider the risks related to financial crime in the banking sector, the steps needed to undertake the necessary risk assessments and provide good practice examples in financial crime prevention. The workshop will also enable participants to consider regulator’s expectations and the information, frameworks, tools and resources that enable a sound compliance regime. Throughout the workshop, references will be made to the Saudi and wider GCC context. This 1-day in person workshop is aimed at managerial level staff in the banking sector. It will support managers in risk and compliance-related roles as well as senior managers who would benefit from a fuller understanding of financial crime prevention and the frameworks, tools and resources that enable a sound compliance regime.

Program Goals

At the end of the training program, the participant should be able to:

  • Understand the key risks that should form part of the bank’s risk management procedures
  • Understand the challenges around combating Money Laundering and how to meet expe
  • Understand Sanctions compliance and features of a sound Sanctions compliance regime.
  • Understand how to protect your bank through compliance structures and procedures
Program Agenda
Risk Assessment
  • 1 Defining the difference between Cybercrime and Financial Crime

    • 2 Integrating sanctions compliance into Financial Crime Risk

      • 3 should we consider as part of our risk management?

        • 4 The regional perspective: which types of crimes are most relevant to us in the GCC?

          Money Laundering: understanding the challenge
          • 1 Why has AML/CFT become such a big issue – what is driving the agenda?

            • 2 Study: NatWest and Fowler Oldfield – use of cash

              • 3 ro – problems with customer details and customer grading

                • 4 Case Study: Cash withdrawals from Jersey accounts

                  • 5 Protecting your bank is not easy: Example of HSBC in Mexico

                    Focus on Sanctions compliance
                    • 1 Who are the key players and how are their expectations changing

                      • 2 Key features of a good sanctions compliance regime

                        • 3 Resources and tools for Directors and for Managers

                          Money laundering: meeting expectations of regulators and lawmakers
                          • 1 What do the regulators expect

                            • 2 Key features of a good AML/CFT regime

                              • 3 Resources for Directors and for Managers

                                Program Requirements

                                Not Available

                                Program Path

                                Names of the training programs that are integrated (enriched) with the training program:

                                • Not Available

                                Names of the training programs that after the training program:

                                • Not Available
                                Program Method
                                • Other
                                • Lecture
                                • Case Studies
                                Evaluation Method
                                • Other
                                Training Type
                                • In Class Training

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