AML/CTFRATM 101 – Legislation 1.1

At the conclusion of this module, participants will have an understanding of: • The objects of the Anti-Money Laundering and Counter-Terrorism Act 2006 • Why the Act was established • How the Act was developed • The government agency that regulates the AML/CTF Act • The role of the regulator • Course Concepts • The legislative requirement to provide risk awareness training.

This course will provide you with an understanding of:

• Your obligations under the AML/CTF Act and Rules
• The consequences of non-compliance with the AML/CTF Act and Rules
• The type of ML/TF risk the Venue might face, and the consequences of the risk
• The Venues AML/CTF processes and procedures that you must carry out.