(Guideline Chapter 10)
Staff training is an important element of an effective system to prevent and detect ML/TF activities. The effective implementation of even well-designed AML/CTF systems can be compromised if staff using the systems is not adequately trained.
All staff should be aware of:
GRDA implementation include :
All training materials should be up-to-date and in line with current requirements and standards. GRDA training techniques and tools include:
All New Staff
Front Office Staff
Back Office Staff
Money Laundering Reporting Officer
Staff’s training records, including the date and type of training received by each staff will be maintained for a minimum of 3 years and be made available to the CR on demand.
GRDA would monitor the effectiveness of the training by: