Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF) Training Course

There is an international focus on combating money laundering. Compliance officers, Anti-Money Laundering (AML) Officers, Money Laundering Reporting Officers (MLROs), Know Your Customer (KYC) analysts, auditors, and managers need to understand how to ensure compliance with Subsidiary 373.01, the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR). Under the PMLFTR, all Subject Persons, including those within the regulated financial services sector, are required to appoint a Money Laundering Reporting Officer (MLRO). This practical course provides essential knowledge and guidance on how to approach AML compliance within your organization, with particular attention to the regulatory environment in Malta. The training is designed to enhance understanding and adherence to these regulations for government and private sector entities alike.

Global turmoil, business disruptions, and pandemics have not only upended established business norms but also compelled boards to fundamentally transform their governance approaches. To remain effective, directors must be well-informed about the current best practices and tools used by boards worldwide. These practices encompass efficient meeting management, information sharing, agenda setting, committee structures, and organizational frameworks. By adopting these strategies, boards can enhance their performance with reduced effort, thereby allowing more time for high-value boardwork, particularly in the context of governance for government entities.

This instructor-led, live training in US (online or onsite) is aimed at business managers, IT managers, and risk and compliance managers who wish to implement the COBIT framework for government to optimize IT governance and management. By the end of this training, participants will be able to design, develop, implement, monitor, and enhance IT governance and management using COBIT principles and methods.

Learning Objectives

This COBIT 2019 Foundation course is designed to introduce participants to COBIT 2019 and enhance their understanding of how an integrated business framework for the governance and management of enterprise IT can be applied to achieve IT business integration, cost reductions, and increased productivity. The key areas covered in this course include:

• Introduction to the new framework
• Key concepts and terminology
• Governance and framework principles
• Governance system components
• Governance and management objectives
• Performance management
• Designing a tailored governance system for government

The Compliance and MLRO Refresher Program for government examines critical risk management issues and topics that are essential in today's highly regulated environment. This program is designed not only for Compliance Officers, MLROs, MLCOs, and other risk management professionals but also for senior management and board members who wish to gain a deeper understanding of the expectations and responsibilities of their organization’s risk control functions. The program is delivered by subject-matter experts from the UK. The primary learning objective of this program is to provide attendees with the knowledge necessary to objectively evaluate the adequacy of their organization's existing risk management controls and practices, enabling them to implement appropriate enhancements as needed.

Audience

All staff requiring a working knowledge of Corporate Governance for their organization for government.

Format of the Course

The course is designed as a highly interactive experience, incorporating:

• Facilitated Discussions
• Slide Presentations
• Real-World Examples
• Practical Exercises
• Case Studies

This instructor-led, live training (online or onsite) is designed for government managers who wish to identify and minimize the risk of fraud faced by eCommerce merchants. By the end of this training, participants will be able to: - Understand how eCommerce fraud occurs. - Analyze vulnerabilities in their organization’s eCommerce platform and processes. - Assess an organization's 'readiness' for adopting new anti-fraud measures. - Communicate and incorporate appropriate anti-fraud policies. **Format of the Course** - Interactive lecture and discussion. - Extensive exercises and practice. - Hands-on implementation in a live-lab environment. **Course Customization Options** To request a customized training for government, please contact us to arrange.

Course Goal:

To ensure that an individual has a core understanding of GRC processes and capabilities, and the skills necessary to integrate governance, performance management, risk management, internal control, and compliance activities for government.

Overview:

• GRC Basic Terms and Definitions
• Principles of GRC
• Core Components, Practices, and Activities
• Relationship of GRC to Other Disciplines

Overview

Regulatory bodies worldwide are increasingly aligning the level of risk taken by financial institutions with the amount of capital they must hold. Banks and other financial services organizations are adopting risk-based management practices to navigate this evolving landscape. The complexity of banking products, regulations, and global markets continues to grow, posing significant challenges for effective risk management. A critical lesson from recent banking crises is that risks are interconnected, necessitating a comprehensive understanding of these interactions to manage them efficiently.

Key features include:

• An explanation of current risk-based regulations
• A detailed review of the major risks faced by banks
• Best practices for adopting an enterprise-wide approach to integrating risk management across an entire organization
• Governance techniques to foster a culture where everyone actively participates in managing risks aligned with strategic objectives
• Potential future challenges for risk managers.

The course will utilize extensive case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks will be used throughout to highlight instances of failed risk management and actions that could have prevented losses.

Objectives

The objective of this course is to assist bank management in developing an appropriate integrated strategy for managing the complex and evolving risks and regulations in today’s international banking environment. Specifically, this course aims to provide senior-level management with an understanding of:

• Major risks within the financial industry and key international risk regulations
• Strategies for managing a bank’s assets and liabilities while maximizing returns
• The interplay between different types of risks and how banks can adopt an integrated approach to their management
• Corporate governance and best practices for balancing the diverse interests of stakeholders
• Methods for cultivating a culture of risk governance to minimize unnecessary risk-taking.

Who Should Attend This Seminar

This course is designed for individuals new to integrated risk management, senior management responsible for strategic risk management, or those looking to deepen their understanding of enterprise risk management. It will be beneficial to:

• Board-level bank management
• Senior managers
• Senior risk managers and analysts
• Senior directors and risk managers responsible for strategic risk management
• Internal auditors
• Regulatory and compliance personnel
• Treasury professionals
• Asset and liability managers and analysts
• Regulators and supervisory professionals
• Suppliers and consultants to banks and the risk management industry
• Corporate governance and risk governance managers.

This course is tailored to support professionals in enhancing their capabilities for government and private sector roles, ensuring they are well-equipped to address the multifaceted challenges of modern banking and financial services.

Leadership for Directors and Board Members is a course designed to enhance the leadership and governance capabilities of directors and board members in public sector organizations.

This instructor-led, live training (available online or onsite) is tailored for directors, executives, and board members who seek to develop effective leadership, governance, and decision-making skills at the board level for government entities.

By the end of this training, participants will be able to:

• Understand the legal, ethical, and strategic responsibilities of directors and board members in public sector roles.
• Apply principles of good governance to improve organizational performance within government agencies.
• Foster effective communication and collaboration among board members and other stakeholders for government operations.
• Respond to crises and manage risks at the executive level, ensuring continuity and resilience in government services.

Format of the Course

• Interactive lectures and facilitated discussions.
• Case studies and role-playing exercises relevant to public sector challenges.
• Group activities and scenario-based analysis focused on government scenarios.

Course Customization Options

• To request a customized training for this course tailored to specific government needs, please contact us to arrange.

This instructor-led, live training in [location] (online or onsite) is designed for intermediate to advanced-level board members and directors who seek to enhance their leadership, governance, and decision-making skills for government. By the end of this training, participants will be able to: - Understand the key responsibilities and legal duties of a director. - Develop effective governance structures and boardroom dynamics for government. - Enhance strategic decision-making and risk management capabilities. - Improve communication, leadership, and ethical decision-making at the board level.

In organizational management, ownership and accountability are fundamental principles that drive success. Ownership entails assuming responsibility and demonstrating initiative in task execution, while accountability involves being answerable for the outcomes. These concepts are essential as they foster a culture of responsibility and reliability, enhancing performance, facilitating effective problem-solving, and ensuring alignment with organizational goals, particularly for government agencies.

The governance of any organization is only as strong as its board of directors, and that board's effectiveness hinges on the capabilities of its chairman. However, the role of board leadership is both the most critical for ensuring board efficacy and the one with the least training and support. Conflicts over power between board leaders and chief executives are not uncommon. This document outlines the best practices of the world’s leading board leaders, offering insights into the proven strategies used by experienced professionals in the boardroom. These practices are essential for government agencies seeking to enhance their governance and accountability frameworks.

Citizens have always been the cornerstone of any public sector organization. However, the advent of the internet and social media has reshaped the operational landscape, diminishing traditional competitive advantages and placing Citizen Experience at the forefront of strategic success. In today’s environment, Citizen Experience is the final sustainable frontier for differentiation.

To excel in this dynamic setting, organizations must harness the appropriate skills, tools, and techniques to ensure that the citizen experience remains central to their value proposition. The ultimate strategic goal is to understand what citizens perceive as quality and consistently deliver it in a cost-effective and reliable manner, particularly for government services.

You may be seeking your first board seat, or you may have recently obtained a board role and are preparing for your initial board meeting. Additionally, an organization may wish to equip its emerging leaders and diverse talents with the necessary knowledge for effective boardroom participation. This one-day program is designed to provide all the essential information needed to ensure participants are well-informed and prepared from the moment they enter the boardroom. It aligns with best practices for government and supports the development of skilled, accountable leadership.