Corporate Governance / Compliance for Board of Director & Senior Management

550.00 Dhs.

  • Level: Advanced
  • Location(s): Dubai
  • Duration: 4 Hours Executive Debrief
  • Venue: Sheraton Creek Dubai
  • Deliverables: Training, Handouts (Soft Copy)
  • Accreditation: Accredited ACC / FERG Certificate of Completion
  • Price:Participant Fee: AED 550 +VAT 5%
Course Details
  • Course Duration: 2 Hours
  • Course Trainer: Hossam Abd El-Rahman, CPA, CICA, CFE, CFS, CFCI, CDDP, CAMS, CAMS-FCI, CAMS-Audit, AMLP
  • Course Audience:Board of Directors
  • Course Language: English
  • Training Methodology: Briefing
  • Giveaways: Briefing Executive Padfolio & Accredited Certificate of Completion

About this Course:

United Arab Emirates has taken steps to issue AML/CTF Laws for Combating of Money Laundering and Financing of Terrorism. The Laws established improved governing principles and standards to protect local financial institutions from being used to launder money and finance terrorism.

Measures were also put in place that enable the freezing of terrorist assets, giving power to the public prosecutor to freeze or confiscate funds or instruments, if sufficient evidence exists to suggest that they were obtained or used with regards money laundering or terrorism financing.

Additionally, The Central Bank of United Arab Emirates has supplemented the AML/CTF Laws by issuing circulars and instructions to local financial institutions, instructing them on measures that should be taken to ensure that customer due diligence practices are adhered to, in order to give the new law the best possible chance of succeeding.

 

Briefing Objectives:

  • Briefing about Money Laundering, Reverse Money Laundering and Terrorism Financing Crimes,
  • BOD responsibility in fighting Money, Laundering, Reverse Money Laundering & Terrorism Financing Crimes a per the Law requirement
  • Highlighting the major requirements of the AML/CTF Laws
  • Highlighting the additional responsibility of MLRO’s under the AML/CTF laws.

Briefing Agenda:

Session 1: Money Laundering & Reverse money Laundering – How to mitigate the risks?

  • Money Laundering Updated Concept
  • Reverse Money Laundering Concept
  • Terrorism & Terrorism Financing

Session 2: Overview of United Arab Emirates AML/CTF Laws

  • Highlighting the major requirements of United Arab Emirates AML/CTF Laws
  • Highlighting the BOD responsibilities under United Arab Emirates AML/CTF Laws
  • ØHighlighting the Senior Management responsibilities under United Arab Emirates AML/CTF Laws
  • Highlighting the additional powers given to public prosecutors
  • Highlighting the additional responsibility of MLRO’s under United Arab Emirates AML/CTF Laws.

Closing Session: Wrap Up & Conclusion

Distribution of Certificates