ANTI-MONEY LAUNDERING COMPLIANCE

E-Four and AAF offers consultation services to financial institutions and designated non-financial institutions on the policies, procedures, processes, enhanced practices and internal controls that ensure compliance with financial regulations. At E-Four and AAF, we work with financial services firms that want to assess where artificial intelligence enabled technologies could drive value at their companies. We provide our clients this resource as a foundation for understanding the broad possibilities of machine learning in their industry as part of our more extensive AI Opportunity Landscape service. E-Four and AAF also offers advisory services on the policies, procedures, processes, enhanced practices and governance structure that should be implemented by institutions to ensure the effective development and deployment of new technologies for combating financial crime. E-Four and AAF offers consultation and advisory services on the legal and ethical implications of deploying artificial intelligence enabled systems, and the internal controls that should be implemented to ensure compliance with financial regulations. We also offer consultation on the most relevant regional approaches to confronting financial crime, and the AML software solutions that can accurately identify and report suspicious transactions while reducing false positives.

ANTI-CORRUPTION LAWS AND POLICIES

E-Four and AAF offers consultation services on the most relevant regional approaches to confronting corruption, and the current regulatory environment and priority areas addressing and/or attempting to combat corruption.

COUNTER FRAUD MEASURES
E-Four and AAF offers consultation services on the most relevant regional approaches to confronting fraud, and the current regulatory environment and priority areas addressing and/or attempting to combat fraud.

HUMAN RIGHTS DUE DILIGENCE

E-Four and AAF offers consultation services to financial institutions and designated non-financial institutions on human rights due diligence. 

You can reach us via email at admin@e-four-aaf.com or through the Managing Partner at ehi.esoimeme@e-four-aaf.com and ehiesoimeme@gmail.com or via phone at +2348107387181

E-FOUR AND AAF offers a comprehensive training programme on Financial Crime Compliance through its Global Academy of Finance and Management and African Union University (GAFM/AUU International) approved Short Courses. Upon successful completion of any of this training programmes (Foundational, Basic, Standard or Premium), the participants will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF. The Basic Programme comes with 120 CDP Points while the Standard Programme comes with 200 CDP Points. The Premium Programme comes with 360 CDP Points. So if you enrol for the Basic Programme, you will be entitled to 120 CDP Points. With 120 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can also apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee. With 200 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee. With 360 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CFC Certified in Financial Crimes and Fraud Prevention™ and you will receive the Certification after paying the Certification fee. With 360 CDP Points, you can also apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee. Please note that the GAFM Certification is optional. However, if you want the GAFM Certification, you will have to provide evidence of acquiring the right amount of CDP Points and pay the Certification Fee of $400. You also have the option of obtaining the AUU International Certification with the right amount of CDP Points. The Certification Fee is $100.

With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management).
 
FOUNDATIONAL PROGRAMME
The Foundation Programme is ideal for undergraduate students in Economics, Banking and Finance, Law, Education, International Relations and other Courses. The Foundation Programme cost just 120 dollars. Participants in Nigeria can pay the Naira equivalent. Students wishing to enroll for the Foundation Programme must provide evidence of Course registration in an accredited University. The Foundation Programme comes with three Short Courses:
1. Introduction to Fraud.
2. Introduction to Corruption.
3. Introduction to Money Laundering.
 
The duration for the Foundational Programme is three weeks. Each of the Courses come with ten CDP Points each. Upon Completion of the Foundation Programme, Participants will receive a Certificate of Completion from E-Four and AAF. In addition to this, Participants can apply directly through E-Four and AAF for the Certificate in Anti-Money Laundering Awareness from the African Union University (AUU International).
 
BASIC PROGRAMME
The Basic Programme is ideal for Bankers, Compliance Professionals, graduates of Economics, Banking and Finance, Law, Education, International Relations and other Courses. The Basic Programme offers Six Short Courses and the whole programme cost just 210 dollars. Participants in Nigeria can pay the Naira equivalent. Bankers, Compliance Professionals and University guaduates wishing to enroll for the Basic Programme must provide their degree certificate, curriculum vitae and other relevant credentials for screening. The Basic Programme comes with Six Short Courses:  
 Identifying and reducing the money laundering and other illicit financial risks associated politically exposed persons (PEPs).Recognizing and mitigating the money laundering and other illicit financial risks associated with cash-intensive businesses and entities.Managing the money laundering and other illicit financial risks associated with transactions involving domestic and foreign business entities.Managing the potential money laundering and other illicit financial risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals.Combatting money laundering and illicit financial flows through effective leadership.  
The duration for the Basic Programme is Six weeks. Each of the Courses come with twenty CDP Points each. Upon Completion of the Foundation Programme, Participants will receive a Certificate of Completion from E-Four and AAF. In addition to this, Participants can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can also apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee.
 
STANDARD PROGRAMME
The Standard Programme is ideal for Bankers, Compliance Professionals, graduates of Economics, Banking and Finance, Law, Education, International Relations and other similar Courses. The Standard Programme offers Eleven Short Courses on Financial Crime Compliance. The whole programme cost just 360 dollars. Participants in Nigeria can pay the Naira equivalent. University graduates wishing to enroll for the Standard Programme must provide their degree certificate for screening. The Standard Programme comes with Eleven Short Courses:

1. Identifying and reducing the money laundering and other illicit financial risks associated politically exposed persons (PEPs).

2. Recognizing and mitigating the money laundering and other illicit financial risks associated with cash-intensive businesses and entities.

3. Managing the money laundering and other illicit financial risks associated with transactions involving domestic and foreign business entities.

4. Managing the potential money laundering and other illicit financial risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").

5. Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals.

6. Recognizing and mitigating the money laundering and other illicit financial risks associated with Money services businesses (MSB).

7. Managing the money laundering, terrorist financing and other illicit financial risks associated with the accounts of non-profit organisations (NPOs).

8. Understanding and managing the money laundering and other illicit financial risks associated with Fintech Service Providers

9. Managing the money laundering and other illicit financial risks of correspondent banking relationships.

10. Managing the money laundering and other illicit financial risks associated with private banking relationships for both domestic and international customers.

11. Combatting money laundering and illicit financial flows through effective leadership.  

Please note that Graduates who had already enrolled for the Basic Programme and who now wish to upgrade to the Standard Programme will enroll for just five courses and pay just $180. The five Courses include:
 Recognizing and mitigating the money laundering and other illicit financial risks associated with Money services businesses (MSB).Managing the money laundering, terrorist financing and other illicit financial risks associated with the accounts of non-profit organisations (NPOs).Understanding and managing the money laundering and other illicit financial risks associated with Fintech Service ProvidersManaging the money laundering and other illicit financial risks of correspondent banking relationships.Managing the money laundering and other illicit financial risks associated with private banking relationships for both domestic and international customers.  
The duration for the Standard Programme is Eleven weeks for Participants who did not enroll for the Basic Programme. But for Participants who have already completed the Basic Programme, the duration will be five weeks. Each of the Courses come with twenty CDP Points each. Upon Completion of the Standard Programme, Participants will receive a Certificate of Completion from E-Four and AAF. In addition to this, Participants with 200 CDP Points can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee.

THE PREMIUM PROGRAMME
The Premium Programme is ideal for Bankers, Compliance Professionals, graduates of Economics, Banking and Finance, Law, Education, International Relations and other similar Courses. The Premium Programme offers Nineteen Short Courses on Financial Crime Compliance. The whole programme cost just 600 dollars. Participants in Nigeria can pay the Naira equivalent. University graduates wishing to enroll for the Premium Programme must provide their degree certificate for screening. The Premium Programme comes with Eleven Short Courses:

1. Identifying and reducing the money laundering and other illicit financial risks associated politically exposed persons (PEPs).

2. Recognizing and mitigating the money laundering and other illicit financial risks associated with cash-intensive businesses and entities.

3. Managing the money laundering and other illicit financial risks associated with transactions involving domestic and foreign business entities.

4. Managing the potential money laundering and other illicit financial risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").

5. Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals.

6. Recognizing and mitigating the money laundering and other illicit financial risks associated with Money services businesses (MSB).

7. Managing the money laundering, terrorist financing and other illicit financial risks associated with the accounts of non-profit organisations (NPOs).

8. Understanding and managing the money laundering and other illicit financial risks associated with Fintech Service Providers

9. Managing the money laundering and other illicit financial risks of correspondent banking relationships.

10. Managing the money laundering and other illicit financial risks associated with private banking relationships for both domestic and international customers.

11. Managing the money laundering and other illicit financial risks associated with payable through accounts (PTA)

12. Managing the money laundering and other illicit financial risks associated with trust and asset management services

13. Identifying the elements of trade that facilitate Trade Based Money Laundering (TBML) and the mechanisms of trade finance used in TBML

14. Recognizing and mitigating the money laundering and other illicit financial risks associated with professional service provider relationships

15. Managing the money laundering and other illicit financial risks associated with prepaid access products

16. Managing the money laundering and other illicit financial risks associated with electronic banking (e-banking) customers, including Remote Deposit Capture (RDC) activity

17. Identifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money mules

18. Mitigating the risk of money laundering and combating financial crimes using Artificial Intelligence  

Please note that Graduates who had already enrolled for the Standard Programme and who now wish to upgrade to the Premium Programme will enroll for just Eight courses and pay just $270. The Eight Courses include:
 Managing the money laundering and other illicit financial risks associated with payable through accounts (PTA)Managing the money laundering and other illicit financial risks associated with trust and asset management servicesIdentifying the elements of trade that facilitate Trade Based Money Laundering (TBML) and the mechanisms of trade finance used in TBMLRecognizing and mitigating the money laundering and other illicit financial risks associated with professional service provider relationshipsManaging the money laundering and other illicit financial risks associated with prepaid access productsManaging the money laundering and other illicit financial risks associated with electronic banking (e-banking) customers, including Remote Deposit Capture (RDC) activityIdentifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money mulesMitigating the risk of money laundering and combating financial crimes using Artificial Intelligence  
The duration for the Premium Programme is Eighteen weeks for Participants who did not enroll for the Basic and Standard Programme. But for Participants who have already completed the Basic and Standard Programme, the duration will be Eight weeks. Each of the Courses come with twenty CDP Points each. Upon Completion of the Premium Programme, Participants will receive a Certificate of Completion from E-Four and AAF. In addition to this, Participants with 360 CDP Points can apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee. Please note that the GAFM Certification is optional. However, if you want the GAFM Certification, you will have to provide evidence of acquiring the right amount of CDP Points from E-Four and AAF and pay the Certification Fee of $400. Participants also have the option of obtaining a Diploma in Financial Crime Compliance from the African Union University (AUU International) with the 360 CDP Points and after submitting a Dissertation Paper which has to be supervised and approved by the Academic Board. Upon the approval of the Dissertation Paper, successful Candidates will be issued with the Diploma in Financial Crime Compliance after paying the necessary fees.  
 
BENEFITS
 
The training programme will assist participants in identifying money laundering and other illicit financial activity risks associated with high risk customers, products and services,  and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the risks associated with customers, products and services enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.
 
You can register for the foundational programme, basic programme, standard programme or premium programme by filling out the attached application  form or the online google form which can be accessed via this link: https://docs.google.com/forms/d/1rJRcnEHaKphlU9DLGdjVLoCZClq-YKht31agEcLdFyw/edit
 
You can contact us for further enquiries into our training programmes. We can be reached via email at paccfin@gmail.com The email address of the Founder and Managing Partner (Professor Ehi Eric Esoimeme Esq.) is ehiesoimeme@gmail.com. His phone number is +2348107387181.
 
We are happy and eager to begin a fruitful business relationship with your esteemed company. We are looking forward to receiving your response.

You can reach us via email at admin@e-four-aaf.com or through the Managing Partner at ehi.esoimeme@e-four-aaf.com and ehiesoimeme@gmail.com or via phone at +2348107387181

SHORT COURSES ON FINANCIAL CRIME COMPLIANCE WITH CDP POINTS

E-FOUR AND AAF offers Short Courses on Financial Crime Compliance. Upon successful completion of any of this training programmes, the participants will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). Currently, we offer the following Training Courses:Identifying and reducing the money laundering and other illicit financial risks associated politically exposed persons (PEPs).Recognizing and mitigating the money laundering and other illicit financial risks associated with cash-intensive businesses and entities.Managing the money laundering and other illicit financial risks associated with transactions involving domestic and foreign business entities.Managing the potential money laundering and other illicit financial risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals.Recognizing and mitigating the money laundering and other illicit financial risks associated with Money services businesses (MSB).Managing the money laundering, terrorist financing and other illicit financial risks associated with the accounts of non-profit organisations (NPOs).Understanding and managing the money laundering and other illicit financial risks associated with Fintech Service ProvidersManaging the money laundering and other illicit financial risks of correspondent banking relationships.Managing the money laundering and other illicit financial risks associated with private banking relationships for both domestic and international customers.Managing the money laundering and other illicit financial risks associated with payable through accounts (PTA)Managing the money laundering and other illicit financial risks associated with trust and asset management servicesIdentifying the elements of trade that facilitate Trade Based Money Laundering (TBML) and the mechanisms of trade finance used in TBMLRecognizing and mitigating the money laundering and other illicit financial risks associated with professional service provider relationshipsManaging the money laundering and other illicit financial risks associated with prepaid access productsManaging the money laundering and other illicit financial risks associated with electronic banking (e-banking) customers, including Remote Deposit Capture (RDC) activityIdentifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money mulesMitigating the risk of money laundering and combating financial crimes using Artificial Intelligence

COURSE TITLE 1: IDENTIFYING AND REDUCING THE MONEY LAUNDERING AND OTHER ILLICIT FINANCIAL RISKS ASSOCIATED WITH POLITICALLY EXPOSED PERSONS
This training considers risks associated with politically exposed persons (PEPs) in facilitating money laundering and other illicit financial activity, and the financial institution’s ability to implement effective due diligence, monitoring, and reporting systems.
 
Course Objectives
At the end of the training, participants will know how best to exercise reasonable judgment in designing and implementing policies, procedures, and processes regarding PEPs. Participants will know how to obtain risk-based due diligence information on PEPs and establish policies, procedures, and processes that provide for appropriate scrutiny and monitoring.
 
Training Sessions
This training is delivered in one week with two different sessions
 
Session 1
Course Outline
1. Introduction: Definition of PEP, Family Members of a PEP and Close Associates of a PEP
2. Financial Institutions’ Obligations Under the Money Laundering Regulations
3. Lower Risk Indicators for PEPs
4. Higher Risk Indicators for PEPs
5. Measures Financial Institutions May Take in Lower Risk Situations
6. Measures Financial Institutions May Take in Higher Risk Situations
7. Case Studies with Commentaries During Presentation
8. Best Practices
9. Conclusion

Session 2
Practical Exercises and Presentation
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and other illicit financial risks associated with PEPs, and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.
 
Benefits
This Course will assist participants in identifying money laundering and other illicit financial activity risks associated with PEPs and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the risks associated with PEPs enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.

Upon successful completion of this Course, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee. With 180 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee. With 240 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CFC Certified in Financial Crimes and Fraud Prevention™ and you will receive the Certification after paying the Certification fee. With 300 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee.

With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.

Trainer
The Training Sessions will be conducted by Professor Ehi Eric Esoimeme Esq., LLB, BL, LLM, JD, HC, PhD, DProfQAHE, ICA, CAMC, CCO, CPRM, CRA, CFIP, FGAFM, FCACC, FERP, FIMC, HON. FQAHE, a Professor of Business Law and Ethics at James Hope University (Nigeria), Rudolph Kwanue University (Liberia) and Kennedy University of Baptist (USA). Prof. Esoimeme is also concurrently the Founder and Managing Partner of E-Four and AAF, an Accredited Training Partner at the Global Academy of Finance and Management (USA) and the Editor in Chief of DSC Publications Ltd. (Nigeria). His area of specialism and expertise is in countering financial crime. This is categorized into regulatory law, substantive law, and professional compliance guidance in terms of strategic management of financial crime risks and vulnerabilities.

Prof. Esoimeme’s skill and knowledge in the field of the financial crime space are drawn from his many years of experience as a researcher and consultant in anti-money laundering laws and policies, counter-fraud measures, and anti-corruption strategies. So far, Prof. Esoimeme has authored more than 50 publications, including twelve books on commercial law and financial crime compliance while his research on Public Law has been featured on Harvard Law School's bibliography on corruption and anti-corruption. Prof. Esoimeme’s second book titled "The Risk-Based Approach to Combating Money Laundering and Terrorist Financing" was rated as the #5 best money laundering book of all time by Financial Expert in its 2021 refresh of the rankings while Prof. Esoimeme’s fifth book “Balancing Anti-Money Laundering/Counter-Terrorist Financing Requirements and Financial Inclusion” was named one of the best Banks books of all time by BookAuthority. As featured on CNN, Forbes and Inc – BookAuthority is the leading site for book recommendations. On July 27, 2022, Prof. Esoimeme’s Research Items on Financial Crime Compliance reached a new Milestone of 30,000 reads on ResearchGate. As Editor in Chief of DSC Publications, Prof. Esoimeme successfully completed three major projects for the firm. The first project SASEGBON ON ELECTION PETITIONS was published in 13 volumes while the second project SASEGBON’S JUDICIAL DICTIONARY OF NIGERIAN LAW (SJD) (A Comprehensive Index of the Words and Phrases and the Case Law and Statutes ON NIGERIAN LAW) was published in seven volumes. The third project SASEGBON’S LAWS OF NIGERIA (a complete statement of the entire body of Nigerian laws) was recently finalized by Prof. Esoimeme and the editorial team and will be published in year 2024 in 30 volumes.
Prof. Esoimeme received a bachelor’s degree in law from the University of Lagos (Nigeria) and holds a master’s degree in International Commercial Law with specialization in international banking law and anti-money laundering compliance from Cardiff University (United Kingdom). Prof. Esoimeme holds the U.S. equivalent of a Juris Doctor in International Law, and a PhD Degree in International Public Law from Erythras International University (Ethiopia).
Prof. Esoimeme is a member of the Institut Universitaire du Bénin (IUB) University, Board of Trusteeship, fellow of the International Institute of Certified Forensic Investigation Professionals Inc., USA., a fellow of the Global Academy of Finance and Management, a Lifetime Honorary fellow of the International Association for Quality Assurance in Pre-tertiary and Higher Education, a fellow of the Association of Enterprise Risk Management Professionals, a fellow of the Institute of Management Consultants, a senior member of the Risk Management Association of Nigeria, a certified anti-money laundering consultant, a certified anti-corruption consultant, a certified risk analyst and project risk manager, a professional member of the Association for Computing Machinery and a member of the Nigerian Bar Association.
Prof. Esoimeme currently serves on the Editorial Advisory Board/Editorial Board of the Journal of Economic Criminology, Elsevier; Journal Corruptio, Universitas Lampung (Indonesia); the Journal of Blockchain & Cryptocurrency publication, IFSA Publishing, S.L. (Barcelona, Spain); the Lagos Bar Journal, Nigerian Bar Association (Nigeria); and reviews manuscripts for several international journals, including Business Ethics Quarterly Journal (Cambridge University Press), Cogent Social Sciences Journal (Taylor and Francis) and Padjadjaran Journal of Law (Faculty of Law, Universitas Padjadjaran).
Prof. Esoimeme has received numerous awards. In 2023, Prof. Esoimeme received the Doctorate in Economics, Banking and Finance (Honoris Causa), Doctorate in International Relations (Honoris Causa) and Certificate of Membership of Board of Trusteeship from Institut Universitare Du Benin (IUB) University, and a special award of recognition from the Nigeria Police Force, Police Community Relations Committee (PCRC) Area C Command in recognition of his selfless service to humanity, rare display of love to the Nigerian Police and Philanthropic Dispositions.
Prof. Esoimeme has also received other awards. On 11 May 2022, Prof. Esoimeme received the Honorary Doctorate Degree in Financial Crimes jointly issued by American University of Business & Social Sciences and the International Association for Quality Assurance in Pre-tertiary and Higher Education (QAHE). On July 4, 2022, Prof. Esoimeme obtained the Distinguished Professorship Award in Financial Crimes Compliance jointly awarded by American University of Business & Social Sciences and the International Association for Quality Assurance in Pre-tertiary and Higher Education (QAHE).

Training Style
These courses have been specifically designed to include case studies, presentations and practical exercises. You will earn the Certificate on successful completion of the program and the associated assessment.
 
Who Should Attend?
This highly practical courses have been specifically designed for:
• AML Officers
• Compliance Officers and Managers
• Compliance Professionals
• Risk Managers
• AML Analysts
• SARs Analysts
• Surveillance Analysts
 
Course Fee
The original price for our short courses is 400 dollars per course. But we do have an ongoing promo offer that is set to expire in 6 months. The promo offer allows participants to pay 108 dollars per course (VAT Inclusive).
 
Group Discount for Registration of 50 or More Participants
We offer a discount of 5 percent where a group of 50 to 99 participants register for our short/shorter courses. But where 100 or more participants register, the discount is 10 percent.
 
Course Materials
You will receive the PowerPoint presentation slides and a number of Articles in your email for the training programme.
 
Course Duration
The duration for these courses is one week and it runs in two sessions with three hours assigned to the first session and three hours assigned to the second session. The first session is for the main training while the second session is for practical assessment/presentations.

Course registration
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6

COURSE TITLE 2: RECOGNIZING AND MITIGATING THE MONEY LAUNDERING AND OTHER ILLICIT FINANCIAL RISKS ASSOCIATED WITH CASH-INTENSIVE BUSINESSES AND ENTITIES.
This training considers the money laundering and other illicit financial risks associated with cash-intensive businesses and entities, and the financial institution’s ability to implement effective due diligence, monitoring, and reporting systems. 
 
Course Objectives
At the end of the training, participants will know how best to exercise reasonable judgment in designing and implementing policies, procedures, and processes regarding cash-intensive businesses and entities. Participants will know how to obtain risk-based due diligence information on cash-intensive businesses and entities and establish policies, procedures, and processes that provide for appropriate scrutiny and monitoring.
 
Training Sessions
This training is delivered in one week with two different sessions
 
Day 1
Session 1
Course Outline
1. Introduction to cash intensive businesses
2. Money laundering in the High Value Dealers (HVD) sector
3. Money laundering in the art market
4. Risk mitigation
5. Case Studies with commentaries on red flag indicators and risk mitigants
6. Practical exercises
7. Best practices
8. Conclusion
 
Session 2
Practical Exercises and Presentation
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and other illicit financial activity risks associated with cash-intensive businesses and entities, and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.
 
Benefits
This Course will assist participants in identifying money laundering and other illicit financial activity risks associated with cash-intensive businesses and entities and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and other illicit financial risks associated with cash-intensive businesses and entities enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.

Upon successful completion of this Course, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee. With 180 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee. With 240 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CFC Certified in Financial Crimes and Fraud Prevention™ and you will receive the Certification after paying the Certification fee. With 300 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee.

With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.

Course registration
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6

COURSE TITLE 3: MANAGING THE money laundering and other illicit financial risks ASSOCIATED WITH TRANSACTIONS INVOLVING LEGAL ENTITIES AND ARRANGEMENTS
This training considers risks associated transactions involving companies, other legal entities, trusts and partnerships in facilitating money laundering and terrorist financing and other illicit financial activity risks. It also considers aspects of corporate behaviour that may be open to misuse. Corporate vehicles and legal structures are attractive to those seeking to launder money, conceal the origins of criminal funds and/or move criminal proceeds overseas because it is easier for larger sums of money to be moved between legal entities without attracting attention. Corporate structures can also obscure the ultimate beneficial ownership of companies and assets, including property, making it harder to ascertain whether such companies or assets are linked to criminality.
 
Course Objectives
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and terrorist financing and other illicit financial activity risks associated with transactions involving legal entities and arrangements, and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.   
 
Training Sessions
This training is delivered in one week with two different sessions
 
Day 1
Session 1
Course Outline Introduction To Legal entities and arrangementsCompany obligations and oversightTrust obligations and oversightThreat of misuse of legal entities and arrangementsRisks associated with different corporate forms and structuresRisk Assessment FactorsRisk mitigationTypologies and case studies with commentaries On Red Flag Indicators and Risk MitigantsPractical exercisesBest practicesConclusion  
Session 2
Practical Exercises and Presentation
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and terrorist financing and other illicit financial activity risks associated with transactions involving legal entities and arrangements, and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.
 
Benefits
This Course will assist participants in identifying money laundering and terrorist financing and other illicit financial activity risks associated with transactions involving legal entities and arrangements and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and terrorist financing and other illicit financial activity risks associated with transactions involving legal entities and arrangements enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.

Upon successful completion of this Course, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee. With 180 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee. With 240 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CFC Certified in Financial Crimes and Fraud Prevention™ and you will receive the Certification after paying the Certification fee. With 300 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee.

With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.

Course registration
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6

COURSE TITLE 4: Managing the MONEY LAUNDERING AND OTHER ILLICIT FINANCIAL risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").
This training considers the money laundering and other illicit financial activity risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants"), and the financial institution’s ability to implement effective due diligence, monitoring, and reporting systems.   
 
Course Objectives
At the end of the training, participants will know how best to exercise reasonable judgment in designing and implementing policies, procedures, and processes regarding relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants"). Participants will know how to obtain risk-based due diligence information on third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants") and establish policies, procedures, and processes that provide for appropriate scrutiny and monitoring.  
 
Training Sessions
This training is delivered in one week with two different sessions
 
Day 1
Session 1
Course Outline Introduction To Third Party Payment ProcessorsRisk FactorsRisk MitigantsTypologies And Case Studies with Commentaries on Red Flag Indicators And Risk MitigantsPractical exercisesBest practicesConclusion
Session 2
Practical Exercises and Presentation
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and other illicit financial activity risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants"), and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.   
 
Benefits
This Course will assist participants in identifying money laundering and other illicit financial activity risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants") and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and other illicit financial activity risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants") enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.   

Upon successful completion of this Course, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CMRA Certified Money Laundering Risk Analyst and you will receive the Certification after paying the Certification fee. With 120 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CDDP – Certified Due Diligence Professional™ and you will receive the Certification after paying the Certification fee. With 180 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CCO Certified Compliance Officer ™ and you will receive the Certification after paying the Certification fee. With 240 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CFC Certified in Financial Crimes and Fraud Prevention™ and you will receive the Certification after paying the Certification fee. With 300 CDP Points, you can apply directly through E-Four and AAF for the GAFM Certification entitled CAMC Certified Anti-Money Laundering Consultant ® and you will receive the Certification after paying the Certification fee.

With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.

Course registration
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6

COURSE TITLE 5: Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals
This training considers the risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals in facilitating money laundering and other illicit financial activity risks, and management’s ability to implement effective due diligence, monitoring, and reporting systems.
 
Course Objectives
At the end of the training, participants will know how best to exercise reasonable judgment in designing and implementing policies, procedures, and processes regarding NRAs and foreign individuals. Participants will know how to obtain risk-based due diligence information on nonresident aliens (NRA) and foreign individuals and establish policies, procedures, and processes that provide for appropriate scrutiny and monitoring.
 
Training Sessions
This training is delivered in one week with two different sessions
 
Day 1
Session 1
Course Outline Introduction To Non-Resident Aliens and Foreign IndividualsRisk FactorsRisk mitigantsTypologies and Case Studies With Commentaries On Red Flag Indicators And Risk MitigantsBest practicesConclusion  
Session 2
Practical Exercises and Presentation
You will examine and comment on case studies to enhance your ability to identify, analyse and evaluate the money laundering and other illicit financial activity risks associated with transactions involving accounts held by NRAs, and develop appropriate risk mitigation strategies. Individual and group exercises will be practiced.
 
Benefits
This Course will assist participants in identifying money laundering and other illicit financial activity risks associated with transactions involving accounts held by NRAs and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and other illicit financial activity risks associated with transactions involving accounts held by NRAs enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.  

Enroll now by sending an email to admin@e-four-aaf.com or ehi.esoimeme@e-four-aaf.com and ehiesoimeme@gmail.com 

E-Four and AAF is an Accredited Training Provider for the Global Academy of Finance and Management (GAFM) and the American Academy of Project Management (AAPM) certification programs. With this partnership, E-Four and AAF offers various GAFM® and AAPM ® certifications in conjunction with its existing/relevant training programmes and courses. GAFM® and AAPM ® courses are TUV Accredited, ISO 9001 Accredited, ISO 29990 Accredited, AABFS Accredited, CHEA Standards, EU Compliant Level VII, and ACBSP Articulation Awarded Credential. 

Please find below the GAFM certified training courses offered by E-Four and AAF:CDDP – Certified Due Diligence ProfessionalCAMA – Certified Anti-Money Laundering Auditor™
CCO Certified Compliance Officer ™CMRA Certified Money Laundering Risk Analyst ®ChFI Chartered Fraud Investigator ™CFC Certified in Financial Crimes and Fraud Prevention™CAMC Certified Anti-Money Laundering Consultant ®

Please find below the course brochures for CDDP, CAMA, CCO and CMRA. Other course brochures are available upon request:

​COURSE TITLE 1: CDDP – CERTIFIED DUE DILIGENCE PROFESSIONAL

Course Overview
Financial institutions are required to establish a due diligence program that includes appropriate, specific, risk-based, and, where necessary, enhanced policies, procedures, and controls that are reasonably designed to enable them to detect and report, on an ongoing basis, any known or suspected money laundering activity conducted through or involving any high-risk account established, maintained, administered, or managed by the financial institution. In order for this to be achieved, financial institutions must employ professionals that can perform customer due diligence, identify high-risk customers, perform commensurate due diligence of customers that were identified as high-risk, and monitor for suspicious activity.
This Course will provide participants with the relevant training needed for them to design and implement procedures for conducting commensurate due diligence on high-risk customers. Participants will learn about the procedures to validate customer risk profiles, explain significant changes in transaction behaviour, or place parameters on variances from expected transaction behaviour.
 
Course Objectives
At the end of the training, participants will know how best to apply commensurate due diligence practices and transaction monitoring methodologies to manage recognized risk. Participants will also know the key components of a modernized, integrated set of KYC-AML solutions, and the factors to consider in choosing the best anti-money laundering software solutions to help you better combat money laundering and terrorist financing. 

Benefits
• Successful completion of this course makes you a CDDP - Certified Due Diligence Professional
• You can use the designation CDDP on your business card and resume
• Up to 22 months membership to the GAFM ™ professional body
• Access to the GAFM ™ network and body of information online
• Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management)
• Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be available from next year and it will be released 2 times in a year. First part will be released, June 2022.
 
Training Sessions
This training is delivered in 4 days with 8 different sessions
MODULE 1: CUSTOMER DUE DILIGENCE: AN OVERVIEW
COURSE OUTLINE
Day 1
Session 1
1.1 Meaning and Differences between Know Your Customer, Know Your Customer’s Customer (KYCC), Know Your Business (KYB) and Customer Due Diligence (CDD);
1.2 What is ongoing monitoring?
1.3 Why is it necessary to apply CDD measures and conduct ongoing monitoring?
1.4 Timing of Verification;
1.5 Requirement to cease transactions, etc
1.6 Persons firms should not accept as customers
Session 2
2.1 Identification and verification of the customer;
2.2 Identification and verification of a beneficial owner;
2.3 Acquisition of one financial services firm, or a portfolio of customers, by another;
2.4 Nature and purpose of proposed business relationship
2.5 Keeping information up to date;
 
MODULE 2: EVIDENCE OF IDENTITY
COURSE OUTLINE
Day 2
Session 1
1.1 Documentary evidence;
1.2 Electronic evidence;
1.3 Nature of electronic checks;
1.4 Criteria for use of a provider of electronic verification of identity, digital identity or trust service.
Session 2
2.1 Due Diligence for Private Individuals
2.2 Due Diligence for Customers other than private individuals
2.3 Due Diligence for Corporate Customers
2.4 Due Diligence for Partnerships and unincorporated bodies
2.5 Due Diligence for Public sector bodies, governments, state-owned companies and supranationals (other than sovereign wealth funds)
2.6 Due Diligence for Charities, church bodies and places of worship
2.7 Due Diligence for Other trusts and foundations
2.8 Due Diligence for Clubs and societies
Session 3
3.1 Enhanced Due Diligence for Politically Exposed Persons
3.2 Enhanced Due Diligence for offshore corporations
3.3 Enhanced Due Diligence for money services businesses,
3.4 Enhanced Due Diligence for privately-owned automated teller machines,
3.5 Enhanced Due Diligence for cash-intensive businesses
3.6 Enhanced Due Diligence for professional services providers
3.7 Enhanced Due Diligence for Foreign Correspondent Accounts
Exercise
You will examine and comment on case studies to enhance your ability to perform customer due diligence, identify high-risk customers and perform commensurate due diligence of customers that were identified as high-risk. Individual and group exercises will be practiced.
 
MODULE 3:
Supplementing the transaction monitoring system with a manual-monitoring process
Session 1
1.1. Using the latest technological innovations to continuously monitor customer and counterparty risk for changes, such as updates in global sanctions, PEP status, corporate ownership, or enforcement lists, and adverse news;
1.2. Using a powerful fraud analytics engine with embedded Artificial Intelligence (AI) and machine learning techniques, combined with traditional detection methods to spot more suspicious activity with greater accuracy.
Session 2
2.1 Manually reviewing for Changes in customer’s industry
2.2 Manually reviewing for Changes in the customer’s occupation
2.3 Manually reviewing for Changes in customer’s legitimate business model
2.4 Manually reviewing for Changes in the customer’s geographic location
2.5 Manually reviewing for Changes in the anticipated account activity of the customer
2.6 Manually reviewing for Changes in the Source of Funds
2.7 Manually Reviewing for Changes in the products or services used by the customer
 
Review And Program Summary
 
Exercise
You will examine and comment on case studies to enhance your ability to monitor customer accounts for suspicious activity. Individual and group exercises will be practiced.

Day 4
Session 1
Practical Exercises and Presentation
 
Trainer
Dr. Ehi Eric Esoimeme Esq., Doctorate in Financial Crimes (H.C.), Practitioner's Doctorate by Research in International Public Law, LLB. BL., LLM., ICA., CAMC., CCO., CPRM., CRA., FGAFM., FCACC., FIMC., CMC. is the Managing Partner of E-Four and AAF (a global consultancy firm that also offers training and education to financial institutions and designated non-financial businesses and professions on anti-money laundering compliance). His area of specialism and expertise is in countering financial crime. This is categorized into regulatory law, substantive law, and professional compliance guidance in terms of strategic management of money laundering risks and vulnerabilities.

Dr. Ehi Eric Esoimeme’s skill and knowledge in the field of the financial crime space are drawn from his many years of experience as a researcher and consultant in anti-money laundering laws and policies, counter-fraud measures and anti-corruption strategies. So far, Dr. Ehi Eric Esoimeme has authored more than 50 publications, including ten books on financial crime compliance while his research on corruption and anti-corruption has been featured on Harvard Law School’s bibliography on corruption and anti-corruption. Dr. Ehi Eric Esoimeme’s second book titled “The Risk-Based Approach to Combating Money Laundering and Terrorist Financing” was rated as the 5th best money laundering book of all time by Financial Expert in its 2021 refresh of the rankings. On July 27, 2022, Dr. Ehi Eric Esoimeme’s Research Items on Financial Crime Compliance reached a new Milestone of 30,000 reads on ResearchGate.

Dr. Ehi Eric Esoimeme received a bachelor’s degree in law from the University of Lagos and holds a master’s degree in international banking law and anti-money laundering compliance from Cardiff University. On 11 May 2022, Dr. Ehi Eric Esoimeme received the Honorary Doctorate Degree in Financial Crimes jointly issued by American University of Business & Social Sciences and International Association for Quality Assurance in Higher Education (QAHE). On September 23, 2022, Dr. Ehi Eric Esoimeme received the Practitioner’s Doctorate by Research in International Public Law.

Dr. Ehi Eric Esoimeme is a fellow of the Institute of Management Consultants, a senior member of the Risk Management Association of Nigeria, a certified anti-money laundering consultant, a certified anti-corruption consultant, a certified risk analyst and project risk manager, a fellow of the GAFM, a member of the Nigerian Bar Association and a fellow of the International Institute of Certified Forensic Investigation Professionals Inc., USA.

Dr. Ehi currently serves on the Editorial Advisory Board/Editorial Board of the International Journal of Anti-Corruption, Universitas Lampung (Indonesia) and the Lagos Bar Journal, Nigerian Bar Association (Nigeria), and reviews manuscripts for several international journals. Dr. Ehi has served as the Deputy Editor in Chief of DSC Publications Ltd., a leader and pioneer in legal publishing in Nigeria. As Deputy Editor in Chief, Dr. Ehi successfully completed two major projects for the firm. The first was published in 13 volumes, while the second was published in seven volumes.

Dr. Ehi Eric Esoimeme has chaired and moderated several panel discussions on money laundering and combating financial crimes. He recently chaired and moderated the panel discussion on the topic “Mitigating the risk of money laundering and combating financial crimes using Technology” at the AML and Fraud Africa Virtual Conference. He also chaired and moderated the panel discussion “Understanding the Challenges and Opportunities in Ethics and Compliance” at the AML and Fraud Africa Virtual Conference.  

Dr. Ehi has also made several impactful presentations at International Conferences. On February 12, 2021, Dr. Ehi presented at the International Conference organised by the Center of Pakistan and International Relations (COPAIR) on the Conference theme “Challenges for Pakistan in combating Money Laundering & Financing of Terrorism”. His topic presentation focused on “Implementing the preventive measures of Recommendations 10 to 23 of the Financial Action Task Force using a hybrid of rules and predictive models: The Case of Pakistan”. On October 27, 2021, Dr. Ehi presented at the International Conference organised by the International Compliance Association and Navigate Compliance on the topic discussion “Free Trade Zones, Illicit Finance and Financial Crime Risk.”
 
Training Style
These courses have been specifically designed to include presentation, practical exercises and highly interactive group sessions. You will earn the certification on successful completion of the program and the associated assessment.
 
Who Should Attend?
This GAFM ® Certification course is for anyone responsible for gathering customer identification information, performing customer verification through the use of external databases, conducting commensurate due diligence on high-risk customers, reviewing accounts for suspicious transactions, reviewing and/or approving wire transfers, and maintaining records in accordance with AML requirements.
 
Course Fee
The normal price is 1200 dollars for each participant. But we do make an introductory offer of 1000 dollars when a new participant registers for the first time. But when a new participant registers for more than one of our courses, we make an offer of 900 dollars per course. There is also an additional fee for value added tax which is charged at a rate of 7.5%. This will bring the total to 975 dollars. 
 
Course Materials
You will receive the PowerPoint presentation slides and a number of Articles in your email for the training programme. 
 
Prerequisites
Candidates must have one of the following:
•  Three years of professional experience
• A government recognized degree: licenses, degree, MBA/Masters or Law Degree, PhD, CPA, recognized designations and specialization work
• A related degree and exams from a GAFM or AAFM-approved and accredited university program
• Completion of online Executive Certification Training Programs
 
Course registration
If interested, kindly register your interest using this link: https://forms.gle/hcYDQc9LuWdNaSad6   or send an email to ehieric@efour-aaf.com for bookings. You can also visit our website for more information: http://efour-aaf.com/index.html
 
Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the FBI and is punishable by up to five years in federal prison and a fine of $250,000.
 

COURSE TITLE 2: CAMA – CERTIFIED ANTI-MONEY LAUNDERING AUDITOR

Course Overview 
In order to guard against money laundering, the money laundering laws and its implementing regulations require each financial institution to implement an effective independent audit function, in terms of both scope and frequency, to manage the risk of money laundering and compliance with AML. Audits must be conducted commensurate with the AML risk profile of the Bank.
This Course will provide participants with the relevant training needed for them to examine and evaluate the adequacy and effectiveness of the policies, controls and procedures adopted by the firm to comply with the requirements of the ML Regulations; make recommendations in relation to those policies, controls and procedures; and monitor the firm’s compliance with those recommendations.
 
Course Objectives
At the end of the training, participants will know how best to examine and evaluate the adequacy and effectiveness of the policies, controls and procedures adopted by the firm to comply with the requirements of the ML Regulations; make recommendations in relation to those policies, controls and procedures; and monitor the firm’s compliance with those recommendations.

Benefits
• Successful completion of this course makes you a CAMA - Certified Anti-Money Laundering Auditor
• You can use the designation CAMA on your business card and resume
• Up to 22 months membership to the GAFM ™ professional body
• Access to the GAFM ™ network and body of information online
• Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management)
• Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be available from next year and it will be released 2 times in a year. First part will be released, June 2022.
 
Training Sessions
This training is delivered in 4 days with 7 different sessions
MODULE 1: The Offsite Portion of the Audit
COURSE OUTLINE
Day 1
Session 1
1.1 Reviewing the Bank’s AML risk assessment and risk matrix
1.2 Reviewing the Bank’s due diligence policies and procedures for assessing customer risk
1.3 Reviewing the Procedures for conducting commensurate due diligence on high-risk customers
1.4 Reviewing the Bank’s system for periodically updating customer information or amending expected activity profiles, as necessary
Session 2
2.1 Reviewing the Bank’s suspicious activity monitoring process
2.2 Reviewing the Bank’s automated account monitoring system
2.3 Reviewing the Bank’s monitoring system for Structuring activities
2.4 Reviewing the procedures in place to evaluate information concerning transactions and accounts subject to a subpoena
Exercise
You will examine and comment on case studies to enhance your ability to perform onsite audit.   
 
MODULE 2: The Onsite Portion of the Audit
COURSE OUTLINE
Day 2
Session 1
1.1 Independently validating the risk rating system’s programming, methodology, and effectiveness
1.2 Independently validating the Bank's customer due diligence program, or other aspects of its AML program.
1.3 Independently validating the monitoring system’s programming, methodology, and effectiveness
Session 2
2.1 Sampling high-risk customer profiles
2.2 Sampling suspicious activity alerts, discussing (at a high level) the investigation process with staff, and reviewing the decision-making process regarding SAR filings.
2.3 Determining whether reports, such as SARs and CTRs, are complete and accurate.
2.4 Comparing filed CTRs against reportable transactions that can be identified on the institution’s large cash transaction report.
2.5 Confirming the institution has collected and verified Customer Identification Program (CIP) and collected customer due diligence (CDD) data on a sample of new accounts.
2.6 Determining whether the institution has collected beneficial ownership information on a sample of legal entity customers by comparing internal reports with customer files.
Exercise
You will examine and comment on case studies to enhance your ability to perform offsite audit.
 
MODULE 3:
Developing Conclusions and Finalizing The Audit
Day 3
Session 1
1.1 Review of items analyzed
1.2 Comprehensive report
1.3 Comprehensive work papers
Session 2
2.1 Revising the Bank’s AML risk assessment process
2.2 Revising the Bank’s suspicious activity monitoring process
2.3 Revising the Bank’s monitoring system for Structuring activities
2.4 Revising the Bank’s due diligence policies and procedures for assessing customer risk
2.5 Revising the Procedures for conducting commensurate due diligence on high-risk customers
Revising the procedures in place to evaluate information concerning transactions and accounts subject to a subpoena
Exercise
You will examine and comment on case studies to enhance your ability to make recommendations in relation to deficient policies, controls and procedures; and monitor the firm’s compliance with those recommendations.

Day 4
Session 1
Practical Exercises and Presentation
 
Trainer
Dr. Ehi Eric Esoimeme Esq., Doctorate in Financial Crimes (H.C.), Practitioner's Doctorate by Research in International Public Law, LLB. BL., LLM., ICA., CAMC., CCO., CPRM., CRA., FGAFM., FCACC., FIMC., CMC. is the Managing Partner of E-Four and AAF (a global consultancy firm that also offers training and education to financial institutions and designated non-financial businesses and professions on anti-money laundering compliance). His area of specialism and expertise is in countering financial crime. This is categorized into regulatory law, substantive law, and professional compliance guidance in terms of strategic management of money laundering risks and vulnerabilities.

Dr. Ehi Eric Esoimeme’s skill and knowledge in the field of the financial crime space are drawn from his many years of experience as a researcher and consultant in anti-money laundering laws and policies, counter-fraud measures and anti-corruption strategies. So far, Dr. Ehi Eric Esoimeme has authored more than 50 publications, including ten books on financial crime compliance while his research on corruption and anti-corruption has been featured on Harvard Law School’s bibliography on corruption and anti-corruption. Dr. Ehi Eric Esoimeme’s second book titled “The Risk-Based Approach to Combating Money Laundering and Terrorist Financing” was rated as the 5th best money laundering book of all time by Financial Expert in its 2021 refresh of the rankings. On July 27, 2022, Dr. Ehi Eric Esoimeme’s Research Items on Financial Crime Compliance reached a new Milestone of 30,000 reads on ResearchGate.

Dr. Ehi Eric Esoimeme received a bachelor’s degree in law from the University of Lagos and holds a master’s degree in international banking law and anti-money laundering compliance from Cardiff University. On 11 May 2022, Dr. Ehi Eric Esoimeme received the Honorary Doctorate Degree in Financial Crimes jointly issued by American University of Business & Social Sciences and International Association for Quality Assurance in Higher Education (QAHE). On September 23, 2022, Dr. Ehi Eric Esoimeme received the Practitioner’s Doctorate by Research in International Public Law.

Dr. Ehi Eric Esoimeme is a fellow of the Institute of Management Consultants, a senior member of the Risk Management Association of Nigeria, a certified anti-money laundering consultant, a certified anti-corruption consultant, a certified risk analyst and project risk manager, a fellow of the GAFM, a member of the Nigerian Bar Association and a fellow of the International Institute of Certified Forensic Investigation Professionals Inc., USA.

Dr. Ehi currently serves on the Editorial Advisory Board/Editorial Board of the International Journal of Anti-Corruption, Universitas Lampung (Indonesia) and the Lagos Bar Journal, Nigerian Bar Association (Nigeria), and reviews manuscripts for several international journals. Dr. Ehi has served as the Deputy Editor in Chief of DSC Publications Ltd., a leader and pioneer in legal publishing in Nigeria. As Deputy Editor in Chief, Dr. Ehi successfully completed two major projects for the firm. The first was published in 13 volumes, while the second was published in seven volumes.

Dr. Ehi Eric Esoimeme has chaired and moderated several panel discussions on money laundering and combating financial crimes. He recently chaired and moderated the panel discussion on the topic “Mitigating the risk of money laundering and combating financial crimes using Technology” at the AML and Fraud Africa Virtual Conference. He also chaired and moderated the panel discussion “Understanding the Challenges and Opportunities in Ethics and Compliance” at the AML and Fraud Africa Virtual Conference.  Dr. Ehi has also made several impactful presentations at International Conferences. On February 12, 2021, Dr. Ehi presented at the International Conference organised by the Center of Pakistan and International Relations (COPAIR) on the Conference theme “Challenges for Pakistan in combating Money Laundering & Financing of Terrorism”. His topic presentation focused on “Implementing the preventive measures of Recommendations 10 to 23 of the Financial Action Task Force using a hybrid of rules and predictive models: The Case of Pakistan”. On October 27, 2021, Dr. Ehi presented at the International Conference organised by the International Compliance Association and Navigate Compliance on the topic discussion “Free Trade Zones, Illicit Finance and Financial Crime Risk.”
 
Training Style
These courses have been specifically designed to include presentation, practical exercises and highly interactive group sessions. You will earn the certification on successful completion of the program and the associated assessment.
 
Who Should Attend?
This GAFM ® Certification course is for anyone responsible for assessing the adequacy of the firm’s systems and controls to ensure that they manage the money laundering risk effectively.
 
Course Fee
The normal price is 1200 dollars for each participant. But we do make an introductory offer of 1000 dollars when a new participant registers for the first time. But when a new participant registers for more than one of our courses, we make an offer of 900 dollars per course. There is also an additional fee for value added tax which is charged at a rate of 7.5%. This will bring the total to 975 dollars. 
 
Course Materials 
You will receive the PowerPoint presentation slides and a number of Articles in your email for the training programme. 
 
Prerequisites
Candidates must have one of the following:
•  Three years of professional experience
• A government recognized degree: licenses, degree, MBA/Masters or Law Degree, PhD, CPA, recognized designations and specialization work
• A related degree and exams from a GAFM or AAFM-approved and accredited university program
• Completion of online Executive Certification Training Programs
 
Course registration
If interested, kindly register your interest using this link: https://forms.gle/hcYDQc9LuWdNaSad6   or send an email to ehieric@efour-aaf.com for bookings. You can also visit our website for more information: http://efour-aaf.com/index.html
 
Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the FBI and is punishable by up to five years in federal prison and a fine of $250,000.

​COURSE TITLE 3: CCO Certified Compliance Officer ™ or also known as the CCA ™ Chartered Compliance Analyst  ™  - GAFM ® Professional  Certification Program 

Course Overview
The money laundering laws and regulations require that all financial institutions establish an anti-money laundering (AML) program that “includes, at a minimum, the designation of a compliance officer. The Compliance Officer is the architect of the firm’s AML program, and is also responsible for assuring the Company’s day-to-day compliance with it and for approving AML-related policy changes as appropriate. In addition, the Compliance Officer is responsible for ensuring that the firm’s AML program complies with the requirements of the money laundering laws and its implementing regulations. This Course will therefore provide Compliance Officers with the relevant training needed for them to implement and maintain an effective AML program and comply with their suspicious activity reporting (SAR) obligations.
 
Course Objective
The goal of this course is to provide Compliance Officers and Managers with the relevant training needed for them to implement and maintain an effective AML program and comply with their SAR reporting obligations.
 
Benefits of Successful Completion Of This Course:
• Successful completion of this course makes you a CCO - Certified Compliance Officer
• You can use the designation CCO on your business card and resume
• Up to 22 months membership to the GAFM ™ professional body
• Access to the GAFM ™ network and body of information online
• Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management)
• Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be available from next year and it will be released 2 times in a year. First part will be released, June 2022.
 
Why This Particular Executive Program?
Creating a culture of compliance is an important risk management strategy. Recent corporate collapses have heavily focused on the need for good corporate governance and an effective compliance program is an integral part of this structure. In addition to this, on satisfactory completion of the program you will receive certification from the internationally recognized financial association, the American Academy of Financial Management.

Enroll now by sending an email to ehi.esoimeme@e-four-aaf.com and ehiesoimeme@gmail.com

INDEPENDENT TESTING FOR FINANCIAL INSTITUTIONS AND DESIGNATED NON-FINANCIAL INSTITUTIONS

​Financial institutions and designated non-financial institutions will need to have a means of independently validating the development and operation of the risk assessment and management processes and related internal controls, and obtaining appropriate comfort that the adopted risk-based methodology reflects the risk profile of the institution. This independent testing and reporting can be conducted by highly skilled professionals from E-Four and AAF who will evaluate the adequacy of the financial institution’s overall AML/CFT programme; and the quality of risk management for the financial institution’s operations, departments and subsidiaries; include comprehensive procedures and testing; and cover all activities.
Risk-based Audit Programmes will vary depending on the institution’s size, complexity, scope of activities, risk profile, quality of control functions, geographic diversity and use of technology. An effective risk-based auditing Programme will cover all of the institution’s activities. The frequency and depth of each audit activity will vary according to the activity’s risk assessment.
Independent testing by E-Four and AAF will (at a minimum) include:
The evaluation of the overall adequacy and effectiveness of the AML/CFT Compliance Programme, including policies, procedures and processes. This evaluation will contain an explicit statement about the AML/CFT compliance programme’s overall adequacy and effectiveness and compliance with applicable regulatory requirements. At the very least, the audit should contain sufficient information for the reviewer (e.g. an Examiner, review auditor or Financial Intelligence Unit officer) to reach a conclusion about the overall quality of the AML/CFT Compliance Programme; 
A review of the financial institution’s risk assessment for reasonableness given the institution’s risk profile (products, services, customers, entities and geographic locations); 
Appropriate risk-based transaction testing to verify the financial institution’s adherence to the Financial Action Task Force record keeping and rendition of returns requirements on Politically Exposed Persons (PEPs), STRs and CTRs information sharing requests; 
An evaluation of management’s efforts to resolve violations and deficiencies noted in previous audits and regulatory examinations, including progress in addressing outstanding supervisory actions (if applicable); 
A review of staff training for adequacy, accuracy and completeness; 
A review of the effectiveness of the suspicious transaction monitoring systems (are they manual, automated or a combination?) used for AML/CFT compliance. Related reports may include, but are not limited to: 
Suspicious transaction monitoring reports; 
Large currency aggregation reports; 
Monetary instrument records; 
Funds transfer records; 
Non-sufficient funds (NSF) reports; 
Large balance fluctuation reports; 
Account relationship reports; 
An assessment of the overall process for identifying and reporting suspicious transaction, including a review of filed or prepared STRs to determine their accuracy, timeliness, completeness and effectiveness of the institution’s policy; and 
An assessment of the integrity and accuracy of MIS used in the AML/CFT Compliance Programme. MIS includes reports used to identify and extract data on the large currency transactions, aggregate daily currency transactions, funds-transfer transactions, monetary instrument sales transactions and analytical and trend reports.

Our practice areas encompass the full range of corporate and commercial legal services, including Banking; Capital Markets; Competition & Anti-Trust; Corporate Services; Corporate Governance and Compliance; Employment, Immigration and Incentives; Energy and Natural Resources; Financial Institutions Advisory; Infrastructure Finance and PPP; Intellectual Property; International Trade; Litigation, Dispute Resolution & Risk Management; Mergers & Acquisitions; Private Equity; Privatisation & Public Procurement; Real Estate; Tax; Telecommunication; Media, Entertainment & Technology; Venture Technology & Emerging Growth Companies; and White Collar & Investigation.

FinCrime Summit in partnership with 
Institut Universitare Du Benin (IUB) University, Rudolph Kwanue University, African Union University and E-Four and AAF 

Summit Theme: The need for effective leadership in combating financial crimes 

Event Date: 30 September 2023

Start time: 10:00AM West Africa Time

End time:   3:30PM   West Africa Time
 
Event Registration: Register by following this link:   https://forms.gle/19xE8yyBZDVL2fcK8   
Registered participants who attend the Summit online will receive a digital Certificate of Participation with 10 approved CDP Points from E-Four and AAF and the Global Academy of Finance and Management while Registered participants who attend the event physically will receive an equivalent digital Certificate of Completion from the INSTITUT UNIVERSITARE DU BENIN (IUB) UNIVERSITY in addition to the Certificate issued by E-Four and AAF.

Attendance: Click the link below to join  the Event Live Virtually on ZOOM APP 
Zoom link: https://us06web.zoom.us/j/5439136388?pwd=ZU1Za01iNlFucURVSFdmd0ZZalRGdz09

OR

Enter the following login Details 
into the ZOOM APP

Meeting ID: 543 913 6388
Passcode: 041222

Schedule of Event, Speakers and Topics

11:00am  - 11:10am - Opening Remarks by Prof. Sanny Shittu F. M.

11:10am - 12:00pm - Topic Presentation by Prof. Ehi Eric Esoimeme on "Mitigating the risk of money laundering through effective internal controls and artificial intelligence enabled systems."

12:00pm to 12:10pm - Questions and Answers 

12:10pm - 1:00pm - Topic presentation by Rezaul Karim on "The need for effective leadership in promoting anti-money laundering measures in Financial Institutions"

1:00pm to 1:10pm - Questions and Answers 

1:10pm to 1:30pm - Topic Presentation by Ehi Eric Esoimeme on "Identifying and reducing the Cross-Border financial crime risks in the African Continental Free Trade Area 
  
1:30pm to 2:20pm Topic Presentation by Prof. Paul Allieu Kamara on "The need for effective leadership in promoting Anti-Financial Crime Measures in the African Continental Free Trade Area 

2:20pm to 2:30pm - Questions and Answers 

2:30pm - 2:40pm - Closing remarks

E-Four and AAF in partnership with the Ehi Choya Moria Foundation, DSC Publications and AUU International welcomes scholars or groups of scholars who wish to collaborate on a specific project. While Visiting Scholars typically work on projects related to the institution's current programmes, a number of scholars whose research falls outside the institution's active programs also participate. These research projects, and other work conducted by the Visiting Scholars, constitute an important part of the firm's ongoing effort to analyze issues relating to the challenges to data mining, data protection, data security and data privacy, legal and ethical aspects of robotic technologies and Artificial Intelligence which are unique to advanced economies and emerging markets, and proffer solutions and recommendations which can effectively address these challenges. Research themes include:
- Artificial Intelligence and data privacy: challenges in finding the right balance
- AI and data mining problems
- Difficulty in quantifying and mitigating privacy risks of AI with personal data
- Difficulty in measuring and managing security risks of AI with personal data
- Corruption and its impact on the effectiveness of AI-enabled systems
- Challenges with accountability and trust in data privacy management of AI data
- Challenges in implementing anti-money laundering policies, procedures, and processes that are
adequate enough to support AI
- Insider fraud and its impact on the effectiveness of AI-enabled systems
- Culture of anti-money laundering compliance and its impact on the effectiveness of AI-enabled
systems
- The challenges in mapping out legal requirements to AI/IT controls
- The challenges in complying with data protection laws for AI
- The challenges of reforming intellectual property protection for AI-enabled software
- The challenges of reforming data protection for AI-enabled software
- The limitations of legal institutions for addressing cybercrime risks
- Economic implications of AI
- The challenges in tailoring legal protection for AI-enabled software
- Access barriers to big data
- Difficulty in designing a framework for robotics and AI regulation
- Legal, ethical, and societal implications of robotics and AI research and applications
- Barriers to conducting crime and criminal investigation in the clouds using AI
- Challenges in regulating robot and AI behavior by design
- Challenges in regulating new technologies powered by AI in times of change
- Constitutional rights and new technologies powered by AI
- Barriers to technology and AI regulations
- Insider attacks in cloud computing
- Difficulty in framing adequate guidelines for addressing legal and ethical issues of robotics and AI
- Difficulty in designing and implementing privacy regulations in the metaverse for data used to train
the AI Algorithm
- Ethical assessments of emerging technologies and AI
- Barriers to implementing guidelines on regulating robotics and AI
- Ethical, legal, and social issues of robotic technologies and AI

We are currently working on a major research topic entitled "Implementing Anti-Financial Crime Risk Control Measures Using Artificial Intelligence: Challenges for Advanced Economies and Emerging Markets." You can read more about the collection here. https://www.frontiersin.org/research-topics/62005/implementing-anti-financial-crime-risk-control-measures-using-artificial-intelligence-challenges-for-advanced-economies-and-emerging-markets

If you are interested in applying to be an E-Four and AAF Visiting Scholar, you can apply with your Curriculum Vitae by sending an email to the Managing Partner, Professor Ehi Eric Esoimeme Esq. at ehiesoimeme@gmail.com