Advanced Certificate in Managing Virtual Currency and Financial Crime Risks
This international and certified programme of learning has been designed to support financial crime risk and compliance professionals, anti-money laundering professionals and Virtual Currency (VC) industry practitioners in understanding more about the development of VC and how to manage associated financial crime risks.
Core learning is provided via a detailed course manual and some short supporting webinars, and this online learning will be supported by attendance at a two-day intensive, facilitated learning workshop that will be delivered by one of the world's most respected financial crime compliance learning professionals and trainers.
During two days of interactive and experiential learning, delegates will review case studies, and will be able to learn more about current and emerging VC-related regulatory and crime-related developments, as well as receiving personal support in preparation for the end of course assessment.
This is an international course, certified by the University of Gloucestershire in England, and will ensure that delegates are appraised of the very latest international developments and significant challenge of managing VC activities according to international regulations. Delegates who are successful in the end-of-course assessment will be permitted to use the professional designation ‘AdvCertVC’ recognising their higher level of knowledge and awareness.
Lee Byrne, founder of Great Chatwell Academy of Learning, has more than 30 years international banking and financial crime management experience, and is currently the senior AML advisor to VC, ICO and blockchain firms. He is respected around the world as one of the foremost trainers and currently facilitates training courses across the world covering the management of compliance and regulation, including virtual currencies and ICO’s.
Lee specialises in advising on the management of financial crime risks within regulated firms, covering money laundering, fraud, trade-based money laundering, sanctions, bribery and corruption, tax evasion and terrorist financing risks.
Former career highlights include:
Former Global Head of Financial Crime Compliance Studies for the International Compliance Training (International Compliance Association)
Former MLRO, Head of Compliance and Compliance Monitoring Manager of UK banks
Master Trainer for HSBC during the global deployment of AML/Sanctions training
Qualified under ACAMS, ICA AML Diploma, and St. Andrews University Certificate in Terrorism Studies
He has worked in many of the major financial markets including Japan, Hong Kong, Singapore, India, Philippines, Mexico, Brazil, Russia, Europe and the Middle East, giving him extensive knowledge of international best practices.
“Lee Byrne, founder of Great Chatwell Academy of Learning (GCAL) is generally regarded by practitioners as one of the leading trainers of financial crime compliance in the UK and Europe. He brings a memorable style to the learning experience with well-structured courses that deliver positive outcomes. I have had the pleasure of working with GCAL on more than one occasion, including as a course observer, and have been thoroughly impressed with the training. However, perhaps even better is that I have witnessed compliance professionals deepen their knowledge and passion for their work as a direct result of their training experience that has led to better compliance outcomes for the organisations they work for.”
- Malcolm Wright, Founder, FCC Advisory
“I want to publicly thank you and the Academy for putting together a great programme. The material is very well presented, and the content is informative and interesting. I have found this a very beneficial and enjoyable learning experience.
I have no hesitation in recommending this programme of study to any FCR professionals wishing to broaden their knowledge and particularly in an area where regulation is not yet as strong as regulated financial firms would like it to be.”
- Assistant Vice President - Financial Crime Compliance, Commercial Banking at HSBC Bank, Canada
“What a terrific online course! I greatly advanced my knowledge and understanding in this space with a well-rounded syllabus that covered such things as details behind VC, the history of its evolution to date, criminal cases, which countries have put forward regulatory requirements and how it can be used in financial crime. Thanks Great Chatwell Academy of Learning.”
- Managing Director of Compliance Consultancy, Barbados
A key learning outcome will be to review and understand more about how to conduct a financial crime risk assessment, perform customer due diligence and how to monitor relationships to manage and identify criminal activity in VC transactions.
This includes a look at some of the very latest VC due diligence monitoring techniques and software, training techniques and red flags indicators that can be provided to staff as part of the three-line defence model.
Learn more about the history and development of finance and international payment industry, including the internet and the comparatively recent introduction of VC
Develop an enhanced understanding of what we mean by VC and how it works
Understand the framework of systems, controls and procedures that are required to be managed within a firm to mitigate financial crime risks
Receive an update on criminal aims and emerging crime and terrorist financing threats
Understand how VC can be used for illicit purposes
Confirm the very latest on international regulations in key financial markets
Review individual and firm-specific legal responsibilities to report knowledge or suspicion that there has been an attempt to launder the proceeds of crime, or to finance terrorism
Benefit from reviewing real case studies to demonstrate how VC has been used to support criminal aims and objectives
Virtual currency, blockchain, ICO and cryptocurrency
Cross border financial crime risk and money laundering monitoring
VC links to money laundering, terrorist financing, corruption, tax and other financial crime typologies
International legal and regulatory developments
VC technology solutions
Systems and controls framework and procedures to manage and mitigate financial VC crime risks.
2-day course with pre-reading followed by an online timed assessment on the last day of the course. To confirm learning and understanding, all delegates are required to complete a timed one-hour online assessment made up of 25 multiple choice questions. The pass mark is 80% and the format is open-book.
The course is delivered in association with the University of Gloucestershire, and delegates who are successful will be permitted to use the designation ‘AdvCertVC’ to confirm their qualification.
Most students will be required to spend between 20 to 30 hours reading the pre-course learning materials and watching the supporting recorded webinars, before taking the online assessment.
A sample of multiple choice questions is provided to enable each delegate to assess their readiness to complete the timed online assessment.
WHO SHOULD ATTEND
VC enthusiasts, users and professionals from the non-regulated sector
All risk professionals including financial crime compliance (FCC) and money laundering practitioners
MLRO, Deputy MLRO and nominated officers
Professionals from outside the banking profession, including Lawyers, Accountants, Real Estate professionals or other impacted industries
Law enforcement officials