Advanced Banking Compliance, AML/CFT Governance & Regulatory Risk Management

The Advanced Banking Compliance, AML/CFT Governance & Regulatory Risk Management training program is designed by Global Horizon Training Center to enhance the capabilities of compliance, financial crime, regulatory reporting, legal, and internal audit professionals in managing regulatory obligations and strengthening compliance frameworks within financial institutions.

This program provides an in-depth understanding of banking compliance requirements, Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) frameworks, regulatory reporting obligations, customer due diligence practices, sanctions compliance, compliance risk assessment, and governance requirements applicable to Saudi financial institutions.

The training addresses key regulatory references, including SAMA AML/CFT Rules (2021 and amendments), Banking Control Law compliance obligations, SAMA Governance Rules for Banks, FATF Recommendations, KSA National AML/CFT Action Plan, and CMA regulations where applicable, enabling participants to enhance regulatory readiness and establish effective compliance management systems.

By the end of this training program, participants will be able to:

• Understand key regulatory compliance requirements applicable to Saudi financial institutions.
• Strengthen AML/CFT frameworks, policies, procedures, and control mechanisms.
• Improve regulatory reporting accuracy and compliance with submission requirements.
• Apply effective customer due diligence (CDD) and enhanced due diligence (EDD) practices.
• Manage risks related to politically exposed persons (PEPs) and high-risk customers.
• Enhance sanctions screening and financial crime monitoring capabilities.
• Conduct compliance risk assessments and regulatory horizon scanning.
• Develop effective escalation and reporting processes.
• Promote whistleblowing frameworks and a strong compliance culture.
• Align compliance practices with SAMA, FATF, and other regulatory expectations.

This program is designed for:

• Compliance Officers.
• Regulatory Reporting Teams.
• Financial Crime Prevention Professionals.
• AML/CFT Specialists.
• Legal Professionals.
• Internal Audit Teams.
• Risk Management Professionals.
• Governance and Regulatory Affairs Staff.

The program will be delivered through:

• Instructor-led presentations and professional discussions.
• Review of regulatory requirements and compliance practices.
• Analysis of financial crime and compliance scenarios.
• Discussion of industry challenges and regulatory expectations.
• Examination of governance and risk management approaches.

Upon completion of this program, organizations will benefit from:

• Enhanced regulatory compliance capabilities.
• Improved AML/CFT risk management effectiveness.
• Stronger financial crime prevention frameworks.
• Improved quality and accuracy of regulatory reporting.
• Better identification and management of compliance risks.
• Stronger compliance culture and governance practices.
• Increased readiness for regulatory reviews and examinations.