AML/CFT Mastery and Specifics

1) Session

  • The process of money laundering and terrorism financing and the urge to fight against it
  • Practical examples of money laundering

2) Session

  • Offshore financial centers and the risks associated with them
  • Practical examples of the use of offshore companies for money laundering
  • ML/TF Red flags.

3) Session

  • Local and international oversight and regulatory framework
  • Annual Report of the Financial Monitoring Service
  • Moneyval fourth round assessment for Georgia

4) Session

  • Client Onboarding
  • KYC & CDD
  • Ongoing CDD Requirements

5) Session

  • Risk-based approach and AML risk classification
  • Risk assignment criteria, methods of their implementation in practice and risk weighting
  • Organizational risk assessment

6) Session

  • Study of the structure of a legal entity
  • Practical examples of determining the ultimate beneficial owner

7) Session

  • International sanctions
  • Monetary penalties for local and international financial institutions
  • The procedure for determining and imposing monetary fines

8) Session

  • Reporting obligations to the National Bank and the Financial Monitoring Service.
  • Money Laundering and Terrorist Financing Risk Oversight Report
  • Employee responsibility and the importance of raising awareness of ML/TF in financial organizations
  • Final test

After successfully completing the training, you will receive a bilingual certificate.


Lela Aleksashvili

With many years of experience in the financial sector, since 2016, she has been working in the direction of promoting the prevention of money laundering. Currently leads the AML departament in Payze

₾650 ₾ 900
  • Duration1 Month
  • Schedule

    Tue 19:00-20:00
    Thur 19:00-20:00

  • Language Georgian