Lead Trainer
Dr. Nizam Shah Allabasc
Governance, Risk Management & Compliance Trainer
Dr. Nizam Shah Allabasc is a distinguished professional with over 21 years of experience in governance, risk management, and compliance. He is an Adjunct Professor at the University of Geomatika Malaysia and the founder of A. Nizam Shah & Co., an esteemed accounting firm. Holding a Ph.D. in Operational Risks Management from the University of Tun Abdul Razak, an MBA from University Selangor, and a Professional Certificate in Islamic FinTech, he is also a Chartered Accountant with the MIA. Dr. Nizam is a Fellow of the International Compliance Association and a Certified Black Belt in Six Sigma, emphasizing his commitment to excellence in his field.
Course Summary
This 2-day course offers a thorough exploration of Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), and Counter Proliferation Financing (CPF). Designed for professionals in Reporting Institutions, this course provides a structured learning pathway to address the complexities of Money Laundering (ML), Terrorism Financing (TF), and Proliferation Financing (PF). Delegates will gain in-depth knowledge of regulatory frameworks, compliance programs, and practical applications tailored to combat financial crimes effectively. The course blends theoretical understanding with hands-on exercises, enabling delegates to implement Know Your Customer (KYC) protocols, Client Due Diligence (CDD), Enhanced Customer Due Diligence (ECDD), and Suspicious Transaction Reporting (STR). Emphasis is placed on both international standards and domestic legislation, ensuring delegates are well-equipped to identify and mitigate risks associated with ML, TF, and PF. Real world case studies and interactive group activities foster practical insights, making this training a crucial investment for professionals aiming to safeguard their organizations from financial crime.
Course Objectives
By the end of this course, participants will:
- Manage ML/TF/PF threats effectively within operations, enhancing the compliance officer’s role.
- Apply AML, CFT, and CPF principles through real-world case studies for practical implementation.
- Equip employees with up-to-date AML/CFT/CPF regulations knowledge to avoid penalties.
- Strengthen internal controls to identify and respond to suspicious activities.
- Demonstrate organizational commitment to integrity and compliance, fostering trust among stakeholders.
Course Content
- Understanding AML/CFT/CPF Framework
- AMLA: A Practical Approach
- AMLA: Malaysian Governance
- Due Diligence, Importance and Implementation
- Risk Based Approach (RBA)
- Suspicious Transaction Reporting (STR): Identifying, Investigating, and Reporting
