Managing AML in Correspondent Banking Relationships

This specialized course provides comprehensive training on the AML/CFT risks and compliance requirements associated with correspondent banking relationships. Participants will learn about the unique risks of correspondent banking, regulatory expectations for due diligence, and effective risk management strategies. The course covers both respondent and correspondent bank perspectives, including due diligence requirements, ongoing monitoring, and termination procedures. Through case studies and practical exercises, learners will develop the expertise needed to manage correspondent banking risks effectively.