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Flag Academy العربية
Tax, VAT & Financial Compliance

AML/CFT for Financial & Non-Financial Institutions

مكافحة غسل الأموال للمؤسسات المالية وغير المالية

Overview

A compliance-focused programme on anti-money laundering and counter-terrorism financing obligations in Oman, covering both regulated financial institutions and designated non-financial businesses and professions (DNFBPs).

What you'll learn

  • Identify AML/CFT obligations applicable to your institution under Omani law
  • Conduct customer due diligence (CDD) and enhanced due diligence (EDD) correctly
  • Recognise red flags and suspicious transaction indicators
  • File suspicious transaction reports (STRs) through the correct channel
  • Build and maintain a risk-based AML/CFT compliance programme
  • Prepare for a regulatory AML/CFT examination

Who it's for

Compliance officers and MLROs at banks and financial institutions; risk and compliance teams at DNFBPs (real estate, precious metals, legal and accounting firms); and internal auditors reviewing AML/CFT controls.

Course outline

  1. Oman's AML/CFT legal and regulatory framework
  2. Customer due diligence and enhanced due diligence
  3. Beneficial ownership and politically exposed persons (PEPs)
  4. Suspicious transaction monitoring and reporting
  5. Sanctions screening and record-keeping requirements
  6. Building a risk-based compliance programme

Delivery & duration

Delivery mode on request — Duration on request

Certificate

Certificate of completion issued by Flag Academy on successful completion of the programme.

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