Start Dates: TBC
Duration: October
Location: Virtual
Full Fee: €2,200
*Participants must be members of ACOI
Network Members Fee: €1,540
*Participants must be members of ACOI
Programme overview
The course is designed to provide professionals, practitioners and other stakeholders with the skills and competencies that supports a culture of AML compliance that in turn establishes Ireland as a centre of both European and global AML/CTF excellence and innovation. In the context of the technologically driven innovation in Financial Services (Fintech) the course addresses AML requirements from the perspective of a variety of sectors – for example: Credit and Financial Institutions (‘Firms’) and Designated Non-Financial Business and Professions (DNFBP’s). The course identifies the core requirements and contemporary (technologically enhanced) best practice in the risk assessment, client onboarding, and life cycle management of client accounts from the perspective of both the financial institutions and professional service providers for example: accountants and auditors
Learning outcomes:
The course is designed to provide professionals, practitioners and other stakeholders with the skills and competencies that supports a culture of AML compliance that in turn establishes Ireland as a centre of both European and global AML/CTF excellence and innovation.
In the context of the technologically driven innovation in Financial Services (FinTech) the course addresses AML requirements from the perspective of a variety of sectors – for example: Credit and Financial Institutions (‘Firms’) and Designated Non-Financial Business and Professions (DNFBP’s).
The course identifies the core requirements and contemporary (technologically enhanced) best practice in the risk assessment, client onboarding, and life cycle management of client accounts from the perspective of both the financial institutions and professional service providers for example: accountants and auditors.
Who is the course for?
Participants who want to understand the specific risks and the importance of AML and CFT in a fast moving digital and evolving Fintech environment.
Modules:
Module 1:
- AML Compliance Framework
- AML Definitions and Requirements
- AML Directives and Legislation
- The Role of FATF and The National FIU
- Sectors and AML Compliance Requirements
- AML Directives and Legislation
- AML in a Fintech Environment
- Compliance (AML) Culture
Module 2:
- AML Compliance Cycle
- AML Cycle
- AML Risk Assessment
- AML Transaction Monitoring & STR’S
- AML Onboarding & Life Cycle Management
- AML Risk Assessment
- AML Investigation & Enforcement
- AML Collaborations
Trainer Profile
PAT is at the forefront of online education and digitally enhanced learning in Ireland. Having achieved the ACCA ALP (Approved Learning Partner) status in record time, PAT has been awarded Platinum Learner recognition by the ACCA – the highest level of quality assurance in teaching, learning and assessment excellence.
PAT has displayed an agility to innovate and adapt in response to new challenges and changes in the accountancy and finance sector. During the COVID-19 lockdown, PAT was able to run all scheduled classes and offer responsive student support by utilising the existing PAT Online infrastructure, which allowed for a seamless transition to the delivery of online classes exclusively without face to face contact – which has seen one of PAT’s students achieve a first in world placing from the December 2020 suite of ACCA examinations where approximately 120,000 students sat 150,000 examinations.
Most recently, PAT has announced the establishment of PAT Fintech, a financial technology / financial services training division. PAT Fintech is dedicated to the design and development of industry-led professionally certified skills training for the accountancy and financial services sector and is currently working in partnership with IFS Skillnet and the Association of Compliance Officers in Ireland (ACOI) to develop a suite of programmes for compliance professionals in Ireland.
