Sri Lanka and its financial institutions are committed to stop money laundering and the financing of terrorism. In particular, financial institutions do not want to facilitate the laundering of illicit proceeds of drug trafficking through their customers’ accounts. In this webinar, risk and compliance professionals will learn how to build an effective anti-money laundering and counter-financing of terrorism (AML/ CFT) programme so that they can detect, investigate and report unusual or suspicious transactions and / or account activity.
Join this interactive session where our speakers will share practical insights on how to effectively deploy the foundational blocks of customer due diligence, transaction monitoring and screening and how these can be adapted to meet the new emerging risk from digital banking. In this world of increasing digitalization, financial institutions will need effective controls to manage money laundering / financing of terrorism risk, as well as the risk of online frauds.