Register for the sessions
The journey towards effective Financial Crime Risk Management
Join the immersive experience!
Designed for risk and compliance professionals, the sessions will allow participants to understand the latest developments on financial crime as well as engage with peers and industry experts. The objective is to help businesses and their compliance functions build the vision, strategies, capabilities and reporting processes to become more resilient.
Adopting an effective financial crime risk management strategy has become increasingly significant to protect organisations from existing risks and at the same time to comply with the ever-changing regulatory landscape in Mauritius and beyond.
This course has been designed to provide the fundamentals of effective financial risk management and to cover the critical risk and control issues that regulators deem important for an effective and integrated financial crime compliance environment. The session will include group activities and discussion points to promote an interactive session.
To ensure the implementation of adequate and effective internal controls that will help mitigating financial crime risks, it is mandatory for organisations to ensure the implementation of the risk-based approach methodology.
In this session, you will learn how to use such an approach to redefine and refocus your internal control framework. We shall cover in detail the emergence of risk assessment and management, its link with corporate governance, and how to establish relevant controls to financial crime risk management processes.
The session will include group assignments and case studies that will make participants act as a team and address realistic financial crime situations.
Effective money laundering risk management hinges on an organisation having a thorough knowledge of the clients they deal with, hence the importance attached in establishing rigorous KYC procedures.
This session will cover KYC obligations when onboarding and maintaining clients, including continuous monitoring.
Technology has become an important tool in the fight against financial crime.
This session will reveal innovative solutions and emerging technology trends in onboarding, transaction monitoring and due diligence matters to manage financial crime in a more efficient manner.
Sanction is a strong element in the global fight against financial crime. The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019 has been enacted in Mauritius to implement targeted sanctions, including financial sanctions, arms embargo and travel ban, and other measures imposed by the United Nations Security Council under Chapter VII of the Charter of the United Nations.
This course will cover key areas of sanctions controls in light of the new legislation including sanctions screening, sanction alerts management and sanctions evasion typologies.
The facilitators from our Forensics team have significant experience in Financial Crime Risk consulting, working with both public and private sector clients.
Rajeev Basgeet, Partner
Rajeev has been with PwC for 19 years, providing advisory services to leading financial institutions and taking appointments from regulators.
Patrick Matu, Associate Director
Patrick has 14 years of experience in risk and compliance management both in consulting and working in the banking industry.
Date | See in session information |
Time | Half-day sessions: 8.30am - 12pm Full-day sessions: 8.30am - 3.30pm |
Venue | PwC Centre, Avenue Telfair, Moka (See map) |
Cost | Half-day sessions: Corporates - Rs 7,000 per participant per session Individuals - Rs 6,000 per participant per session Full day sessions: Corporates - Rs 10,000 per participant per session Individuals - Rs 9,000 per participant per session HRDC approval in process Corporates can benefit up to 75% refund |
Contact | For more details, please speak to: Ms. Bhavna Mungree |
Attendees are expected to respect the recommended sanitary protocols including:
We continue to monitor the current COVID-19 situation in the country and abiding to local regulations to keep the PwC Centre safe is our top priority. Therefore, in case of active cases in the community, courses may be rescheduled.