Financial Action Task Force (FATF) Training

Instructor-Led Training Parameters

Course Highlights

  • Instructor-led Online Training
  • Project Based Learning
  • Certified & Experienced Trainers
  • Course Completion Certificate
  • Lifetime e-Learning Access
  • 24x7 After Training Support

Financial Action Task Force (FATF) Training Course Overview

Strengthen your expertise in anti-money laundering and counter-terrorist financing with Financial Action Task Force (FATF) Training by Multisoft Systems. This program offers an in-depth understanding of FATF recommendations, compliance frameworks, and enforcement mechanisms—empowering finance, compliance, and risk professionals to effectively safeguard organizations and ensure adherence to international regulatory standards.

The Financial Action Task Force (FATF) Training by Multisoft Systems is designed to equip professionals with a deep understanding of international standards for combating money laundering (AML), terrorist financing (CTF), and the proliferation of weapons of mass destruction. This comprehensive program explores FATF’s 40 Recommendations, national risk assessments, mutual evaluation processes, and compliance obligations for financial institutions and designated non-financial businesses. Participants will gain insights into the structure and objectives of FATF, its regional bodies, and how member nations implement its guidelines. Through real-world case studies and compliance frameworks, learners develop the ability to identify, assess, and mitigate financial crime risks within their organizations. The training also emphasizes the importance of a risk-based approach, customer due diligence (CDD), and effective internal controls to maintain transparency and trust in financial systems.

Ideal for compliance officers, auditors, regulators, bankers, and policy professionals, this course bridges theory and practice through interactive discussions and regulatory simulations. By the end of the training, participants will be able to align their institutional compliance strategies with global FATF directives, ensuring adherence to evolving financial integrity standards and fostering a secure, transparent, and responsible financial ecosystem.

Instructor-led Training Live Online Classes

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Financial Action Task Force (FATF) Training Course curriculum

Curriculum Designed by Experts

Strengthen your expertise in anti-money laundering and counter-terrorist financing with Financial Action Task Force (FATF) Training by Multisoft Systems. This program offers an in-depth understanding of FATF recommendations, compliance frameworks, and enforcement mechanisms—empowering finance, compliance, and risk professionals to effectively safeguard organizations and ensure adherence to international regulatory standards.

The Financial Action Task Force (FATF) Training by Multisoft Systems is designed to equip professionals with a deep understanding of international standards for combating money laundering (AML), terrorist financing (CTF), and the proliferation of weapons of mass destruction. This comprehensive program explores FATF’s 40 Recommendations, national risk assessments, mutual evaluation processes, and compliance obligations for financial institutions and designated non-financial businesses. Participants will gain insights into the structure and objectives of FATF, its regional bodies, and how member nations implement its guidelines. Through real-world case studies and compliance frameworks, learners develop the ability to identify, assess, and mitigate financial crime risks within their organizations. The training also emphasizes the importance of a risk-based approach, customer due diligence (CDD), and effective internal controls to maintain transparency and trust in financial systems.

Ideal for compliance officers, auditors, regulators, bankers, and policy professionals, this course bridges theory and practice through interactive discussions and regulatory simulations. By the end of the training, participants will be able to align their institutional compliance strategies with global FATF directives, ensuring adherence to evolving financial integrity standards and fostering a secure, transparent, and responsible financial ecosystem.

  • To provide a comprehensive understanding of FATF’s role, structure, and its 40 Recommendations.
  • To develop participants’ ability to identify and mitigate risks related to money laundering and terrorist financing.
  • To enhance knowledge of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance frameworks.
  • To familiarize learners with FATF’s mutual evaluation process and national risk assessment methodologies.
  • To train professionals in implementing risk-based approaches within their institutions.
  • To build competency in establishing and maintaining effective Know Your Customer (KYC) and Customer Due Diligence (CDD) processes.
  • To enable understanding of FATF compliance requirements for financial and non-financial entities.
  • To promote awareness of international cooperation and information sharing mechanisms for combating financial crimes.
  • To strengthen skills in drafting, reviewing, and monitoring internal AML/CTF policies and procedures.

Course Prerequisite

  • Basic understanding of financial systems and regulatory compliance.
  • Familiarity with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) concepts is beneficial.
  • Prior experience in banking, finance, auditing, or risk management.

Course Target Audience

  • Compliance Officers
  • Anti-Money Laundering (AML) Specialists
  • Counter-Terrorist Financing (CTF) Analysts
  • Financial Crime Investigators
  • Risk Management Professionals
  • Internal and External Auditors
  • Banking and Finance Professionals
  • Legal and Regulatory Affairs Officers
  • Government and Law Enforcement Officials
  • Policy Makers and Financial Regulators
  • Consultants and Advisors in Financial Governance
  • Professionals from Insurance, Securities, and FinTech Sectors

Course Content

  • Introduction to FATF: history and purpose
  • FATF membership and governance
  • Key objectives and functions of FATF

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  • Definitions and concepts
  • Typologies and techniques
  • Case studies and real-world examples

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  • Introduction to the 40 recommendations
  • Structure and organization of the recommendations
  • Importance and impact on global financial systems

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  • Recommendations 1-4: risk-based approach, national cooperation, and international cooperation
  • Recommendations 5-8: criminalization, preventive measures, and non-profit organizations
  • Recommendations 9-12: financial institutions and non-financial businesses and professions

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  • Recommendations 13-16: customer due diligence, record keeping, and reporting
  • Recommendations 17-21: reliance, internal controls, and foreign branches and subsidiaries
  • Recommendations 22-23: designated non-financial businesses and professions (DNFBPs)

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  • Recommendations 24-25: transparency and beneficial ownership of legal persons and arrangements

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  • Recommendations 26-29: regulation and supervision
  • Recommendations 30-32: law enforcement and investigations

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  • Recommendations 33-35: mutual legal assistance and extradition
  • Recommendations 36-40: international instruments, cooperation, and other measures

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  • National risk assessment and compliance
  • FATF evaluation and monitoring processes
  • Case studies of implementation and challenges

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Financial Action Task Force (FATF) Training (MCQ) Assessment

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Financial Action Task Force (FATF) Corporate Training

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Financial Action Task Force (FATF) Training FAQ's

The FATF training aims to help professionals understand international standards for preventing money laundering, terrorist financing, and financial crimes while implementing effective compliance frameworks in their organizations.

This course is ideal for compliance officers, auditors, regulators, bankers, financial crime investigators, and risk management professionals.

The training covers FATF’s 40 Recommendations, AML/CTF principles, national risk assessments, KYC/CDD procedures, mutual evaluation processes, and compliance reporting techniques.

A basic understanding of financial systems, AML/CTF practices, or prior experience in banking, auditing, or regulatory roles is recommended but not mandatory.

To contact Multisoft Systems you can mail us on info@multisoftsystems.com or can call for course enquiry on this number +91 9810306956

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