top of page
Financial Economic Crime (FEC)
Financial Economic Crime (FEC)

ma 17 nov

|

Location to be determined.

Financial Economic Crime (FEC)

Tijd en locatie

17 nov 2025, 08:00

Location to be determined.

Over deze training

PE: 20 PE points


This program is fully up to date with the latest trends and developments, such as supervision from the Caribbean Financial Action Task Force (CFATF) and change of currency from the NaF to the Caribbean gulden. The training can be provide in Dutch and English.


Target audience

Compliance is a term often used in the fight against money laundering and terrorist financing (AML/CFT). Compliance covers a wide range of activities that institutions must follow. These legal requirements are often difficult for the professionals who must work with them, especially those new to the industry. This compliance course will teach you the basics of compliance; the laws and regulations surrounding AML/CFT and to what extent they apply within your organization.


Learning objective 

After following the Compliance course, participants will have basic knowledge and understanding of: 

  • Awareness & fundamentals of money laundering and terrorist financing

  • (Inter) National laws and regulations

  • International organizations

  • Compliance program

  • Risk based approach

  • CDD

  • Sanctions

  • Supervision

  • Transaction Monitoring


Upon completion, participants will be able to apply the knowledge gained in their daily work corresponding to the level of their professional duties and responsibilities.


Program 

The training is offered in 5 case-oriented interactive sessions of one half-day 4-hour duration and is outlined as follows


Module 1: Awareness – Fundamentals

  • Crime, local offenses

  • Size of (international) money transfers

  • Fundamentals Financial Economic Crime

  • Money Laundering

  • International laws and regulations


Module 2: CDD – Know Your Customer (KYC)

  • CDD natural persons

    • Increased risk

    • PEP 

    • Private Banking 

    • Minors

    • Terrorism Financing

  • CDD business

    • Entities

    • Local registration

    • UBO

    • Pseudo ubo

    • Ubo-register


Module 3: Sanctions

  • Sanction risks

    • What are the most up to date sanctions

    • Distinction between economic and financial sanctions

    • Legal Framework

  • International Business; sanctioned countries, individuals, organizations, goods and services

  • CDD and sanctions; what sanctions risk means, mitigating factors and violation of sanctions laws and regulations



Module 4: Supervision

  • CFATF

    • Effectively implementing and complying with the recommendations

  • Tax transparency, 

    • Evasion/avoidance

    • International taks regulations


Module 5: Transactie Monitoring

  • Transactie Monitoring

    • Transaction monitoring process

    • Connections and inconsistencies between the transaction profile and transaction analysis

    • How do you act when you identify transaction that may indicate AML/TF/sanction risks?

  • Trends & developments

    • New currency Curacao - NaF -> Caribbean Gulden

    • What are the risks?

    • Cash money risks

    • Unusual transactions in currency exchanges


Trainer

The trainer has experience in the field of fraud, compliance and money laundering and trains employees of all major banks in the Netherlands in this area. He helps guarantee a high level of quality while also covering the latest trends and developments in the field. This translates theory into actual practice. This aspect increases the understanding, insight and applicability of the subject matter.


Study Material 

Each training session includes a workbook, handouts, cases with elaborations and background documentation. In addition, participants receive a digital source document for reference. Through this digital source document, participants have direct access to an extensive selection of updated background documentation.

Planning


  • 4 uur

    Financial Economic Crime - Sessie 1


  • 4 uur

    Financial Economic Crime - Sessie 2

Nog 3 items beschikbaar

Deel dit evenement

bottom of page