Code 01 Course The International and National Regulatory Framework on Money Laundering and Terrorist Financing

Introduction

This course addresses the system for preventing money laundering and terrorist financing, both at the international and national levels.

Structure

The course consists of a half-day, three-hour classroom session. The course includes significant hands-on instruction with the practical analysis of real-world cases, proposed by the students themselves, which are then analyzed and discussed in plenary sessions or through exercises led by the instructor. Each half-day of training provides two training credits, required for renewing the school's certifications (AMLACERT, KYCACERT, RCACERT, WSACERT) and the CAMS certification. Furthermore, this course serves as the introductory module for the Master's Anti-Money Laundering Diploma, providing a solid foundation for those wishing to further explore anti-money laundering issues.

Program

THE PREVENTION SYSTEM ANTI-MONEY LAUNDERING AND ANTI-TERRORISM
– International Framework

Money laundering
– The Committee's Declaration of Principles of Basel
– The United Nations Conventions of Vienna and Palermo
– The Council of Europe Conventions of Strasbourg and Warsaw
– The action of the FATF/GAFI

European Union Directives
– The First Anti-Money Laundering Directive
– The Second Anti-Money Laundering Directive
– The Third Anti-Money Laundering Directive
– The Fourth Anti-Money Laundering Directive
– The Fifth Anti-Money Laundering Directive

AML Package
– AML Authority
– The Single Rulebook
– Revision of EU Regulation no. 2015/847
– The Sixth Anti-Money Laundering Directive (work in course)

Financing of terrorism
FATF/GAFI Special Recommendations
The intervention of the United Nations
The measures of the European Union

THE PREVENTION SYSTEM ANTI-MONEY LAUNDERING AND ANTI-TERRORISM
– National Discipline

Legislative sources and regulations.
– The Legislative Decree
November 21, 2007, no. 231.
– The implementation of the Fourth Directive anti-money laundering.
– The Bank's Provisions Italy.

The supervisory authorities and di controllo.
– The distribution of anti-money laundering functions
– The role of the Financial Security Committee
– The role of the Financial Intelligence Unit
National and international cooperation
Risk analysis and assessment
Appendix