Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) - Professional Qualifications

Overview
Training Workshops
Objectives & Outline
Certification & Designation
Participant Profile
Trainers

Overview
The Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) is an intermediate certification in Anti-Money Laundering & Counter Financing of Terrorism (AML/CFT) and designed for those looking to deepen their understanding of the complexities surrounding AML/CFT today. This certification is a comprehensive programme, covering a wide range of in-depth modules of AML/CFT and has been designed for those who perform or would like to undertake a specialist role in AML/CFT functions. By the end of the programme, you will have a detailed understanding of AML/CFT and its functions, as well as gain industry specific knowledge and information beneficial to your role in the industry.
Programme Format
Four-month programme with two-day face to face workshop
Blended learning (self-study with a comprehensive course manual and dynamic e-learning platform)
An intermediate level programme leading to professional certification upon successful completion
Entry Requirements
Have at least 3 years of AML/CFT-related working experience
Have the ability to complete the reading and written aspects of the programme in English
Have relevant qualifications in the related area (optional but an added advantage)
Jointly Awarded by

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LEARNING LEVEL
Intermediate
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Training Workshops

MODULE & EXAM SITTING
Workshop Dates	Workshop Venue	Assignment Release Date	Due Date for Final Assignment Submission to AICB	Exam Date	Fees For workshop, assignment & exam)
17 – 18 Feb 2020 Group 1	Kuala Lumpur	20 Feb 2020	20 Apr 2020	25 Jul 2020	Fee: RM3,000* *Subject to 6% Service Tax
17 – 18 Mar 2020 Group 2	Kuala Lumpur	20 Mar 2020	18 May 2020	25 Jul 2020	Fee: RM3,000* *Subject to 6% Service Tax
22 – 23 Jun 2020 Group 2	Labuan	25 Jun 2020	24 Aug 2020	5 Dec 2020	Fee: RM3,800* *Subject to 6% Service Tax
17 – 18 Jun 2020 Group 1	Kuala Lumpur	11 Jun 2020	10 Aug 2020		Fee: RM3,000* *Subject to 6% Service Tax
20 – 21 Jul 2020 Group 3		23 Jul 2020	21 Sep 2020
4 – 5 Aug 2020 Group 4		7 Aug 2020	5 Oct 2020

Enrolments are now open with AICB for Workshop Classes for the AML/CFT series of programmes for the dates listed. This timetable is for reference only.

For more information on this programme and to register for Training Workshops, please visit www.aicb.org.my

Objectives & Outline
LEARNING OBJECTIVES
By the end of the programme, participants will be able to:
Analyse and differentiate the process work for Money Laundering and Terrorism Financing
Apply the ‘Know Your Customer Policy’ (KYC) and Customer Due Diligence (CDD), Enhanced Customer Due Diligence (ECDD), RBA and reporting of STR
State the responsibilities of Reporting Institutions (RIs) under AMLATFPUAA 2001 and understanding the standards of International bodies on AML/CFT
Distinguish the different supporting regulations, in-depth discussion on the law enforcement agencies’ (LEAs’) and cases review
Understand typologies trends in AML/CFT
Training Methodology
Lectures and workshop-styled discussions
Assessments
Submission of one assignment (3000-3500 words)
Two-and-a-half hours of 100 Multiple-Choice and Multiple-Selection Questions as well as case studies Multiple Selection Questions
PROGRAMME OUTLINE
MONEY LAUNDERING & TERRORISM FINANCING: ORIGIN & TYPOLOGIES
Origin of money laundering and terrorism financing and its stages
Analyse various organised techniques to launder their illegitimate income and terrorism financing

INTERNATIONAL BODIES UNITED AGAINST MONEY LAUNDERING AND TERRORISM FINANCING
Appraise international bodies and their AML/CFT standards

MALAYSIAN AMLATFPUAA 2001 & REGULATORY FRAMEWORK
Highlight the nature of predicate offence as a serious offence or a foreign serious offence
Regulatory framework and the scope of investigation, freezing, seizure and forfeiture of assets

IMPLICATION OF NON-COMPLIANCE IN ANTI-MONEY LAUNDERING AND COUNTER TERRORISM FINANCING
Examine the various types of risk and general impact of non-compliance of AML/CFT to the RIs and country

AML/CFT GUIDELINES IN MALAYSIA
Establish the important components under RBA and level of due diligence applied under various risk level
Highlight the importance of identifying the higher risk customers to apply higher level of monitoring

SUSPICIOUS TRANSACTION REPORT (STR)
Review of transactions to distinguish suspicious transactions based on irregularity of transaction patterns or customer’s behaviour
Establish purpose of submission and the repercussion of Tipping Off

SUPPORTING REGULATIONS
Distinguish the different supporting regulations and their importance to prevent money laundering and combating terrorism financing
Discussion on the law enforcement agencies’ (LEA) roles in enforcing the regulations and their powers in strengthening AML/CFT regulations

ANTI MONEY LAUNDERING AND COUNTER FINANCING OF TERRORISM (AML/CFT) ACROSS ASEAN COUNTRIES
Distinguish and examine the AML/CFT legislations in other ASEAN countries

REVIEW OF ANTI MONEY LAUNDERING AND COUNTER TERRORISM FINANCING CASES
Deploy a variety of case laws to analyse money laundering/terrorism financing

EVOLVING AML/CFT TYPOLOGIES
Discussion on new and emerging typologies in money laundering and terrorism financing activities
Certification & Designation
CERTIFICATE AWARDED
Upon successful completion of the programme, you will receive an Intermediate Certificate in Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO), awarded jointly by Asian Banking School (ABS) and Asian Institute of Chartered Bankers (AICB).
DESIGNATION
Individual who has completed this certification programme is eligible to be an Associate Member of Asian Institute Chartered Bankers (AICB). Upon approval, members are entitle to use the designation, ‘CAMCO’.
CONTINUING PROFESSIONAL DEVELOPMENT
Associate Members who have attained the professional designation must retain membership with AICB, adhere to the AICB’s Code of Professional Conduct and Continuing Professional Development (CPD) requirements. Members are required to undertake:
at least 35 hours of relevant CPD activity in each calendar year, of which 20 hours must be structured CPD;
at least 10 hours of the structured CPD must be in areas directly related to Banking and 5 hours of the structured CPD in Ethics and the remaining 5 hours can be any structured CPD activities.

Visit www.aicb.org.my/membership/cpd for more information on CPD requirements
Participant Profile
All Reporting Institutions staff under AMLATFPUAA 2001 First Schedule
All staff of AML/CFT Compliance and Financial Crime Officers
Managers with responsibility for Internal Compliance Control
Internal and External Audit Staff
Accountants, Company Secretaries and Legal Practitioners
Licensed bank
Licensed investment bank
Licensed insurer, approved financial adviser, insurance broker for life busines
Approved issuer of designated payment instrument
Approved money-broker
Licensed Islamic bank
Licensed international Islamic bank
Licensed takaful operator, licensed international takaful operator, approved Islamic financial adviser, approved takaful broker for family takaful business
Approved issuer of designated Islamic payment instrument
Institution under Development Financial Institutions Act 2002
License holder dealing in securities, derivatives or fund management
Money Changers
Lembaga Tabung Haji
Pos Malaysia Bhd
Common gaming house
Licensee under Pool Betting Act 1967
Totalizator agency
Racing club (Public Sweepstakes)
Notary public
Trust company
Public Trust Corporation
Moneylender
Pawnbrokers
Real estate agent
Precious metals or precious stones dealer
Building credit business, development finance business, factoring business or leasing business
Trainers

YUNOS YUSOP
Yunos Yusop is currently the Money Laundering Compliance Officer and Group Head of AML/CFT Compliance at a Malaysian bank. He has had over 20 years of experience in the financial industry, which includes working on Risk Management projects with Bankers Trust of London (BT), Arthur Anderson, AT Kearny and other major consultation firms. He has also gained extensive experience managing and combating internal and external fraud while working with a Retired Deputy Director of CID of the Royal Malaysian Police. He had experience in setting-up the Group AML/CFT office for a leading universal banking group, served with a Fraud Intelligence Department & Forensic Services and was a former Head of Compliance and Head of AML/CFT for a foreign bank in Malaysia.

Yunos holds a B.Economic (Hons), B.Jurisprudence (Law), an MBA (Finance) from Ecole Superieure de Gestion, Paris and holds a Certificate in Internal Auditing for Financial Institutions (CIAFIN) as well as an Advanced Certification in AML/CFT, specialist certificate in Money Laundering Risk in Correspondent Banking and Managing Sanctions Risk and Certified Professional AML/CFT (Manchester). Yunos is a Member of the International Compliance Association, Associate Member of Asian Institute of Chartered Bankers (AICB) and Associate Member of the Malaysian Association Certified Fraud Examiners. He is also a Certified Professional Trainer (Malaysian Institute of Management) and Train The Trainer (HRDF) Malaysia. He is a Research Fellow of the Institute of Crime and Criminology, HELP University and moderates AML/CFT Module in MSc in Economic Crime Management, served as Deputy Chairman to the Compliance Officers Networking Group (CONG) in 2017 and former Director of Training for Malaysian Association Certified Fraud Examiners (MACFE) and EXCO Member for Transparency International Malaysia.
NIK NUUN ASMA BT NIK SULAIMAN
Nik Nuun Asma Bt Nik Sulaiman has 34 years of working experience, with 31 years spent at the largest bank in Malaysia. During her tenure at the bank as Head of Group AML/CFT, she was responsible for overseeing the project to implement their AML system. Earlier, while heading Business Process Reengineering, she also managed the implementation of their Fraud System. Nik Nuun was also instrumental in setting up a Compliance department in the two organisations that she had served in and during her 3-year tenure with a Money Services Business company, and also contributed in the formation of the Group of Compliance Officers. She was also a committee member of the Compliance Networking Group and has led panel discussions at conferences and shared her experiences at forums through invitations from institutions that included the Ministry of Finance, Brunei, Central Bank of Vietnam and BII Bank, Indonesia. She also provided training on AML/CFT at the organisations she has worked at besides assisting MAMSB to train its members towards attaining a certification in AML/CFT.

Nik Nuun has a Master of Science in Islamic Banking and Finance from the International Islamic University Malaysia and a Bachelor of Science in Agribusiness from the Agriculture University of Malaysia. She also holds an International Diploma in Anti Money Laundering from the International Compliance Association.

MANJEEV SINGH
Manjeev Singh is the Head of AML/CFT at a foreign bank based in Malaysia. His role specifically requires him to report to and reassure the Board and Senior Management that the AML/CFT policy and procedures of the institution are consistent with regulatory requirements. On a day-to-day basis, he provides an advisory capacity to the Business Units on the key aspects in managing the AML/CFT and Sanctions risks and ensures that the various systems related to AML/CFT monitoring remains robust and relevant to detect and deter financial crime risk.

He has worked before at a global bank based in Kuala Lumpur and a Malaysian bank where he was instrumental to lead and liaise with various key stakeholders to ensure that proactive approaches had been taken to identify and manage financial crime risk. He was known for his “soft approach, hard solutions” mantra in achieving the various tasks that were assigned to him. Manjeev has also had various roles as a regulator and at the start of his career, was with a Big-4 accounting firm.

Manjeev has a Bachelor of Accountancy (Hons) from Multimedia University and is a Certified Professional in AML/CFT Compliance. He has completed his Master in Business Administration (Leadership) at Asia-e-University.