Menu
Life Cycle of a SAR: From Suspicion to Conviction
What happens after SAR reporting? What are the most common mistakes? What should be considered for an effective SAR?
Live sessions
Virtual class
Intermediate
Live: 1 day
Virtual: 2x3 hrs
AMLTHINK ACADEMY
Who Should Attend?
- Compliance Officers
- Compliance Staff
- Reporting Entity Staff
- Risk Managers
- AML Specialists
- AML Case Managers
- Transaction Monitoring Staff
- Consultants
- Internal Auditors
- Investigators
- Academicians
AMLTHINK ACADEMY
Instructor
AMLTHINK ACADEMY
Course Content
1
INTRODUCTION and KEY CONCEPTS
- The concept of suspicion
- The concept of suspicious activity
- The story of the concepts
- The concept of suspicious activity
- The story of the concepts
2
LEGAL FRAMEWORK of SUSPICIOUS ACTIVITY REPORTING
- Suspicion and suspicious activity
- Must the suspicion be of money laundering and terrorist financing?
- Red Flags and suspicion
- To-do list before reporting
- Suspicioys activity reporting procedure
- Time constraints
- To-do list after reporting
- Must the suspicion be of money laundering and terrorist financing?
- Red Flags and suspicion
- To-do list before reporting
- Suspicioys activity reporting procedure
- Time constraints
- To-do list after reporting
3
WHY REPORTING?
- Legal risks
- Operational risks
- Reputational risks
- Costs of non-compliance
- Operational risks
- Reputational risks
- Costs of non-compliance
4
FINDING SUSPICION in TRANSACTİONS
- AML softwares and scenarios
- Staff-based suspicioun detections
- Staff-based suspicioun detections
5
AML SCENARIOS ve OPTIMIZATION
- The importance of AML scenarios
- Fundamentals of risk-based approach in optimization
- Optimization frequency and stages
- Key points to be considered
- Fundamentals of risk-based approach in optimization
- Optimization frequency and stages
- Key points to be considered
6
STAFF-BASED SUSPICION DETECTIONS
- Why important?
- Supporting suggestions
- What the compliance unit should do?
- Supporting suggestions
- What the compliance unit should do?
7
INTERNAL FEEDBACK and SARs
- Why important?
- Feedback to the staff
- Feedback to the unit
- Feedback to the staff
- Feedback to the unit
8
TIME CONTRAINTS: REPORTING DECISION and PRELIMINARY RESEARCH
- Determining whether there is a suspicion or not
- Decision process regarding the need for additional research
- The scope and meaning of preliminary research
- Creation of suspicious transaction reporting strategy
- Decision process regarding the need for additional research
- The scope and meaning of preliminary research
- Creation of suspicious transaction reporting strategy
9
MOST COMMON MISTAKES for SARs
- Common mistakes for the identification of suspicion
- Common mistakes for the analysis of suspicion
- Common mistakes for the reporting of suspicion
- Self-Confidence risk for Reporting Entities
- Common mistakes for the analysis of suspicion
- Common mistakes for the reporting of suspicion
- Self-Confidence risk for Reporting Entities
10
10 TIPS for a HIGH-QUALITY SAR
- Meaning of quality in SARs
- Quality challenge
- 10 Tips
- Quality challenge
- 10 Tips
11
POST-REPORTING PROCESS
- Preliminary analysis
- Analysis
- Investigation
- Analysis
- Investigation
12
CASE STUDIES: FROM SUSPICION TO CONVICTION
- Case Study-1: Money Laundering
- Case Study-2: Terrorist financing
- Case Study-2: Terrorist financing
AMLTHINK ACADEMY
People interested in this course also viewed
AMLTHINK ACADEMY
Frequently Asked Questions
How do I enroll or register for this course?
It is important to note that the AMLTHINK ACADEMY Training Packages are offered institutionally. If you would like to take the training courses individually, you can contact us.
What is included in the course content?
AMLTHINK ACADEMY Training Package includes presentations, videos, exams, training materials, and your certificate.
How can I view the training content?
Presentations, videos, exams, training materials, and certificates included in AMLTHINK ACADEMY Training Package are offered exclusively to our members who participate in our training program.
Will a certificate be issued after the training?
After the training, a certificate of completion or certificate of attendance will be issued depending on the level of training. Your certificates will be issued depending on the completion of the training in the case of training without examination and on the passing of the examination in the case of training with examination. Your certificates will be sent to your address and can be downloaded electronically from your AMLTHINK ACADEMY profile page.
Can I enroll or register for this course individually?
If you would like to enroll or register for this course individually, you can contact us.
Can I download the training materials in this course?
The training materials included in the course can be downloaded by our members who have attended the course. If the training materials are updated, the updated versions of the materials will be sent to our members who attended the training.
How can I track my online training?
After logging in with the username and password we gave you in the Member Login section, you will be directed to the training page you received from the system. On this page, you can view your progress in training and pick up where you left off.
