Bank of Tanzania

Training Institute

Anti-Money Laundering, Know Your Customer (KYC) And Countering The Financing Of Terrorism (CFT) Course

INTRODUCTION

The Banking Industry is the prime target for money launderers all over the world. With recent incidences of terrorism in the East African region the banking industry also needs to be equipped with appropriate skills to deter terrorists from channelling their funds through their institutions. Preventing these crimes in advance is important for Banks to safeguard their assets and maintain their services and credibility to the public.

OBJECTIVE OF THE COURSE

The course aims at imparting relevant knowledge and skills to course participants to enable them prevent, detect and resolve effectively any attempts or incidences aimed at their Institutions.

WHAT YOU WILL LEARN

  • An Overview of money laundering and terrorism financing
  • Methods used to launder money and loopholes exploited
  • Red Flags for money laundering activity
  • Implementing an Effective KYC program
  • Anti-Money Laundering Act of 2006
  • Monitoring customer activity and accounts
  • Detecting and reporting money laundering cases
  • Account opening and customer interviews
  • Conducting effective Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)

WHO ARE TO ATTEND

This course is mainly for Risk and Compliance Staff, Operations Staff, Treasury Staff, Relationship Managers, Credit Staff, and General Staff of Commercial Banks and Other Financial Institutions.

DURATION

One (1) week: 09th– 13th Oct. 2017

Starting 08:30 - 16:00 Hrs

RESOURCE PERSONS

Bank of Tanzania Training Institute in collaboration with  Financial Intelligence unit (FIU) & Director of Public Procecution.(DPP)


VENUE

Mtwara - BOT Branch.

 

COURSE FEES AND MODE OF PAYMENT

Fee for each participant is TZS 1,000,000.00 covering tuition, course materials, lunch and mid-session refreshments.Participants are responsible for their travel costs and upkeep. Participants should come with evidence of payment made through one of the following methods:

Mode of Payment

 

1. Bank Transfer through TISS:

 

Transferee Bank:        Bank of Tanzania

Account Number:      9944713006

Account Name:         Course Fees

 

2. Bankers’ cheque payable to The Principal Bank of Tanzania Training Institute.

 

3. Cash at the venue

 

HOW TO APPLY

Send a letter, fax, e-mail or make a phone call to the Institute through any of the mentioned contacts below. The course will accommodate 30 participants and the first come first served principle will apply. Applications should reach us at least two (2) working days before commencement of the course.

CONTACTS:

All applications should be addressed to:

The Principal,

Bank of Tanzania Training Institute,

MWANZA, TANZANIA.

Fax           +255 (0) 28 250 0984/3380/3395

E-mail:      This email address is being protected from spambots. You need JavaScript enabled to view it.

                                        


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