A two-day practitioner-level programme for Compliance Officers and senior compliance personnel who have foundational AML/CFT knowledge and need to build operational competence in programme design, risk management, investigation, and regulatory engagement.
The programme goes beyond awareness. It builds the practical skills required to design, implement, and sustain a defensible AML/CFT compliance programme that stands up to a BNM supervisory review.
HRD Corp SBL-Khas Claimable
8:30 AM – 9:00 AM
Registration, Objectives & Experience Mapping
Participant registration, programme objectives, and a structured mapping of participants' current CO experience to set the learning baseline for the two days.
9:00 AM – 10:30 AM
Business Risk Assessment
ML/TF Business Risk Assessment methodology using threat, vulnerability, and consequence framework. Sector risk factors for property, legal, accounting, corporate services, and money services businesses. Customer, product, and geographic risk including high-risk jurisdictions and FATF grey and black lists. Participants map their organisation's risk profile using a structured template and document findings in BNM-defensible format.
10:30 AM – 10:45 AM
Break
10:45 AM – 12:30 PM
Compliance Programme Design
Anatomy of a defensible AML/CFT compliance programme addressing all 9 CO duties. Policy and procedure design, internal controls covering preventive, detective, and corrective measures, and governance structure including CO authority and escalation paths. Staff training obligations, compliance calendar design, and a workshop where participants draft a one-page compliance programme outline for their organisation.
12:30 PM – 1:30 PM
Lunch
1:30 PM – 3:30 PM
Advanced CDD and High-Risk Relationships
CDD tiers and beneficial ownership tracing through corporate layers, trusts, and nominees. PEP identification, EDD requirements, and ongoing monitoring. Non-resident and foreign client risk, high-risk business types for DNFBPs including shell companies and cash-intensive businesses. Ongoing CDD triggers, relationship exit procedures, and a case workshop covering three realistic CDD scenarios.
3:30 PM – 3:45 PM
Break
3:45 PM – 5:00 PM
STR Investigation and Quality Filing
Structured STR evaluation criteria and managing the internal STR pipeline from staff to CO. STR narrative writing to BNM FIED quality standards, tipping-off prohibition, and CTR obligations alongside STR. Case workshop covering two STR scenarios with filing decision and rationale.
5:00 PM
Day 1 Debrief & Overnight Reflection Task
Day 1 wrap-up and briefing of the overnight reflection task to be completed before Day 2.
8:30 AM – 9:00 AM
Day 1 Recap & Reflection Task Debrief
Review of Day 1 key concepts and group debrief of the overnight reflection task.
9:00 AM – 10:30 AM
Sanctions and TFS Programme Management
TFS framework covering Terrorism Financing, Proliferation Financing, and other sanctions obligations. Domestic List and UN Sanctions List sources and access. Sanctions screening programme design by customer and employee risk level, positive match procedure including freeze, verify, and BNM reporting, and false positive management and documentation.
10:30 AM – 10:45 AM
Break
10:45 AM – 12:30 PM
Emerging Risks and New Product Assessment
CO duty 8 obligations when identifying ML/TF risks from new products and operational changes. Digital payment channels, e-wallets, BNPL, remote onboarding risk, crypto-asset exposure, and third-party reliance. Pre-launch AML risk assessment template and a workshop where participants assess ML/TF risk for a fictional new product.
12:30 PM – 1:30 PM
Lunch
1:30 PM – 3:30 PM
Internal AML/CFT Audit and Controls Review
Internal AML/CFT controls review methodology and audit checklist covering policy, CDD, STR, CTR, sanctions, training, and record keeping. Testing controls, gap analysis, and reporting findings to directors and senior management. Remediation tracking and a workshop where participants conduct a partial controls review using a live checklist.
3:30 PM – 3:45 PM
Break
3:45 PM – 4:45 PM
BNM Supervisory Engagement Simulation
BNM's risk-based inspection process for DNFBPs and typical document and information requests. Common inspection gaps including policy deficiencies, CDD failures, and STR under-reporting. Small-group simulation where participants respond to a mock BNM inspection query set, followed by debrief and final action planning.
4:45 PM – 5:00 PM
Assessment, Action Planning & Certificates
Programme assessment, personal action planning, and certificate presentation.
Practising Compliance Officers in DNFBPs and NBFIs seeking to strengthen their compliance programme. Compliance managers responsible for designing and auditing AML/CFT controls. Senior managers accountable for AML/CFT governance. Internal auditors or risk officers conducting AML/CFT reviews. COs preparing for a BNM supervisory visit or responding to prior inspection findings.
Level Practitioner — for COs with foundational AML/CFT knowledge
Pre-requisite AML/CFT Compliance Officer Essentials or 6 months' active CO experience
Duration 2 Days | 8:30 AM – 5:00 PM each day
Training Mode Physical / Online / Hybrid
Venue Online session or in-house training at client's premises
Assessment Two-part — written knowledge check plus practical case exercise. Combined 70% pass mark. Full attendance both days required.
Certificate Certificate of Completion awarded upon successful assessment and full attendance
