Certified Compliance Manager (CCM)

• Our CCM training is based on the thorough, highly effective Knowledge Idea.
  
  Our CCM research study overview is practical and also straightforward, utilizing modules that arrange the info in a highly user-friendly way for very easy understanding.
  
  Our CCM Certification gives you the competitive advantage you need to draw the interest of recruitment agencies looking for Compliance as well as AML Managers.
  
  Our CCM Certification gives staff members in the Financial as well as Financial Industry, the understanding they need to much better understand Compliance and also AML, helping them apply solid Compliance Programs and Supervisory Practices.
  
  Our CCM Accreditation is recognized internationally by financial institutions, federal governments, and also regulators.
  
  Vital Note: In order to be certified you require to do and pass an exam with 70% through Blackbird Training Centre Or else, you are still qualified for a participation certification from Blackbird Training Centre.
  
  Course Objectives of CERTIFIED CONFORMITY SUPERVISOR (CCM).
  
  
• Client Onboarding and also KYC.
  
• Anti-Money Laundering (AML) and also Counter-Terrorism Financing (CTF).
  
• Advanced AML Examinations.
  
• International Sanctions and Embargoes.
  
• Regulatory Compliance Management.
  
• Foreign Accounts Tax Compliance Act (FATCA) and also Typical Reporting Criteria (CRS).
  
  Create your AML and also conformity systems.
  

Day 1
Customer Onboarding and KYC

• Identification of Individual Accounts Charities, Non-Profit Organizations, Embassies, and Government Agency Accounts.

• Accounts by Power of Attorney or Bank Authorizations

• Identify the Real Beneficiary of the Account

• A Design for KYC form (individuals)

• Know your customer entity form (companies)

• KYC Form Design for Companies

• General Terms and Conditions

• European Data Protection Act (General Data Protection Regulation - GDPR)

• FATCA Procedures When Opening an Account

• Opening (Non–Face-to-Face) Account

• Incomplete Accounts

• Modify the Customer Data & Customer Risk Rating

• KYC Update & Online KYC Update

• Opening Accounts for People with Disabilities (Heroes)

• General Rules and Guidelines

• Dormant Accounts, Closure of Accounts, and Processes of Account Opening

• Digital Identity and Electronic Know Your Customer (EKYC)

Day 2
Anti-Money Laundering and the Financing of Terrorism

• The Concept of Money Laundering

• Elements of the Concept of Money Laundering

• Original Crime

• Financial or Physical Returns from the Original Crime

• Camouflage and Concealment

• Knowledge of the Sources of Funds

• Terrorist financing

• The Difference between Money Laundering and the Financing of Terrorism

• The Consequences of Money Laundering and Terrorism Financing Crimes

• The Most Important Methods of Money Laundering and Financing of Terrorism

Day 3
Advanced AML Investigations

• Correspondent Banking

• Internal Accounts

• Actions to Be Taken When Dealing with a Suspicious Customer

• Unusual Transaction

• Transactions Monitoring

• Alert-Investigations (Case Management)

• Confidentiality of Suspicious Activity Reports

• AML FinTech Highlights

• AML Robotic Processes Automation (Case Management)

• Summary of FATF Recommendations

• Factors of Successful Compliance and AML Program

• Money Laundering Risk Classification

• Customer’s Risk Rating

• Types of Money Laundering Risk Classification

• Electronic AML Risk Rating

• Risk Assessment of Correspondent Banks

• AML Risk-Based Approach

International Sanctions and Embargoes

• Introduction

• Definition of Sanctions

• The Importance of Imposing Sanctions

• Processes

• Dealing with High-Risk Countries

• Systems

• Reporting

• The Most Important International Sanctions

• United Nations

• United States Initiatives

• EU Sanctions

Day 4
Regulatory Compliance Management

• The Scope

• Compliance to Direct Regulatory Bodies Instructions

• Compliance with Internal Policies in the Institution

• Relationship of the Compliance Department with Other Departments Within the Institution

• Organizational Structure

• Compliance Monitoring and Examination Process

• Risk-Based Approach in Compliance Examination

• Summary of Inherent Risk Calculation, Risk Mitigation, and Residual Risk

• Issuing Regulatory Compliance Reports

Day 5
Foreign Accounts Tax Compliance Act (FATCA) and Common Reporting Standards (CRS)

• Definition of FATCA

• Types of FATCA Agreements

• Risk of Non-Compliance with FATCA

• Definition of a US Person (subject to FATCA)

• FATCA Responsible Officer

• Tax Evasion Practices

• How to Deal with the Pre-Existing Accounts (four projects)

• Documents Required for Accounts Subject to the Law

• Joint Accounts

• Minors Accounts

• Power of Attorney

• Employee’s Accounts

• Recalcitrant Accounts

• Annual reporting

• Common Reporting Standards (CRS)