Financial Crime Prevention & Regulatory Compliance

29 May 2026

Course	Financial Crime Prevention & Regulatory Compliance
Duration	05 Days
Date	July 06-10,2026
Venue	Bangkok, Thailand
Investment	2,390 USD
Email	info@bctci.com
WhatsApp	+66 94 7800 807

Course Overview:

Financial crime is becoming more complex due to digital banking, fintech platforms, cyber-enabled fraud, sanctions risks, corruption, trade-based money laundering, crypto assets, and cross-border transactions. This 05-day program provides participants with a practical, regulatory, and risk-based understanding of how organizations can prevent, detect, investigate, and report financial crime while maintaining strong compliance with local and international regulatory expectations.

The course is suitable for professionals working in banking, insurance, fintech, microfinance, government institutions, regulators, financial intelligence units, audit, risk, compliance, law enforcement, procurement, finance, and corporate governance.

Course Objectives:

By the end of this course, participants will be able to:

Understand the major forms, patterns, and red flags of financial crime.
Apply international standards related to AML, CFT, sanctions, fraud prevention, corruption, bribery, and regulatory compliance.
Develop a risk-based approach to financial crime prevention.
Strengthen customer due diligence, enhanced due diligence, and ongoing monitoring processes.
Identify suspicious transactions and prepare effective suspicious activity or transaction reports.
Understand regulatory expectations from financial institutions and corporate organizations.
Design effective internal controls to prevent financial crime.
Improve fraud risk management, investigation, and case escalation practices.
Understand sanctions screening, politically exposed persons, beneficial ownership, and high-risk customer management.
Build stronger compliance governance, reporting, training, and accountability frameworks.
Use data analytics, technology, and AI tools to support financial crime detection.
Promote a strong compliance culture across the organization.

Personal and Organizational Impacts:

Personal Impacts:

Participants will:

Improve their professional understanding of financial crime risks.
Build confidence in identifying suspicious activities and red flags.
Strengthen technical knowledge in AML/CFT, sanctions, fraud, and compliance.
Improve decision-making in high-risk customer and transaction situations.
Develop stronger investigation, documentation, and reporting skills.
Gain practical tools to support regulatory inspections and audits.
Improve career readiness for compliance, audit, risk, finance, and governance roles.
Understand how to protect themselves and their organizations from compliance failures.

Organizational Impacts:

Organizations will benefit through:

Stronger financial crime prevention systems.
Improved regulatory compliance and lower exposure to penalties.
Better internal controls and risk governance.
Stronger fraud detection and investigation capability.
Improved customer due diligence and transaction monitoring processes.
More effective suspicious activity reporting.
Reduced reputational, legal, operational, and financial risks.
Improved readiness for regulatory inspections, audits, and supervisory reviews.
Stronger compliance culture across departments.
Better alignment between compliance, risk, audit, finance, operations, and senior management.

Course Training Methodology:

The training will use a highly practical and interactive approach, including:

Expert-led presentations on global financial crime and compliance frameworks.
Case studies from banking, fintech, procurement, insurance, public sector, and corporate environments.
Scenario-based exercises on suspicious transactions, fraud indicators, and compliance failures.
Group discussions on practical challenges faced by participants.
Red flag identification exercises using realistic customer and transaction examples.
Risk assessment workshops for AML, fraud, sanctions, and bribery risks.
Policy and procedure review exercises to improve internal compliance documents.
Suspicious transaction reporting practice with sample reporting templates.
Role-play exercises for compliance interviews, audit discussions, and investigation meetings.
Action planning session to help participants apply learning in their organizations.

Course Essentials:

Participants will leave the course with a clear understanding of:

The financial crime risk landscape.
AML/CFT principles and risk-based compliance.
Customer due diligence and beneficial ownership requirements.
Fraud prevention and investigation techniques.
Sanctions, PEPs, and high-risk customer management.
Suspicious transaction monitoring and reporting.
Bribery, corruption, and procurement fraud risks.
Compliance governance and internal controls.
Regulatory inspection readiness.
Technology, AI, and data analytics in financial crime prevention.
Practical tools for improving organizational compliance systems.
How to create a stronger compliance culture.

Course Outline:

Financial Crime Landscape, Regulatory Frameworks and Risk-Based Compliance

Module 1: Introduction to Financial Crime Prevention

Meaning and scope of financial crime.
Key forms of financial crime: money laundering, terrorist financing, fraud, corruption, sanctions evasion, tax crimes, cyber fraud, and market abuse.
Why financial crime prevention matters for banks, regulators, public institutions, and corporations.
Financial, legal, operational, and reputational consequences.
The role of compliance professionals in prevention and detection.
Emerging trends in modern financial crime.

Module 2: Global Regulatory Frameworks and International Standards

Overview of global AML/CFT and financial crime standards.
Role of FATF recommendations.
Basel Committee expectations for banks.
Role of financial intelligence units.
Regulatory expectations from central banks and supervisory authorities.
International cooperation and information sharing.
Consequences of weak national and institutional compliance frameworks.

Module 3: Risk-Based Approach to Financial Crime Compliance

Understanding the risk-based approach.
Difference between rule-based and risk-based compliance.
Identifying customer, product, service, geographic, and delivery-channel risks.
Risk scoring and customer risk rating.
High-risk and low-risk customer classification.
Designing controls proportionate to risk.
Common weaknesses in risk-based compliance programs.

Module 4: Enterprise-Wide Financial Crime Risk Assessment

Purpose of enterprise-wide risk assessment.
Risk identification, measurement, mitigation, and monitoring.
Mapping financial crime risks across business units.
Role of senior management and board oversight.
Data sources for risk assessment.
Frequency and review of risk assessments.
Developing a practical risk assessment matrix.
Turning risk assessment results into compliance action plans.

Module 5: Governance, Accountability and Compliance Culture

Building a strong compliance governance structure.
Three lines of defense model.
Role of board, senior management, compliance, internal audit, and operations.
Compliance ownership across departments.
Tone from the top and conduct risk.
Escalation channels and decision-making authority.
Creating a culture of ethical conduct and accountability.
Measuring compliance culture through indicators and reporting.

AML/CFT, Customer Due Diligence and Transaction Monitoring

Module 6: Anti-Money Laundering and Counter Financing of Terrorism

Definition of money laundering.
Stages of money laundering: placement, layering, and integration.
Terrorist financing methods and indicators.
Differences between money laundering and terrorist financing.
Common channels used for laundering funds.
Role of banks and financial institutions in AML/CFT.
Common AML/CFT control failures.

Module 7: Customer Due Diligence and Know Your Customer

Purpose of customer due diligence.
Customer identification and verification.
Individual customer due diligence.
Corporate customer due diligence.
Source of funds and source of wealth.
Nature and purpose of business relationship.
Customer acceptance policy.
Customer onboarding controls and documentation standards.

Module 8: Enhanced Due Diligence and High-Risk Customers

When enhanced due diligence is required.
High-risk countries and jurisdictions.
Non-resident customers and complex ownership structures.
Cash-intensive businesses.
Charities, NGOs, and nonprofit organizations.
Money service businesses and remittance providers.
Private banking and high-net-worth customers.
Approval and monitoring requirements for high-risk customers.

Module 9: Politically Exposed Persons and Beneficial Ownership

Definition and types of politically exposed persons.
Domestic, foreign, and international organization PEPs.
Family members and close associates.
PEP risk assessment and approval process.
Beneficial ownership identification.
Complex company structures and nominee arrangements.
Shell companies and front companies.
Ongoing monitoring of PEPs and beneficial owners.

Module 10: Transaction Monitoring and Suspicious Activity Reporting

Purpose of transaction monitoring.
Manual and automated monitoring systems.
Common suspicious transaction indicators.
Unusual account activity and transaction patterns.
Structuring, smurfing, rapid movement of funds, and inconsistent transactions.
Alert investigation and case management.
Documentation of investigation decisions.
Suspicious transaction reporting process.
Common reporting mistakes and quality improvement.

Fraud, Sanctions, Bribery, Corruption and Cyber-Enabled Financial Crime

Module 11: Fraud Risk Management Framework

Understanding internal and external fraud.
Fraud triangle and fraud risk factors.
Types of fraud in financial institutions and organizations.
Employee fraud, customer fraud, vendor fraud, and management fraud.
Fraud prevention, detection, and response.
Fraud risk assessment.
Fraud reporting channels and whistleblowing.
Building a fraud control framework.

Module 12: Banking, Payment and Digital Fraud

Account takeover and identity theft.
Card fraud and payment fraud.
Online banking and mobile banking fraud.
Social engineering and phishing.
Fake invoices and business email compromise.
Loan fraud and document forgery.
Digital wallet and fintech fraud risks.
Practical fraud red flags and response actions.

Module 13: Sanctions Compliance and Screening

Understanding sanctions and their purpose.
Types of sanctions: country, sectoral, individual, entity, and activity-based.
Sanctions screening for customers and transactions.
Watchlist management.
False positives and true matches.
Sanctions evasion techniques.
Trade and cross-border payment risks.
Escalation and reporting of sanctions concerns.
Common sanctions compliance weaknesses.

Module 14: Bribery, Corruption and Procurement Fraud

Understanding bribery and corruption risks.
Gifts, hospitality, facilitation payments, and conflict of interest.
Public sector corruption risks.
Procurement fraud indicators.
Vendor due diligence.
Bid rigging, collusion, and inflated pricing.
Third-party and agent risk.
Anti-bribery controls and approval processes.
Internal reporting and investigation of corruption concerns.

Module 15: Cyber-Enabled Financial Crime and Data Protection

Connection between cybercrime and financial crime.
Common cyber-enabled financial crime methods.
Phishing, malware, ransomware, and account compromise.
Data breaches and customer information misuse.
Insider threats and unauthorized access.
Cyber fraud prevention controls.
Coordination between compliance, IT, cybersecurity, and risk teams.
Data protection and confidentiality in investigations.

Investigation, Internal Controls, Compliance Monitoring and Regulatory Reporting

Module 16: Financial Crime Investigation Process

Principles of effective investigation.
Initial review and case opening.
Gathering documents and evidence.
Interview planning and investigation ethics.
Maintaining confidentiality and independence.
Timeline reconstruction and transaction analysis.
Investigation reports and findings.
Escalation to management, regulator, or FIU.
Common investigation mistakes.

Module 17: Internal Controls for Financial Crime Prevention

Purpose of internal controls.
Preventive, detective, and corrective controls.
Segregation of duties.
Maker-checker controls.
Approval limits and authority matrix.
Access controls and system permissions.
Exception reporting and reconciliations.
Control testing and improvement.
Linking controls to financial crime risk assessment.

Module 18: Compliance Monitoring and Testing

Difference between compliance monitoring and internal audit.
Developing a compliance monitoring plan.
Selecting high-risk areas for review.
Testing customer files and transaction alerts.
Reviewing sanctions screening effectiveness.
Testing fraud and bribery controls.
Reporting monitoring findings.
Corrective action tracking.
Key risk indicators and compliance dashboards.

Module 19: Regulatory Reporting and Supervisory Expectations

Types of regulatory reporting.
Suspicious transaction reports.
Cash transaction reports where applicable.
Compliance reports to board and senior management.
Regulatory inspection preparation.
Responding to regulator requests.
Documentation standards and evidence management.
Managing regulatory findings and remediation plans.
Avoiding repeat findings.

Module 20: Internal Audit Role in Financial Crime Compliance

Internal audit’s independent assurance role.
Auditing AML/CFT programs.
Auditing fraud risk management.
Auditing sanctions compliance.
Reviewing governance and accountability.
Testing compliance training records.
Assessing quality of suspicious transaction reporting.
Audit report writing and rating findings.
Follow-up and validation of corrective actions.

Technology, Emerging Risks, Program Design and Practical Application

Module 21: Technology, Data Analytics and AI in Financial Crime Prevention

Role of technology in financial crime compliance.
Automated screening and monitoring systems.
Data quality and system limitations.
Artificial intelligence and machine learning in detection.
Reducing false positives.
Using analytics to identify unusual patterns.
Dashboard reporting for compliance management.
Risks of over-reliance on technology.
Human judgment in technology-supported compliance.

Module 22: Cryptocurrency, Virtual Assets and New Financial Crime Risks

Introduction to virtual assets and crypto-related risks.
Common financial crime typologies involving virtual assets.
Crypto exchanges and wallet risks.
Layering and cross-border transfer risks.
Red flags linked to virtual asset activity.
Regulatory expectations for virtual asset service providers.
Challenges in tracing and monitoring crypto transactions.
Practical risk controls for institutions exposed to virtual asset customers.

Module 23: Third-Party, Correspondent Banking and Cross-Border Risks

Third-party risk and financial crime exposure.
Correspondent banking risks.
Nested relationships and payable-through accounts.
Cross-border payments and high-risk corridors.
Agent and intermediary risk.
Outsourcing and vendor compliance.
Due diligence on business partners.
Ongoing third-party monitoring.
Exit strategies for high-risk relationships.

Module 24: Designing an Effective Financial Crime Compliance Program

Key components of a compliance program.
Policies and procedures.
Governance and reporting lines.
Risk assessment and control design.
Customer due diligence framework.
Transaction monitoring process.
Sanctions and PEP screening.
Fraud and bribery prevention.
Training and awareness.
Independent testing and continuous improvement.
Management information and board reporting.

Module 25: Practical Workshop and Action Planning

Group case study on financial crime risk identification.
Customer risk rating exercise.
Suspicious transaction analysis.
Fraud red flag identification.
Sanctions screening scenario.
Compliance control gap analysis.
Drafting a financial crime prevention action plan.
Presenting group findings.
Trainer feedback and improvement recommendations.
Final learning review and implementation roadmap.

Target Participants

This course is ideal for:

Compliance officers and AML/CFT officers.
Risk management professionals.
Internal auditors and external auditors.
Fraud investigation officers.
Banking and financial institution professionals.
Regulators and supervisory authority officials.
Financial intelligence unit officers.
Insurance and fintech professionals.
Procurement and finance professionals.
Legal and governance officers.
Public sector officers involved in financial control.
Senior managers responsible for compliance oversight.

Recommended Practical Exercises

The course may include the following exercises:

Customer onboarding risk review.
High-risk customer classification exercise.
Suspicious transaction red flag analysis.
Fraud investigation scenario.
Sanctions screening decision exercise.
Procurement fraud case review.
Compliance monitoring checklist development.
Financial crime risk assessment workshop.
Regulatory inspection readiness simulation.
Final group action planning presentation.

Expected Final Outcomes

After completing the course, participants should be able to:

Recognize major financial crime threats.
Apply practical AML/CFT and fraud prevention controls.
Improve customer due diligence and transaction monitoring.
Identify and report suspicious activities more effectively.
Strengthen internal controls and compliance governance.
Support regulatory inspection readiness.
Improve organizational protection against fraud, corruption, sanctions breaches, and money laundering.
Develop a practical financial crime prevention improvement plan for their organization.