Anti-money laundering and terrorist financing training
Anti-money laundering (AML) and terrorist financing prevention (TFP) is an extremely important issue for financial market members which is strictly regulated by the Republic of Lithuania Law on AML and TFP, and other legal acts and resolutions.
The goal of the training organised by “Forbis” is to help financial institutions to better understand the legal requirements of AML and TFP and how to efficiently apply them in practice.
Who will benefit from this training programme?
The training is intended for employees of financial service companies—from payment institutions to banks—responsible for organisation and implementation of anti-money laundering and terrorist financing prevention measures or directly working with customers, their accounts or payments.
Main topics of the training
The training consists of theoretical and practical parts.
Money laundering. How does it work?
Anti-money laundering and terrorist financing laws and regulations
Financial institution’s duties
Risks and penalties
Main principles that must be followed when servicing customers
Criteria of suspicious operations
Customer rating according to money laundering and terrorist financing risk
Adaptation of the FORPOST system for anti-money laundering purposes
Practical aspects of applying anti-money laundering
Documents and procedures applicable to a financial company
This programme can be tailored to your needs.
Duration of training: 1 day
Optional purchase of documents
For your convenience, we can provide operational documents for your Compliance department which are expected by Bank of Lithuania:
Registration log of customer’s monetary operations
Registration log of customers with whom business relationship is terminated
Registration log of suspicious operations and contracts
Know Your Customer Questionnaire (Individual)
Know Your Customer Questionnaire (Corporate)
Rules for determination of a beneficiary
Rating of countries according to a risk level of money-laundering and terrorist financing
Rating of customers according to a risk level of money laundering and terrorist financing