Protecting Your Organisation from Financial Crimes: Is Your Board Aligned with AMLA?​

Programme Overview​

Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) have become critical issues not only for financial institutions but also for non-financial sectors globally. As financial crime risks continue to evolve, board members and senior management in all industries must be equipped with strategic insights and governance frameworks to protect their organisations from the risks associated with AML/CFT.​

While financial institutions are typically the primary focus, non-financial institutions—including those in retail, manufacturing, technology, and other sectors—are also at risk and increasingly under scrutiny. The global regulatory environment is tightening, and it is essential for all boards to understand the implications of the Anti-Money Laundering Act (AMLA) 2001 to ensure compliance and mitigate both financial and reputational risks.​

The board's role in providing oversight and governance to ensure that effective AML/CFT measures are implemented is crucial for organisations of all types. Effective governance is not only about compliance but also about fostering a culture of integrity and responsibility across all areas of the business. Board members must champion AML/CFT strategies that are proactive, transparent, and aligned with the organisation’s overall risk management framework. By leading from the top, boards can ensure their organisations implement robust systems, safeguard against financial crime, and avoid significant penalties or reputational damage.​

This programme will provide board members and senior management from all industries—including both financial and non-financial sectors—with the essential tools and knowledge required to integrate AMLA compliance into their governance structures, ensuring robust, proactive strategies that align with legal obligations and support the long-term health of the organisation.​

Learning Outcomes​

• Identify the Risks: Understand the risks and consequences of money laundering to organisations and society.​
• Governance Framework: Gain insights into how board members can contribute to governance frameworks for AMLA compliance.​
• Strategic Oversight: Learn how to strategically align AMLA with broader organisational governance objectives to strengthen corporate integrity and accountability.​
• Role of the Board: The board plays a critical role in setting the tone from the top ensuring adequate policies and procedures are in place and providing guidance for management.​
• Regulatory Alignment: Explore the provisions of the Anti-Money Laundering Act 2001 (AMLA), its relevance to board governance, and the consequences of non-compliance.