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

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

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
4-month part-time programme
(2 days or 4 evening sessions of face-to-face workshops)
Self-study with a comprehensive course manual
An intermediate level programme resulting in 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

2018 TRAINING WORKSHOPS
Workshop	Workshop Dates	Venue	Assignment (Latest Submission)	Exam Date	Exam Centre	Introductory Fee (valid till 31 Dec 2018)
Group 1	23 – 24 May 2018	Kuala Lumpur (Asian Banking School)	23 Jul 2018	27 Oct 2018	TBA	RM 3,000*
Group 2	26 – 27 Jun 2018		27 Aug 2018	27 Oct 2018
Group 3	20 – 21 Aug 2018		22 Oct 2018	8 Dec 2018
Group 4	6 – 7 Aug 2018	Rafflesia Seminar Room A, Financial Park Complex, Labuan	8 Oct 2018	8 Dec 2018		RM 3,800*

*per participant

Disclaimer: Registration closing date is two (2) weeks before the training / workshop date. ABS reserves the right to close registration before the closing date if the number of participants exceed the maximum class size.

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
Individuals who have completed this certification programme and have at least 3 years of relevant work experience is eligible to apply to be an Associate Member of the Asian Institute of Chartered Bankers (AICB). Upon approval, members are entitled 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
Trainer

Vijayaraj R Kanniah
Vijayaraj R Kanniah is the Managing Partner of Messrs Sheila Hussain Vijay & Partners, a law firm specialising in banking. He is also the Managing Director and Principal Trainer at Visioon Business Solutions Sdn Bhd. Vijayaraj is an Advocate & Solicitor with the High Court of Malaya and remains active as a legal consultant, practitioner and trainer in the areas of credit, banking operations, corporate governance, anti-money laundering and anti-terrorism financing, and other legal compliance areas with various banks, financial service providers, enforcement agencies and corporations within the region.

He was formerly a banker for 12 years with extensive exposure in banking operations, commercial and corporate lending. He was also a former tutor with the Open University of Malaysia for their undergraduates and a former national and state sportsman. A double scholar of Malayan Banking Berhad and the Malaysian Hockey Confederation, Vijayaraj remains an active member of the Malaysian Bar Council, Asian Institute of Chartered Bankers, Malaysian Institute of Chartered Secretaries and Administrations, Malaysian Insurance Institute and International Compliance Association.

Vijayaraj holds a Master of Law (LLM) from the University of Malaya. He has a Bachelor of Law (LLB) from the University of London, Bachelor of Social Science from the University of Science, Malaysia and ICSA from the Malaysian Institute of Chartered Secretaries and Administration. He also holds an Advanced Certification in AML/CFT jointly awarded by the Institute of Bankers Malaysia and International Compliance Association, in collaboration with the University of Manchester Business School. He holds several professional qualifications including a Certificate in Legal Practice, Certified Credit Professional, Certified Credit Professional – Islamic, Certificate in Life Insurance and Investment Link.
Kwan Siew May
Kwan Siew May was admitted to the High Court in Sabah and Sarawak, and High Court of Malaya. She is currently a partner of Messrs Sheila Hussain Vijay & Partners, a law firm specialising in conventional & Islamic banking, conveyancing, anti-money laundering & counter terrorism financing and corporate governance.
She began her career with an international accounting firm after obtaining her law degree in 1996. She was a practicing advocate and solicitor in both contentious and non-contentious matters prior to joining one of the top developers in Kuala Lumpur, heading its legal, company secretarial and sales administrative departments.

Siew May has also worked as legal counsel in a multinational company having core businesses in New Zealand and China, providing legal and administrative support to senior management. She also served as Company Secretary for all board and general meetings. She holds a Bachelor’s degree in Law (LLB) from the International Islamic University. She also has an International Diploma and Advance Certification in AML/CFT jointly awarded by AICB, the International Compliance Association in collaboration with the University of Manchester Business School. She is a trainer in the areas of anti-money laundering & counter-financing of terrorism, company law and other legal compliance areas.

Siew May was the award recipient of the Member of the Order of Kinabalu (Ahli Darjah Kinabalu) (ADK) by the Government of Sabah and is an active member of the Malaysian Bar Council.
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 the setting up of the Compliance department in the two organisations that she had served in and during her 3-year tenure with a Money Services Business company, she also contributed in the formation of the Group of Compliance Officers, which is within the ambit of the Malaysian Association of Money Services Business. Her contributions were based on her experience as a committee member of the Compliance Networking Group while working in the banking industry. As a CONG committee member, she has been invited to lead panel discussions at the International Conference on Financial Crime and Terrorism Financing. She has 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 to various levels of staff at the organisations that she has worked at besides assisting MAMSB to train its members towards attaining a certification in AML/CFT.

Nik Nuun holds a Master of Science in Islamic Banking and Finance from the International Islamic University Malaysia (IIUM) and a Bachelor of Science in Agribusiness from the Agriculture University of Malaysia (UPM). Having specialised in Anti Money Laundering and Counter Financing of Terrorism (AML/CFT) since 2006, she obtained her International Diploma in Anti Money Laundering from the International Compliance Association (ICA), UK in 2009.
Yunos Yusop
Yunos Yusop is currently the Money Laundering Compliance Officer and 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 others 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, Royal Malaysian Police. He was one of the founding members of the Group Anti-Money Laundering and Counter Financing Terrorism office for a leading universal banking group in the region. He has also served at a Fraud Intelligence Department and Forensic Services and was a former Head of Compliance & Head of AML/CFT for a foreign bank in Malaysia. He has trained thousands of employees in the area of AML/CFT and Fraud Mitigation and has been a speaker at international conferences and seminars.

Yunos holds a B.Economic (Hons), B.Jurisprudence (Law), an MBA (Finance) from Ecole Superieure de Gestion, Paris, a renowned business school in France, and holds a Certificate in Internal Auditing for Financial Institutions (CIAFIN) awarded by the Institute of Bankers Malaysia (now known as the Asian Institute of Chartered Bankers - AICB). He also holds the Advanced Certification in AML/CFT from AICB and International Diploma in AML (Distinction) awarded by the International Compliance Association (ICA) in association with University of Manchester Business School (MBS). Yunos is a Member of the International Compliance Association (MICA), Associate Member of AICB and Associate Member of the Malaysian Association Certified Fraud Examiners (MACFE). He is also a Certified Professional Trainer awarded by the Malaysian Institute of Management (CPT-MIM) and Train The Trainer (TTT) awarded by the Human Resources Development Fund (HRDF) Malaysia.

In recognition for his efforts for promoting fraud awareness and AML/CFT compliance programmes to Malaysian corporations, he was appointed in 2001 as the Research Fellow of the Institute of Crime and Criminology, Help University. In 2017, he was appointed as the Alternate Chairman to the Compliance Group Networking Group (CONG) under AICB. He is currently the Director of Training for MACFE and an EXCO member of Transparency International.