About QFBA
QAML VISUAL 1 no logos_20190219_V53
Course 10 Overview
Course name: Elements of an Effective Counter Illicit Finance (CIF) Regime: Private Financial Sector Training
Date and time of delivery: First session: Sunday – Thursday, 29th September to 3rd October, (8:00 AM to 3:00PM)
Second session: Sunday – Thursday,13th to 17th October, (8:00 AM to 3:00PM)
Third session: Sunday – Thursday, 27th to 31st October, (8:00 AM to 3:00PM)
Duration of the course: Five Days
Last date of registration: First session: 24th September 2019
Second session: 8th October 2019
Third session: 22nd October 2019
Course fees: QAR 15,000 per participant
Attendance requirement: Minimum of 80% attendance is mandatory to sit for the examination.
Certification/ Examination: This Course has a required examination for all participants. The exam will be administered on the last day of the Course beginning at 3:30pm

Examination Structure: 
Multiple-choice questions.  All tests required as part of the Comprehensive Training Program will consist solely of multiple-choice questions and, in general, will have 30-60 questions.  The exact number of questions, however, will vary by Training Course and be based on the length of the specific Course, the learning objectives for the Course, and the amount of training material presented in each Course.

Description of the course
This Five-Day course focuses on strengthening the subject matter expertise, leadership, and judgment of Qatar’s financial sector representatives in combating illicit finance.  

Content highlight and training objectives and outcomes for the course
Upon the completion of this course, the participant will have developed the following:
• ​The evolution of the global CIF mission, the global standards that came out of its development, and how these necessitate a culture of compliance;
• ​The vulnerabilities, threats, and risks stemming from Qatar’s National Risk Assessment and the role of the Qatari counter illicit finance (CIF) regime in mitigating risk;
• ​Qatar’s CIF regime, including supervisory authorities, law enforcement, and new anti-money laundering/countering the financing of terrorism (AML/CFT) law;
• ​The foundations of money-laundering, including that related to drugs and cash, wires and fraud, and other higher risk concepts;
• ​Best practices for effective AML/CFT compliance for financial institutions;
• ​The basics of sanctions; and
• ​The role of the private financial sector in the Financial Action Task Force (FATF) Mutual Evaluation process.

Target Audience
Target audience is Qatar’s private sector financial sector representatives, including but not limited to: AML/CFT risk managers, Compliance Officers, Money Laundering Reporting Officers, auditors, select relationship managers, and other private financial sector representatives involved in combating illicit finance.  The types of private sector entities that are the target of this training include banks and non-bank financial institutions, including exchange houses, money services businesses, insurance brokers, investment companies, brokerage firms, etc. 
Note: This course will focus on private sector financial institutions.  Since financial institutions and their supervisors will be assessed separately in the FATF process, and to foster an open conversation with the private sector, regulators and other public officials should not enroll in this course (C10).

Course Structure
The Five-Day Course will employ a variety of training modalities.  These may include plenary and lecture-based sessions, interactive discussions and scenario-based exercises, and question and answer periods. 

Sign up for our newsletter and get important course updates right in your inbox.

لنتائج أفضل، يرجى ملء الإستمارة بالأحرف الإنكليزيةء كل المعلومات مطلوبة
Read about our data protection policy here.
*All fields are required
© 2019 QFBA - QATAR Finance and Business Academy