Move beyond AML compliance and learn how to identify, assess and manage financial crime risk across your organization.

The workshop combines strategic discussion with practical application, covering customer due diligence (KYC), beneficial ownership, sanctions and politically exposed person (PEP) screening, transaction monitoring, suspicious transaction reporting (STRs/SARs), investigations, and emerging technologies. Through a range of real-world case studies and practical exercises, participants will learn how financial crime risks can be identified, assessed, and mitigated using a structured, risk-based approach aligned with international good practice and regulatory expectations.

This workshop bridges the gap between regulatory compliance and enterprise risk management. Participants will leave with a practical understanding of the tools, processes, and governance required to strengthen their organization's financial crime resilience and respond confidently to an increasingly complex and rapidly changing threat environment.

What sets this apart:

• A risk management perspective rather than a purely compliance-focused AML course
• Practical guidance from an experienced risk management and former MLRO practitioner
• Covers the full financial crime landscape, including fraud, money laundering, sanctions, and emerging threats
• Real-world case studies drawn from major financial crime investigations and enforcement actions
• Interactive exercises to apply concepts to realistic business scenarios
• Focus on governance, controls, and building an effective financial crime risk management framework

Key takeaways:

By the end of this workshop, you will:

• Understand the major forms of financial crime and how they impact organizations
• Identify key financial crime risks and common criminal typologies
• Apply a risk-based approach to financial crime governance and controls
• Understand the principles of KYC, customer due diligence and sanctions screening
• Recognize suspicious activity and understand the investigation and reporting process
• Evaluate the effectiveness of financial crime controls within their own organization
• Appreciate the role of technology, AI, and data analytics in detecting and preventing financial crime
• Return with practical tools and insights that can be immediately applied within their organization

Day 1 – Understanding Financial Crime
 - The financial crime landscape and emerging threats
 - Types of financial crime and criminal typologies
 - The global financial crime ecosystem – regulators, law enforcement, and financial institutions
 - Money laundering and terrorist financing
 - Financial crime risk governance and the three lines of defense
 - Building an effective financial crime risk management framework

Day 2 – Managing Financial Crime Risk
 - Customer Due Diligence (CDD), as well as Know Your Customer (KYC) and beneficial ownership
 - Sanctions, politically exposed persons (PEPs) and adverse media screening
 - Transaction monitoring and financial crime detection
 - Suspicious transaction reporting (STRs/SARs) and investigations
 - Technology, artificial intelligence, and emerging financial crime risks
 - Practical case studies and lessons from major enforcement actions

Attendance at every Zoom session for the full session is required.  Your Zoom access will be provided the Monday prior to the workshop start.

Who should attend:

This workshop is designed for risk professionals, financial crime and AML specialists, compliance officers, MLROs, fraud investigators, internal auditors, operational risk managers, KYC and sanctions teams, legal and regulatory professionals, and senior executives and Board members responsible for managing financial crime risk.

Format & schedule:

Two live virtual sessions: August 26 and 27, 2026, 9:00 a.m. - 1:00 p.m. Eastern / 2:00 - 6:00 p.m. GMT

Interactive delivery via Zoom, including discussions, case studies, practical templates, and actionable takeaways.

Justin McCarthy brings a wealth of experience from his roles in prestigious firms such as Bank of America Merrill Lynch, PricewaterhouseCoopers, and the Irish Financial Regulator. His extensive background has provided him with a unique perspective on the evolution of risk management and regulation, particularly during and after the Global Financial Crisis.

As the CEO of PRMIA, Justin leads a global network of over 45,000 risk management professionals. He holds a BSc in Computer Science from University College Cork and an MBA from the Michael Smurfit Graduate School of Business at University College Dublin. He has also earned a Corporate Director Certificate from Harvard Business School.

Before becoming CEO of PRMIA, Justin worked in a variety of risk management and compliance roles within the financial services industry, including serving as a Money Laundering Reporting Officer (MLRO). Having been directly responsible for implementing AML controls, customer due diligence, suspicious transaction reporting and regulatory compliance, he combines practical operational experience with more than 25 years of international expertise in enterprise risk management, governance and professional education.