RESPONDENT’S PLAYBOOK CERTIFICATE

Skip to the beginning of the images gallery

Overview

Following the completion of the course, you should have a deep understanding of the trade finance business and various implications.

Learning Objectives

BAFT developed the BAFT Respondent’s Playbook: Guide to Obtaining and Maintaining a Correspondent Banking Relationship to train respondent banks on international Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards and to recommended actions that may improve their ability to obtain and maintain a Correspondent Banking Relationship (CBR). This certification is geared toward private sector banks, primarily compliance, risk management, and transaction banking business line (trade finance

and cross-border payments) staff as well as credit officers.

WHAT YOU WILL LEARN

The self-paced online course begins with a discussion of a correspondent bank’s considerations in establishing a new CBR. The program continues with a detailed description of a correspondent bank’s assessment of the financial crime exposure and compliance risk associated with a potential respondent.

The course includes an in-depth discussion of a correspondent’s risk assessment, initial and refreshed due diligence, and transaction monitoring and screening process. Best practices for respondents are discussed in

each section. The course concludes with special considerations for money service businesses and fintech companies.

Sessions / Modules

Default Instance

Activity - Register now!

Target Audience

This course does not have any target audience.