AML 100.A – Guidance Notes Part 1

This course provides an overview of the Cayman Islands AML regime and introduces the key aspects of Part 1 of the Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands. The course allows one to understand the purpose of the Guidance Notes within the wider regulatory framework in the Cayman Islands. The Compliance Programme, Risk Based Approach and different types of Customer Due Diligence are discussed as well as Politically Exposed Persons, Record-keeping, AML Officers, Internal Controls, Sanctions Compliance and Ongoing Monitoring.