How-to secure the financial system: Risk-based AML/CFT strategies to promote financial integrity
How-to secure the financial system: Risk-based AML/CFT strategies to promote financial integrity
How-to secure the financial system: Risk-based AML/CFT strategies to promote financial integrity
Date: September 2025
2:00pm - 8:30pm (BST)
9:00am - 3:30pm (EDT)
Location: Virtual
Agenda
Module 1: Understanding key risks and strengthening AML/CFT foundations
14:00 – 14:10
Tutor Introduction and Icebreaker
14:00 - 14:10
14:10 – 14:25
Key AML / CFT terminology you must know
14:10 - 14:25
14:25 – 14:55
An overview of current risks and illicit financial flows facing regulators
14:25 - 14:55
- Cyber crimes
- Environmental crime
- Cross-border Money flows
- Geopolitical risks
- Fintech risks
14:55 – 15:10
How does financial crime influence financial stability and what can central banks do to improve financial integrity?
14:55 - 15:10
15:10 – 15:40
Map out key international compliance frameworks with guidelines from the FATF, Basel, and regional bodies
15:10 - 15:40
15:40 – 16:00
Explore cross-border collaboration including information sharing, joint supervision, and enforcement partnerships
15:40 - 16:00
16:00 – 16:15
Coffee break
19:00 - 19:20
16:15 – 16:25
Highlight the importance of having a risk-based approach to supervision
16:15 - 16:25
16:25 – 16:40
Workshop: Designing a new risk-based supervision framework for your central bank
16:25 - 16:40
16:40 – 16:50
Break
16:40 - 17:50
- Quick break between modules
Module 2: Achieving regulatory success by building resilient supervision
16:50 – 17:15
Developing supervisory independence with clear mandates and enforcement of sanctions for non-compliance
16:50 - 17:15
17:15 – 17:45
Enhancing transparency: beneficial ownership, politically exposed persons (PEPs), and due diligence
17:15 - 17:45
17:45 – 18:00
Organising regular risk-based inspection and reports from banks and NBFIs
17:45 - 18:00
18:00 – 18:30
Learn global and regional standards and recommendations for a strong financial intelligence unit (FIU)
18:00 - 18:30
- Discuss the importance of clear suspicious transaction reporting (STR) mandates
- Develop plans for regular training and capacity building in personnel
18:30 – 19:00
Explore supervisory technology (Suptech) for risk-based supervision and wider risk management
18:30 - 19:00
- How has machine learning, automation, and advanced analytics changed supervisory strategies?
- Emphasize the importance of maintaining data protection and privacy when utilising new supervisory tools
19:00 – 19:20
Coffee break
19:00 - 19:20
19:20 – 19:35
Workshop: Identifying practical digital solutions to rapidly enhance supervision
19:20 - 19:35
19:35 – 20:00
See supervisory reforms in action: A case study on successfully exiting the FATF grey list
19:35 - 20:00
20:00 – 20:30
Delegate action plan
20:00 - 20:30
- Participants will develop practical action plans based on the day’s sessions and workshops
This intensive day long course will equip central bankers and other regulators with the tools and strategies required to safeguard the financial system through robust AML/CFT supervision.
Participants will gain a new understanding of evolving financial crime risks, international compliance frameworks and supervisory innovations. Through tutor led workshops, case studies, and practical action planning delegates will leave this course with stronger risk-based supervision frameworks, enhanced institutional capacity, and awareness of emerging technologies that aligns with global standards.
Participant learning outcomes
- Master key AML/CFT concepts and terminology
- Identify and assess both common and emerging financial crime risks
- Navigate international compliance frameworks with ease and confidence (FATF, Basal, etc)
- Learn to design an effective risk-based supervisory strategy
- Enhance their supervision through improved beneficial ownership transparency, PEP oversight, and proportional enforcement actions
- Leverage new supervisory technologies like machine learning and analytics while maintaining data privacy
Benefits for your institution
- Institutions will strengthen their AML/CFT compliance and risk-based supervision capabilities
- Enhance their financial system’s integrity and resilience against illicit financial flows
- Mitigate exposure to FATF grey listing and related reputational and regulatory risks
- Modernise their supervisory operations through effective use of Suptech
- Equip their staff with a clear and actionable AML/CFT strategy ready for implementation