Risk Based Approach to AML/CFT/ 04-Jun-2018 - 08-Jun-2018

Risk Based Approach to AML/CFT

Bankers Committee members pay N 123,465.00 only


The quest to protect the global financial system and sanitise our immediate environment has brought about the need to look into the risk-based approach to Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT). In pursuit of this, it is essential to identify, assess and comprehend the money laundering/financing of terrorism risks the nation and the financial services are exposed to, and to take commensurable measures to effective mitigate these risks.

Target Participants

Compliance Officers, Managers and Officers in Internal Control and Audit functions from Banks, Insurance, Mortgage Homes and Investment Houses. Financial and Investment Analyst, Regulators in the Financial Services Sector and Enforcement Officers in Public and Private Corporation will find the course useful.


At the end of the course, participants should be able to effectively:

  • Demonstrate comprehensive understanding of Risk-Based Approach to AML/CFT
  • Mitigating risks exposure as a result of Money Laundering and Terrorism Financing
  • Gain Skills for Building Risk Framework for AML/CFT
  • Identify practical measures for reducing the impact of ML/FT Risk


  • An Overview of the Concept of Risk Based Approach to AML/CFT
  • Regulatory Framework guiding Risk Based Approach to AML/CFT
  • The Importance of Supervisory role in ML/FT Risk Management
  • Threat Assessment of Money Laundering and Terrorism Financing
  • Identify Possible Risks Exposures from ML/FT
  • Risk Assessment Methodologies
  • Creating Specific Risk Profiling
  • Tools and Techniques to mitigate the Risk Exposures
  • Risk Management process for ML/CFT
  • Practical Measures to erode the Impact of ML/FT Risks
  • Building a Risk Framework for AML/CFT

For more information: call Alex 0806 772 8200 or Email: ajoseph@fitc-ng.com

Register Now

If you would like to attend this training programme, please fill the form below and we will contact you as soon as possible. You can also pay for courses online.

Our learning sessions are unique in 4 ways

  1. Programme design & delivery recognize the needs of adult learners in career
  2. Experience sharing by practitioners, with well over two decases of experience in areas relevant to course topic, whom we call "Programme Directors"
  3. Course delivery by practitioners based on conceptual research background
  4. The essence of our corproate brand and orientation within concept implementation thinking

The fees cover tuition, course materials, group lunch, tea/coffee and snacks but EXCLUDE accommodation.
Dress Code: Formal

Discount on Fees

3 participants 5% Discount
4 participants & Above 7.5% Discount

Payment of Fees

Payment of fees should be in cash or CERTIFIED CHEQUE/BANK DRAFT made payable to the FITC before the commencement date or on arrival at the venue.

Refund of Fees

Fees paid for participants who do not turn up eventually would be refunded, subject to deduction of 25% administrative cost.


Formal lectures, case studies, participative group exercises and experience sharing.


The programme commences at 10.00a.m. on Monday, 9.00a.m other days and ends at 4.00p.m. daily.

In-plant Option

Do you intend to train more than 20 participants? Are you considering an in-plant option?
Please call us ☎

International Participants

International participants should please inform FITC of their attendance ahead of the programme, to enable us prepare airport pick-up for them.

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