Understanding the Risk-Based Approach (RBA) online course

Key details

Mode of delivery: Online Course

Course code: AFB71CO

Duration: 1 day

Fee: £740.00 + VAT

CPD Hours: 6

Course Overview

This course dives into the Risk-Based Approach as a core compliance strategy, enabling participants to prioritize controls based on identified risks.

Agenda

Understanding the Risk-Based Approach (RBA)
  • Principles of the Risk-Based Approach (FATF Guidance)
  • Building Risk Profiles for Clients and Transactions
  • Risk Scoring, Monitoring, and Case-Based Application

Course Review

  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

  • Entry to mid-level compliance professionals
  • Financial institution staff responsible for AML/CFT
  • Government or regulatory agency officers
  • Law enforcement personnel beginning AML-focused roles
  • Professionals from high-risk industries such as real estate, import/export, cryptocurrency, or insurance

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:
  • Apply RBA concepts to AML decision-making
  • Develop customer and transaction risk profiles
  • Create and evaluate a simplified AML risk assessment model

Categories

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