ICA Specialist Certificate in Financial Crime Risk in Global Banking and Markets

Why Attend

In line with the recent UK FCA thematic review into money laundering risks and vulnerabilities in the capital markets, this course explores customer risk and financial market product and service risk typologies. It examines the specific financial crime risk factors involved in key customer types such as funds and exchanges and compares the vulnerabilities of major financial markets products, such as derivatives and foreign exchange. You will also learn more about the importance of the CDD process in mitigating these risks. This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

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Course Objectives


  • Regulatory environment, risks and impacts on the world of corporate banking and financial markets
  • Market abuse, fraud and manipulation, tax evasion, sanctions risk
  • Risk exposure and specific customer typologies
  • Financial markets products and their susceptibility to financial crime
  • The CDD process


Target Audience


• Compliance, AML and financial crime officers
• Money laundering reporting officers
• Managers responsible for internal compliance controls
• Internal and external audit staff
• Company secretaries
• Legal practitioners and support staff
• Accountants

Overview of Financial Crime Risk

  • Market abuse, fraud and manipulation
  • Money laundering
  • Terrorist financing
  • Tax evasion
  • Bribery and corruption
  • Sanctions

 

Customer Risk Typologies

  • Designated non-financial businesses and professions (DNFBPs)
  • Asset/fund managers, hedge funds, sovereign wealth funds
  • Correspondent banking/banks
  • Money service businesses
  • Exchanges and broker-dealers
  • Charities and non-profits
  • Oil and gas, extractive industries
  • Construction
  • Telecoms
  • Health and pharmaceutical

 

Financial Market Product and Service Risk Typologies

  • Derivatives
  • Foreign exchange
  • Loans and syndicated loans
  • Securities
  • Trade finance
  • Liquidity and cash management
  • Mergers and acquisitions
  • Commodities

 

Customer Due Diligence and The Customer Lifecycle

  • Customer due diligence (CDD)
  • Identification and verification (ID&V)
  • Know your customer (KYC)
  • Enhanced due diligence (EDD)
  • Ongoing due diligence
  • Risk approval and management

Conclusion

Step 1: Select Prefered Schedule


Date Fee (GHS)

Step 2: Choose Registration Type