Considering money laundering and terrorist financing as part of your institution’s business risk – a risk based approach . In today’s ever shrinking world, the importance of Know Your Customer – KYC cannot be overemphasized. Institutional regulators worldwide have set high standards in respect of Risk Management, focusing particularly on Anti Money Laundering (AML) and Countering Funding to Terrorists (CFT) practices in banks.
IFI is a related organization of ACAMS — The Association of Certified Anti Money Laundering Specialists organization, USA. This organization serves as the platform for career development and professional networking for individuals operating in the rapidly expanding AML field. By virtue of this relationship, IFI can also provide necessary help in capacity building of bank employees.