AML course – Transaction Monitoring

Introduction

Transaction Monitoring, known as the monitoring of financial transactions, represents a fundamental pillar for financial institutions and companies engaged in the prevention and control of detection of suspicious activity, particularly in the context of money launderingsmuggling of dirty money and terrorist financing.
This practice involves constant supervision and analysis of the financial transactions in order to identify anomalous behavior or potentially illegal.

Structure

The Specialized Course on Transaction Monitoring and SOS is structured in two complementary parts, each fundamental for the comunderstanding and effectiveness in managing operations financial:
Part 1: Transaction Monitoring. In the first part of the course, we Let's focus on Transaction Monitoring.
Part 2: Reporting Suspicious Transactions (SOS). In the second part of the course, we delve deeper into reporting suspicious transactions. Suspicious.

recipients

The figures involved are: Managers and specialists of Anti-Money Laundering Function, DelegationAnti-Money Laundering, Responsible SOS, Managers and Specialists Legal, Compliance Managers and Internal Audit, Managers and Risk Management specialists, Consultants and freelancers who have decided to acquire a new specialization and all those who work or desirethey wanted to work in the sector Know Your Customer.

Program

Premise
National and international regulatory framework on money laundering and terrorist financing

Transaction Monitoring
Checking the quality of the information processed
Acquisition of any further documentation to be acquired from the client or through databases (public or otherwise)
Defining the process for identifying false positives
Analysis of the existence of the prerequisite for money laundering or terrorist financing
Reconstructability of the evaluation process

Reporting suspicious transactions
Analysis of anomaly indicators
Origin and destination of funds
Connections between subjects
Archiving process
Formulation of suspicion

Final exam