On 29th November of the current year Financial Monitoring Service has held training on topics “Criteria and typologies for detection of suspicious transactions in the sphere of AML/CFT” and “Application of a risk-based approach in the sphere of AML/CFT- Internal risk assessment” for employees of monitoring participants.

The training focused on the tools and services used in the AML/CFT sphere, monitoring and indicators of operations, identifying risk criteria according to the enterprise profile, compliance requirements for software, countries/regions with weak control mechanisms, and other important issues.

The purpose of the training was to strengthen the capacity of monitoring participants to identify suspicious transactions and apply a risk-based approach.

The training was attended by 31 participants.