AML audit for online companies & trust service providers

Start Time

16 SEPT, 2022
08:00 AM

End Time

16 SEPT, 2022
12:00 PM


Werfstraat 6, Scharloo, Curacao

Introduction / benefits

When the Regulations first came into a force, there was a general assumption that this would only apply to the large law firms. That myth has been dispelled and by the different AML/CFT Supervisors, firms should be commissioning independent audits.

A risk assessment is seen by the regulators as the cornerstone of AML/CFT compliance. Once a firm analyses and understands its priority risks, its AML/CFT processes, controls and training can be tailored accordingly. Basically, everything flows from the risk assessment. That is why the risk assessment is the first thing the SRA asks to see when they come knocking.

Think of an independent audit as the quality control function. It provides a feedback loop to the firm. Does what happen on the ground follow the firm’s AML/CFT procedures? Are the controls properly tailored to the firm wide risks? Are there any gaps?

The audit is a critical analysis of the effectiveness of AML/CFT systems, which will either tell you what you already know or highlight blind spots.

Based on above you will need to make sure that the auditor has the knowledge and experience to be able to conduct an audit, has the analytical skills and communicate their recommendations effectively.


  • Regulatory Requirements to conduct an independent Audit
  • Understanding the Three lines of defense
  • Components of an effective AML Audit Program
  • Developing an Enterprise Wide audit methodology
  • Audit Risk Assessment methodology
  • Best practices for Planning, Execution and Reporting

Target group

  • Management
  • Auditors
  • Compliance Officers
  • Compliance staff

Duration of the training

The duration of the training is 4 hours.


The investment in this training is NAf 445,- p.p. incl. taxes.

The price includes training sheets & certificate of participation.