The course will be interactive by way of exercises/case studies and will advise, or remind you of your obligations as Board members to ensure compliance with the following areas of financial crime matters:

• The act of money laundering and how an offence is constituted under the legislation
• Terrorist financing, Proliferation financing and the differences between that and money laundering
• Suspicion, suspicious transaction reports and tipping off
• Client risk
• Communication from the FIU (THEMIS) to the Board (monthly)
• Sanctions
• Board responsibilities and duties including the communication from the Head of FIU on internal policies and procedures regarding the quality of SARs filed to the FIU
• Risk rating
• Compliance function