Advanced Certificate for ECF on Anti-Money Laundering and Counter-Financing of Terrorism Macao (Core Level)
Programme Objectives
This programme aims to equip candidates with the core competence in respect of Anti-Money Laundering and Counter-Financing of Terrorism required under the Enhanced Competency Framework (ECF), the banking industry standard introduced by the Hong Kong Monetary Authority (HKMA), as well as the local requirements set by the Monetary Authority of Macao (AMCM).
Programme Outline
- Fighting money laundering / terrorist financing (ML/TF) - Why it is important and what is the legal/ regulatory framework?
- Managing the Risk of ML/TF in Banks in Macao – How does ML/TF take place?
- How Can Banks Combat ML/TF Through Establishing ML/TF Risk Management Framework?
- Knowing Your Customer – Customer Due Diligence
- Monitoring, Sanctions Compliance and Suspicious Transaction Reporting
Training Outline
| Subject |
Tuition Hours |
Credits |
| ECF on AML/CFT Macao (Core Level) |
24 |
20 |
Examination Structure
| Examination |
Format |
Passing Mark |
Duration (hours) |
| ECF on AML/CFT Macao (Core Level) |
Multiple Choice Questions |
70 |
2.5 |
.png){kind=logo}
