• Overview
  • Training Methodology
  • Programme Outline
  • Participant Profile
  • Lecturers
  • Overview


    Workshop 1 – 25 May 2022
    Exam – 23 Jul 2022

    Workshop 2 – 19 Sep 2022
    Exam – 19 Nov 2022


    9:00 am – 5:00 pm (workshop)
    Today’s world has seen an unprecedented acceleration in money laundering and terrorism financing (ML/TF) threats. In fact, there are new strategies in facing ML/TF threats, some much more complex than we realise.

    AML/CFT certification is an essential part of compliance training. Getting updated in the latest regulations and acquiring the ability to spot ML/TF is the most effective way to protect financial institutions and its assets from being a conduit for illegal activities. Through this programme, participants will get to know the trends in ML/TF and understand their role in complying with all the laws and regulations in order to keep their business up to date with the latest developments.



    (Fee shown is per participant and subject to 6% Service Tax)

    In collaboration with:

  • Training Methodology


    After the completion of this programme, participants will better understand how to carry out specific tasks such as on-boarding customers, risk assessment, adhering to regulatory guidelines and international standards, filing suspicious transaction reports and identifying the evolving ML/TF typologies.
    By the end of the programme, participants will be able to:

    • Describe how the money laundering, terrorism financing and proliferation financing process works and examine the money laundering activities by criminals
    • Understand the roles of authorities and standard setting bodies
    • Understand the various types of risks faced by reporting institutions (RIs) for non-compliance of AML/CFT regulations
    • Recognise components of the risk-based approach
    • Describe the main reporting obligations of RIs
    • Identify the scope of investigation and freezing of assets by government agencies
    • Identify typologies of money laundering and terrorism financing activities


    • This programme will be delivered via a 1-day face-to-face workshop and will take 2 months to complete
    • The AML/CFT case studies are designed specifically within the Asian context and a comprehensive programme manuscript will be provided
    • Blended learning (self-study with a comprehensive course manuscript and e-learning platform)
    • All learning and assessments are conducted in English
    • Upon completion of this programme, participants are able to enrol in the Certified AML/CFT Compliance Officer (CAMCO) advanced level professional certification programme
    • Assessment : 80 Multiple-choice questions
  • Programme Outline
    MODULE 1: Understanding what is money laundering and terrorist financing
    • Identify the three stages of money laundering and terrorism financing and the various methods used by of criminals to launder money through financial institutions
    • To explain the placement, layering and integration processes in turning the illegal funds to legitimate funds in money laundering process
    • To explain the process on collection, transferring and use of funds to achieve the objective of terrorism financing

    MODULE 2: AML/CFT framework and governance
    • To identify the roles of competent authority and law enforcement agencies as regulator and supervisors
    • To examine the various recommendations pertaining to standards set by international bodies

    MODULE 3: Risk-Based Approach (RBA), Customer Due Diligence (CDD) and Suspicious Transaction Report (STR)
    • Able to classify the various risk factors for risk profiling
    • Review transactions that raises suspicion for STR filing to competent authority

    MODULE 4: Reporting obligations and responding to investigations by Law Enforcement Agencies (LEAs)
    • To identify mandatory reporting aspects and avoiding tipping off the customer
    • To recognise the various orders from LEAs and responsibility of reporting institutions to provide timely information for their investigations

    MODULE 5: Anti-money laundering and anti-terrorism financing typologies
    • Able to relate the latest typologies involving ML/TF
    • To evaluate the various emerging ML/TF trends carried out by criminals
  • Participant Profile
    • Support function staff
    • Banks
    • Insurance and Takaful
    • Money Services Business
    • Remittance Companies
    • Issuers of designated payment instruments
    • Financial Advisers
    • Government-Linked Companies
    • State-Owned Corporations
    • Precious Metal Merchants
    • Real Estate Agency
    • Professional services related to AML/CFT
    • Virtual Currencies Business
    • Those interested in understanding the fundamentals of AML/CFT

  • Lecturers

    Aazad Ananthan Abdullah

    Aazad Ananthan Abdullah has 23 years of working experience in foreign banks including in Labuan offshore banks. During his tenure as a Trade Finance Manager at several banks in Labuan, he was responsible for overseeing the project to set up their Trade Finance Department and SWIFT payment system. Later, while heading the Compliance Department in these banks, he also managed the implementation of policy and procedures pertaining to the overall trade finance operations and compliance.

    Aazad holds a Bachelor of Jurisprudence (Law) from Universiti Malaya (UM), a Bachelor of Business Administration from Universiti Utara Malaysia and a Master of Commercial Law at University Malaya. He has an Advanced Certification in AML/CFT jointly awarded by the Asian Institute of Chartered Bankers and International Compliance Association in collaboration with the University of Manchester Business School. Aazad specialises and delivers training in the subjects of anti-money laundering/ counter-financing of terrorism, sanctions compliance, anti-bribery/corruption (ABC) and provides consultancy work related to AML/CFT policy and procedures for the financial industry. He is a Senior Consultant at the Asian Banking School and is also a HRDF certified trainer.

    Abu Bakar Abdul Rahman

    Abu Bakar Abdul Rahman has more than 30 years of experience in various executive roles as Chief Compliance Officer and Chief Internal Auditor and in several roles in consumer credit and banking operations for a leading universal banking group, a foreign bank, other local banking groups and a financial development bank.

    He has led development, design and implementation of Group Regulatory Compliance programmes, policy and procedures, governance, oversight, and engagement structure including training and education. He subsequently introduced and streamlined group-wide and regional compliance programmes including various education initiatives and training programmes.

    Aside from this, Bakar has developed and implemented a risk self-assessment programme to continuously strengthen the effective controls of internal processes and enhanced staff competency. This effort led to an award for Compliance Risk and Control Self-Assessment Programme Most Innovative Systems Solutions by Tricor Roots. He had also led the development and implementation of an AML/CFT Transactional Monitoring System via an integrated system solutions bank-wide. One of the projects was awarded the MIS Asia Award for Anti-Money Laundering System Solutions in Best Knowledge Management Category. He also has valuable and extensive working experience with regulators, law enforcement agencies and relevant stakeholders.

    In the audit environment, Bakar led the development and implementation of the Global Institute of Internal Auditors’ International Professional Practices Framework [IPPF] Certification. He also led a working team towards the development and implementation of an internal audit (IA) performance management system via integrated system solution to enable auditors to drive agile IA programmes aligned with organisation goals and the bank’s multi-dimensional risks.

    Bakar holds a Bachelor’s in Business Administration (Hons) and Certified Professional in Financial Crime Compliance (Manchester). He is a Member of the International Compliance Association, Associate Member of Asian Institute of Chartered Bankers (AICB) and Senior Member of the Institute of Internal Auditors Malaysia. He was also a member of the Compliance Officers Networking Group (CONG).

    His interest includes travelling, reading and sport activities. In charity, he is a Life Member of the Society of Orthopedically Handicapped Malaysia and holds a Certificate in International Disabled Sports and Coaching.

Please complete the following form to register with us. Alternatively, you can email us here or call us at +603 2701 7822 if you have any questions.


Please download the Payment Form for our Banking details and if making company sponsored payments


Upload your Payment Form/Receipt and submit with your online registration


You will receive a confirmation email upon successful registration
I'm Applying For
Programme Details
Select Programme
Please select a time slot.
(As per NRIC/Passport)
New NRIC No/Passport No*
Contact No*
Job Title/ Designation*
Company Name*
Mailing Address*
Payment Method*
Fees *
(Subject to 6% Service Tax)
AICB Membership No
(If applicable)
Special Remarks
(If applicable, please fill in your FMAM (PPKM) membership number here)
Upload Payment Receipt or Form*
(.pdf, .jpeg and .png only)
*Required fields
Captcha validation failed.
Please confirm your submission
I'm Applying For
Programme Details
(As per NRIC/Passport)
New NRIC No/Passport No
Contact No
Job Title/ Designation
Company Name
Mailing Address
AICB Membership No
Special Remarks
(If applicable, please fill in your FMAM (PPKM) membership number here)
Payment Method

Unit Price:
Tax (%):
Please take note that this amount will be reflected in Malaysian Ringgit (MYR) in the iPay88 Payment Gateway based on the daily foreign currency exchange rate.
Fees in MYR
Unit Price:
Tax (%):
Thank you for your submission. You should receive an automated email shortly at the email address you provided if the submission had gone through successfully. If you do not receive the email, please contact us at +603 2701 7822 or email
We are now redirecting you to payment gateway. Please do not close or refresh this page. Thank you.
There are currently no upcoming Programme slots.
Please email us here or call us at +603 2701 7822 if you want to check on future slots.
No Results Found
  • Title
    Date Range

Copyright © Asian Banking School (ABS) (201201039737 (1024215-T)). All rights reserved.


Generic Popup