AML/CFT Compliance in Insurance Companies

Teacher

Professional Training On “AML/CFT Compliance in Insurance Companies” for Compliance Officer & Professionals From Insurance & Financial Institutions

COURSE OVERVIEW:

In today’s globally interconnected financial environment, insurance companies are increasingly targeted by criminals to launder illicit funds and finance terrorism. While traditionally perceived as lower-risk compared to banks, the evolving complexity of insurance products — particularly life insurance — has made the sector vulnerable to abuse. Regulatory bodies worldwide are placing mounting pressure on insurers to strengthen their Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) frameworks.

Non-compliance can lead to severe legal repercussions, reputational damage, and heavy financial penalties. As global regulatory frameworks like the FATF Recommendations, Basel Accords, and OECD Guidelines become more stringent, it is imperative for insurance companies to implement robust compliance programs. This training equips professionals with the knowledge and tools needed to navigate this demanding environment effectively and ethically.

CTB Thailand’s Comprehensive & Highly Impactful Training On “AML/CFT Compliance in Insurance Companies” is well designed to enhance the understanding and implementation of AML/CFT measures in insurance companies. Through case studies, interactive workshops, and scenario-based learning, participants will explore global compliance standards, risk assessment techniques, red flag indicators, and effective reporting mechanisms. The program includes real-world examples, global regulatory trends, peer-to-peer knowledge sharing, and optional study visits to key financial regulatory institutions in Bangkok. Post-training, participants will be able to identify and mitigate AML/CFT risks, design risk-based controls, and implement company-wide compliance systems aligned with international best practices.