Training Course: Regulatory Compliance for Central Bank's Digital Currencies (CBDC)

Introduction

This training program is designed to provide employees with an understanding of the regulatory requirements for the Central Bank's Digital Currencies (CBDCs) and how to ensure compliance with relevant laws and regulations. The program will cover the licensing, reporting, and compliance requirements specific to CBDCs.

Objectives

• Understand the regulatory landscape for CBDCs

• Understand the licensing requirements for CBDCs

• Understand the reporting requirements for CBDCs

• Understand the compliance requirements for AML and CTF regulations

• Understand the implications of non-compliance with regulatory requirements

Target Audience

• Employees involved in the design, development, and management of CBDCs

• Compliance officers and risk managers

• Legal and regulatory affairs personnel

Outlines

Day 1: Introduction to Regulatory Compliance for CBDCs

• Overview of the regulatory landscape governing CBDCs
• Licensing, reporting, and compliance frameworks for CBDC operations
• Introduction to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations

Day 2: Licensing Requirements for CBDCs

• Types of licenses required for CBDC-related activities
• Application and approval processes for obtaining regulatory licenses
• Ongoing compliance obligations for licensed entities and operators

Day 3: Reporting Requirements for CBDCs

• Types of regulatory reports required in CBDC frameworks
• Reporting timelines and submission requirements
• Record-keeping and documentation standards for compliance purposes

Day 4: AML & CTF Compliance in CBDCs

• Overview of AML and CTF regulatory frameworks
• Customer identification and verification (KYC) requirements
• Monitoring and reporting suspicious activities
• Penalties and enforcement measures for non-compliance

Day 5: Implications of Non-Compliance & Best Practices

• Risks and consequences of non-compliance with regulatory requirements
• Organizational and financial impact of regulatory violations
• Best practices for ensuring effective compliance in CBDC systems
• Strategies for building a strong compliance culture within CBDC operations