Here are the top three areas our team home in on when providing training:

1. Understanding regulatory requirements:

Providing employees with a comprehensive understanding of the legal and regulatory framework governing AML/CFT compliance is paramount. It ensures they are familiar with the laws, regulations, and guidelines issued by regulatory authorities, helping them understand their responsibilities and the consequences of non-compliance. A well-informed workforce ensures that your business remains up to date with any evolving regulations and can implement changes when necessary.

2. Recognising red flags:

Strategi’s training programmes equip employees with the knowledge and skills to recognise potential red flags and suspicious activities indicative of money laundering. By understanding the typologies and techniques employed by money launderers, employees can identify unusual transaction patterns, inconsistent customer behaviour, or signs of attempted laundering. Early detection of red flags allows employees to report suspicious activities to the appropriate staff or organisations for further investigation.

3. Building a culture of compliance:

Fostering a culture of compliance within your business is crucial and can really be cemented through good training. By focusing on the importance of AML/CFT compliance and the role of each employee in preventing financial crime, you can create an environment that values integrity and ethical behaviour. Regular training sessions, workshops, and communication channels dedicated to AML/CFT help reinforce the message and ensure that employees remain vigilant and committed to their compliance obligations.

If you would like more information about the AML/CFT training and awareness programmes we offer, please get in touch.