FIBA Members: $1,395 USD
Non-Members: $1,595 USD
Government: $1,195 USD
**2019 FIBA AML Compliance Conference Attendees: 15% off with promo code**
The Certified Professional in Anti-Money Laundering is FIBA’s most advanced-level AML certification. The program follows a case-study format focusing on the actual challenges faced by the Senior AML Compliance Officer responsible for the AML compliance function within an institution and is also ideal for senior management and external directors.
The CPAML program provides the necessary tools to implement and improve the controls, policies, procedures and internal processes of several organizations and ensures that each participant is prepared to meet the challenge of meeting regulatory expectations to effectively report on all facets of the AML program to senior management, the board and regulators.
Eligibility & Preparation
Participants are required to have a minimum of three (3) years of management experience or in a risk management and / or compliance role, as well as a good knowledge base on AML / CFT compliance fundamentals. Before starting the course, participants will receive a "CPAML Workbook" that contains the 8 exercises of the course, which they must review and begin to prepare the answers During the two days of the workshop, the participants must collaborate in groups to develop, in detail, the answers of the exercises.
This program is delivered as a two-day in-person workshop that combines instructor-lead dialogues and practical exercises based on real case studies, ensuring that participants acquire the advanced knowledge of risk management that can be applied in real scenarios.
Who Should Attend
- Senior Compliance Officers
- AML Department Managers
- Risk Managers
- AML Consultants
The CPAML exam consists of three development questions that must be completed within 90 minutes. The answers should demonstrate an understanding of the application of AML laws and regulations in different real scenarios. Participants must pass the exam with a score of 80% or more to earn the FIBA certification.
- Module I: Developing and implementing a risk assessment
- Module II: Conducting KYC updates and recommendations
- Module III: Managing compliance with Examination Reports or Supervisory Actions
- Module IV: Managing an AML Department via daily, weekly, and monthly task lists
- Module V: Selecting and implementing a transaction-monitoring system
- Module VI: Investigating and documenting Suspicious Activity Reports (SARs)