Transaction Monitoring (for non-banks)

Transaction monitoring mostly is carried out mostly by ‘rules based’ systems. Outside of the banks, there are some organisations who also use transaction checking sytems, including surveillance of transactions. But many struggle to reconcile volume of transactions and financial process with fraud and AML/ CFT detection efficiency. The range of transaction items and types vary. Payments, transfers, invoicing … Therefore, this new program is to support non-financial institutions; NGO’s, or any companies and organisations with strategic and project management skillsUsing an engaging and productive training method, we work with you using presentations, interactive group activities and project management outcomes for maximum learning value.

Overview

Why Attend?

How to remove uncertainty and overcome challenges in transition monitoring operations
To apply effective project management of the process
How to ‘Design out down-time’ with a phased project management approach for efficiency
How to support finance and other key personnel in the company / organisation
How to marginalise external fraud risk – strategic management and reporting

Agenda Highlights:

08:30 - Topics -
- Transactions and fraud and AML: key essentials and types
- Precision detection and analysis skills
- Avoiding the ‘here and now’ pitfall of transaction monitoring
- A particular examination of partnerships and existing 3rd-party contractual relationships
- Creating a cyclic transaction verification process to capture and verify transaction risks
- Implementing excellent strategic fraud management policy

Confirmed Speakers

Ian Ross - Director, Compliance & Training, Detecta E.U.S. -
- Accredited Counter Fraud Specialist
- ‘Listed expert' Cour pénale internationale (The International Court of Justice (The Hague)
- International Advisory Group Member, United States Institute of Peace ("USIP”)
- Fellow: Chartered Management Institute
- Trainer: ACAMS