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AFB Training: Financial Crime Risk Assessment Compliance Certificate

By registering, you agree to your details being shared with the course provider, GCAL, in order to access the learning management system required to complete the course. Payment in full is required before course commencement.

The AFB Financial Crime Risk Assessment Compliance Certificate is a new online programme tailored for AFB members. The course is an on-demand (pre-recorded) instructor-led learning programme designed for risk professionals who contribute to the design and management of the business-wide financial crime risk assessment.

AFB members will have exclusive priority access to the course for six months and are offered a 15% discount.

Course participants can expect to benefit from:

  • Five learning modules (each module lasts one hour) with up-to-date content;
  • Delivery via online and on-demand instructor-led learning, which can be completed at the learner’s convenience;
  • Modules that include structured learning and case-study analysis;
  • End of module MCQ (multiple choice questions) assessment that will confirm understanding;
  • On successful completion of all assessments, participants will receive the AFB Financial Crime Risk Assessment Compliance Certificate awarded in association with the University of Gloucestershire.

Who should attend?

  • Financial crime risk management professionals
  • Senior FC professionals
  • MLRO’s, Heads of FC, CCO’s and their deputies
  • Internal auditors

Course modules:

  1. Introductions and defining the risk.
  2. Crime typologies, ‘Think like a criminal’.
  3. UK and International legal and regulatory responsibilities for corporates and regulated individuals.
  4. Managing the risks – what it looks like.
  5. Reporting and escalating the risks.

By the end of this programme, you will be able to:

  • Describe what a business-wide financial crime risk assessment (BWRA) is, and why it is important for a firm to have an accurate and up to date register.
  • Complete an BWRA for your firm according to regulatory expectations.
  • Explain how the BWRA should be used as part of good governance systems and controls.
  • Identify and use dynamic information and intelligence to continuously update the BWRA to manage and mitigate the risk of a firm being used by criminals. 
  • Analyse case studies and enforcement action to identify ‘what went wrong’.
  • Draft supporting operating procedures that explain to other staff how to conduct the BWRA and ensure compliance with regulatory expectations.