The client and the requirement:
We have delivered a number of courses over the years to this well known bank, therefore they are well aware of the quality of trainings we provide. They have contacted us in November with the below requirements;
A course which might specifically target the role of Transaction Monitoring in mitigating risks that face the Bank.
It is the Transaction Monitoring typologies & behaviours that the course should be focusing on. It is ultimately only the Transaction Monitoring aspects of AML and the risks associated with this that the bank was interested in. A framework which explains that the regulatory background is acceptable.
Norms across customer bases / datasets – differentiate between different age groups – in terms of what normal look like – as this may well be different within different products & age groups. Start to look at aggregating within products / customer groups etc.,
A high level overview AML – Regulatory landscape – best practices / various scenarios etc…