![Obligations for Real Estate](https://fintedu.com/pluginfile.php/2850/course/summary/fintedu_%20Obligations%20for%20Real%20Estate%20%281%29.jpg)
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OVERVIEW
Topic 1 - Global Perspective on AML/CFT : Understanding the global context of anti-money laundering (AML) and countering the financing of terrorism (CFT) efforts, including international standards set by organizations like the Financial Action Task Force (FATF).
Topic 2 - Legal and Regulatory Framework: Exploring the legal and regulatory framework governing AML/CFT in the UAE, including relevant laws, decrees, and regulations applicable to the real estate sector.
Topic 3 - Risk Assessment and Management: Conducting comprehensive risk assessments to identify, assess, and mitigate money laundering and terrorist financing risks within the real estate industry.
Topic 4 - Red Flags and Indicators: Learning to recognize suspicious activities and transactions indicative of potential money laundering, such as unusual payment methods, complex ownership structures, and high-volume transactions.
Topic 5 - Compliance Obligations and Best Practices: Understanding the specific compliance obligations imposed on designated non-financial businesses and professions (DNFBPs), including real estate brokers, and implementing best practices to ensure compliance with AML/CFT regulations.
Topic 6 - Role of Compliance Officers and Reporting Entities: Delving into the roles and responsibilities of compliance officers within reporting entities, including the importance of conducting due diligence, monitoring transactions, and reporting suspicious activities to regulatory authorities.
Topic 7 - Technological Solutions and Innovations: Exploring the role of technology and innovative solutions, such as transaction monitoring systems and blockchain technology, in enhancing AML/CFT compliance and detecting financial crimes within the real estate sector.
Topic 8 - Enforcement and Penalties: Understanding the enforcement mechanisms and potential penalties for non-compliance with AML/CFT regulations, including fines, license revocation, and legal sanctions.
Topic 9 - Training and Capacity Building: Developing training programs and capacity-building initiatives to enhance the awareness and understanding of AML/CFT regulations among real estate professionals and stakeholders.
Topic 10 - Case Studies and Practical Examples: Analyzing real-world case studies and practical examples of money laundering schemes within the real estate sector, and discussing effective strategies for detection, investigation, and reporting.
About the Trainer
![Taizoon](https://fintedu.com/pluginfile.php/2850/course/summary/Screenshot_2024-05-03_155425-removebg-preview.png)
Taizoon Merchant
Taizoon Merchant is a seasoned professional, boasting multifaceted expertise in Compliance and Business Advisory. Holding esteemed titles as a Chartered Accountant from India, as well as from England & Wales, alongside the coveted Certified Anti-Money Laundering Specialist designation, Taizoon's credentials underscore his unwavering dedication to excellence in the field. Furthermore, he has augmented his proficiencies with a certification in General Management from the renowned Indian Institute of Management, Ahmedabad.