Insurers and intermediaries are required to take effective measures to combat money laundering and the financing of terrorism.
During this workshop, the vulnerabilities of the insurance industry to the risks of money laundering and terrorist financing will be discussed.
Participants will learn to develop policies, procedures and controls that enables the insurer to comply with the legislation and minimize the risks.
Class activities and a formative assessment is conducted during the course in the form of on-screen quizzes and group participation.
The trainer will use an audience response system so that each attendee’s participation in the quizzes is individually recorded and monitored.
A Certificate of Completion will be awarded to those participants who will pass the assessment.
Course fee: AED 1,550 inclusive of courseware, certificate and light snack and is subject to 5% VAT.