Worldwide money laundering and terrorist financing operations, especially those related to illegal and irregular activities such as drug and weapons trade, prostitution, administrative and financial corruption, and commercial concealment, pose a great threat to the integrity of many financial institutions, businesses, and non-financial professions and non-profit organizations.
.Understand the legal and statuary obligations mentioned in the AML law
.2-The executive management role in ensuring the effectiveness of the AML program
.3-How to assess the ML/TF risks that the Nonprofit organization are exposed to, and to set the needed polices to mitigate those risks.
.Definition of money laundering
.Definition of terrorist financing
.Statistics and figures on money laundering and terrorist financing
.The implications of the money laundering and terrorist financing crime
.Anti-money laundering law and its implementing regulations in the Kingdom of Saudi Arabia
.Combating terrorism law and its implementing regulations in the Kingdom of Saudi Arabia
.The statutory requirements for non-profit organizations mentioned in the anti-money laundering law
.International frameworks issued by the Financial Action Task Force and forty standards
.A working paper issued by the Financial Action Task Force on best practical practices on charities.
.Topologies &methods used in money laundering and terrorist financing operations
.Responsibilities, duties, and procedures that workers in the fields of charitable work must perform, the legal and regulatory requirements and the various responsibilities incumbent on them to combat this crime, the correct and accurate methods for carrying out customer due diligence procedures and the detection of suspicious transactions, and the Know Your Customer policy in the field of charitable work
.Standards of suspicion and methods of reporting suspicious transactions to the FIU.
. 14- The account opening rules and the statutory requirements for opening all types of accounts for charitable organizations in Saudi banks
.Corruption and the main principles of effective internal control
.Charities board members, executive management, and all staff in the
.Experience in the Charitable organization in KSA
.Training Attendance Certificate .