This qualification is delivered in partnership with one of New Zealand’s leading AML/CFT specialists, with over a decade of experience in the field. This comprehensive program is designed to equip you with both theoretical knowledge and practical skills that can be immediately applied to any AML/CFT compliance role, whether you’re just starting out or looking to advance your existing career.

This qualification covers the following key topics and more:

• Regulatory framework: You will learn about the regulatory environment in New Zealand and the obligations that need to be satisfied.
• Oversight: You will learn how to report to oversight bodies and what effective governance looks like in the context of AML/CFT.
• Risk Assessment and AML/CFT Programme: You will learn about the requirements relating to Risk Assessments and AML/CFT Programmes.
• Vetting: You will learn how to undertake vetting checks and the key matters that should be considered when conducting vetting checks.
• Training: You will learn about the importance of effective training and how to deliver an effective training programme.
• Customer Due Diligence: You will learn how to conduct customer due diligence. This includes (among other things):
  • How to conduct Standard CDD
  • How to conduct Enhanced CDD
  • How to conduct Simplified CDD
  • How to conduct Ongoing CDD
  • How to conduct CDD on different types of customers
  • How to conduct PEP checks and Sanction Screening
  • How to conduct duplication checks
  • How to risk profile a customer
  • How to conduct documentary verification and electronic verification
  • How to grant ID exceptions
  • How to risk rate a customer
• Third parties: You will learn about the requirements relating to third parties and agents and how to ensure to measure the ongoing performance of third parties and agents.
• Account and Transaction Monitoring: You will learn how to identify and monitor for unusual activity, behaviour and transactions.
• Suspicious Activity Report: You will learn when and how to submit suspicious activity reports to the Financial Intelligence Unit.
• AML/CFT Audits: You will learn how AML/CFT Audits are conducted, how to appoint an AML/CFT Auditor and what you need to be aware of so that you can get the most out of an AML/CFT Audit.
• Assurance: You will learn how to develop a Compliance Assurance Programme and how to undertake assurance testing.
• Annual Report: You will learn how to submit an AML/CFT Annual Report.
• Record keeping: You will learn how to ensure that you collect and main adequate and effective records.