BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Opus Kinetic - ECPv6.15.12.2//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://www.opuskinetic.com X-WR-CALDESC:Events for Opus Kinetic REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:Asia/Singapore BEGIN:STANDARD TZOFFSETFROM:+0800 TZOFFSETTO:+0800 TZNAME:+08 DTSTART:20170101T000000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;VALUE=DATE:20181119 DTEND;VALUE=DATE:20181121 DTSTAMP:20260410T183118 CREATED:20180725T024408Z LAST-MODIFIED:20180808T050004Z UID:10000308-1542585600-1542758399@www.opuskinetic.com SUMMARY:Enhanced Assessment on Money Laundering And Terrorism Financing (ML/TF) Risks DESCRIPTION:Overview\nFATF Recommendations and domestic legislation require financial institutions and their supervisors to identify\, assess and understand the ML and TF risks they face and to take effective actions to mitigate those risks. The purpose of these requirements is to focus AML strategies and compliance efforts where the risks are higher\, and at the same time\, to manage more effectively the costs of compliance and to reduce the firm’s exposure to ML and TF risks. \nML and TF risks can be quite diversified and complex as ML and TF techniques continuously evolve\, and their identification and mitigation could be challenging for firms. The costs of compliance are increasing\, and so is the risk of sanctions by supervisors for failure to comply effectively with AML/CFT requirements. International banks are setting the bar high for AML/CFT compliance to establish correspondent banking relationships.\n \nIn light of these challenges\, this course aims at providing participants with operational knowledge for identifying and assessing ML and TF risks\, acquiring information on the latest ML and TF trends\, and understanding the best practices in creating strategies and setting up effective risk-based compliance systems that is compliant with both FATF Recommendations and other international best practices. \nWho Should Attend\nPrincipals especially those working in the Financial Industry including both the public sector (financial regulators and supervisors) and private sector (such as Banking\, Insurance\, and Securities) are encouraged and shall benefit by attending this course. \nA list of POTENTIAL ATTENDEES\, but not exhaustive\, is laid out below as follow: \n\nFinancial Transaction Regulators / Supervisors\nFinancial Intelligence Managers/Analysts\n\nPolicy Makers\n\nFinancial Institution Directors\n\nFinancial Institution (Senior) Vice Presidents\n\nAML/CFT Policy Analyst\n\nAML/CFT Compliance Analyst\n\nCompliance Manager\n\nCompliance Auditors\n\nRelationship Managers\n\nRisk Managers\n\nPrivate Equity Professionals\nFinancial Lawyers\n\nKey Learning Objectives\n\nLEARN the latest trends of ML and TF\n\nACQUIRE practical yet effective strategies for identifying and assessing ML and TF risks\n\nUNDERSTAND ML and TF risks\n\nMITIGATE money laundering and terrorist financing risks based on risk-based approach (RBA)\nENSURE that the AML/CFT regime is adequate to address such risks\nSTRENGTHEN compliance oversight on AML/ CFT policies and coordination\n\nEnquiry Form\n\n\n \n \n SalutationMr.Miss.Mrs.Mdm.Dr.Prof.Capt.Name\n \n \n \n First\n \n \n \n \n Last\n \n \n PhoneEmail\n \n CompanyAdditional Comments:CAPTCHA URL:https://www.opuskinetic.com/training/enhanced-assessment-on-money-laundering-and-terrorism-financing-mltf-risks-3/ LOCATION:Dubai\, United Arab Emirates CATEGORIES:Banking and Finance GEO:23.424076;53.847818 END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181122 DTEND;VALUE=DATE:20181124 DTSTAMP:20260410T183118 CREATED:20180725T040228Z LAST-MODIFIED:20180725T040228Z UID:10000506-1542844800-1543017599@www.opuskinetic.com SUMMARY:IFRS 9 Financial Instrument Training DESCRIPTION:Overview\nThe IFRS 9 or the Malaysian counter part MFRS 9 have been implemented as of the first quarter of 2018. According to a report\, IFRS 9 requires more timely recognition of credit losses under the expected credit loss model. There are also a minimum loss allowance of 1% that has to be set aside by large banks. IFRS 9 reduces P&L volatility which allows more hedges for hedge accounting. It also helps to enhance management toolbox as it enables hedgers to treat ‘cost of hedging’ as a separate component of equity. The course is designed to develop your knowledge and understanding of international financial reporting standards as well as apply them.  \nWho Should Attend\n\nStaff in Finance\, treasury\, operations\, risk\, management\, IT or Compliance departments \nCFO\, Finance Directors\nAccountants\, Financial Controllers\nFinancial reporting executives\nTreasurer\nBudget officers/ forecasting specialists\nAuditors\nMerchant/ investment/ corporate bankers\nTax directors/ managers\nInternal and external auditors\nRegulatory staff\nAnalysts\nInvestment managers\n\nKey Learning Objectives\n\nThe course will take a detailed look at the key provisions of IFRS 9\, comparing it to the old provisions in IAS 39 to highlight the changes \nFocus on difference in Scope and Scope exclusions\n\nRecognition principles and application\nFinancial asset classification in terms of application dates and relevant accounting\nDerecognition principles and application\nHedge accounting differences in terms of scope\, conditions\, accounting\, practical examples of hedge effectiveness testing\n\nEnquiry Form\n\n \n \n SalutationMr.Miss.Mrs.Mdm.Dr.Prof.Capt.Name\n \n \n \n First\n \n \n \n \n Last\n \n \n PhoneEmail\n \n CompanyAdditional Comments:CAPTCHA URL:https://www.opuskinetic.com/training/ifrs-9-financial-instrument-training/ LOCATION:Kuala Lumpur\, Federal Territory of Kuala Lumpur\, Kuala Lumpur\, Malaysia CATEGORIES:Banking and Finance GEO:3.1384965;101.7099933 END:VEVENT END:VCALENDAR