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Compliance in Bank's Practice

The compliance function is critically important in identifying, evaluating, addressing compliance and regulatory risks and it will help the Bank to look at and across business lines and activities of the organization. Compliance can be defined as the adherence to laws, regulations, rules, related self-regulatory organization standards specifically dealing with matters such as prevention of money laundering and terrorist financing, and investigations of alleged corruption and fraudulent behavior.

Who should attend?

Compliance Manager, Audit Manager, Risk Manager, Operations Manager, Branch Manager, Chief Cashier or someone who works related tooperation tasks.

What you will benefit?

After completion of this course, the participants will be able to:

• Understand the organization chat & function of the bank and compliance department
• Understand the requirement of the laws and regulations for compliance work
• Understand the requirement document for supporting the bank operation
• Know the knowledge of the KYC/CDD
• Know how to identify the red flags, suspicious transaction & sending report to NBC
• Know how to manage complaint's box, collect the complaint's letter, process the complaint report & solve the complaint

Course Contents

1. Introduction to Training
2. Organization Structure/Compliance
3. Scope of Compliance/Compliance Function
4. Laws/Regulations Requirement
5. Overview of AML/CFT
6. AML/CFT Application:
• Document Requirement
• KYC/CDD Requirement
7. Internal Reporting on AML/CFT:
• Identifying Red-flags/Suspicious transaction
• STR reporting process within the bank
• STR to CAFIU
8. Whistle-Blower Mechanism:
• Grievance Registration
• Complaint Handle Process
• Solution of the complaint
• Questions & Answers

Training Fee

• USD 111 per participant per training course.
• USD 104 per participant for organization sending 3-5 participants to the course.
• USD 98 per participant for organization sending 6 participants up to the course.

This fee includes training materials, refreshments, lunch and certificate.

Payment Condition: There is no charge for any cancellation which is made by the deadline of the registration. Cancellation after deadline of the registration and participants appearing without proper cancellation will be charged the full amount.

Methodology

The training methodology will be focused on experience based and participatory approaches including brainstorming, group discussion with presentation, group work, sharing hand-on experience, training game, panelist, and participants' problem raised during training workshop.

Trainers

Mr. Tuon Sovanna, Assistant Head of Compliance Department, ACLEDA Bank Plc.

Born June 20, 1982. Sovanna. He obtained a Master's Degree in Business Administration (MBA) from National University of Management (NUM) in Cambodia in 2008. In 2004, he graduates the bachelor's Degree in Business Administration (Management) from National University of Management in Cambodia. Since 2000, he attended training course of Office Administration and Procedures, Maharishi Vedic University (MVU). Starting in 2005, he worked in ACLEDA Bank Plc. at Srei Santhor District Branch as Micro, Small, Medium Loan Officer, and AVP & AM of BCO. From 2012, he transferred to Head Quarter in position Staff of Compliance Unit and then was promoted as Assistant Manager of Compliance Unit in 2013 and 2015 he was promoted as Manager of Compliance Unit. Now he is Assistant Head of Compliance Department of ACLEDA Bank Plc.

Mr. Sorn Piseth, Manager of Transaction Analysis Unit of Compliance Department, ACLEDA Bank Plc.

Born 28 January, 1980. He holds a bachelor's Degree in Computer Science from Royal University of Phnom Penh (RUPP) in Cambodia. Starting in 2004, he worked in ACLEDA Bank Plc. at Srei Santhor Branch as Credit Officer. From 2006, he transferred to Head Quarter in position Staff of Remittance Unit. From 2011, he holds a position as Staff of Report & Profile Unit and then was promoted as Assistant Vice President & Manager of Report & Profile Unit. Now he is Manager of Transaction Analysis Unit of Compliance Department of ACLEDA Bank Plc.