Anti-Money Laundering (AML) Governance - Auditing & Compliance


Offered through the Canadian Institute for Financial Crime Analysis, this Anti-Money Laundering (AML) Governance – Auditing & Compliance course shares knowledge on key stakeholders and internal control components of a robust AML compliance program. You will gain insights into the phases, procedures and assessment of an AML program, and understand key design features of a successful, effective AML compliance program



  • expand and polish your AML compliance skill set
  • learn from experts and network with industry professionals
  • learn the latest industry standards and focuses


Methods of Teaching, Learning and Assessment

  • four face-to-face evening sessions scheduled for February 2021, online only
  • structured and independent studies in addition to attending classes are required
  • assessments may include quizzes, course work/assignments



$518 plus applicable taxes


Program Topics

  • elements of an AML compliance program
  • functions and responsibilities of individuals with an AML compliance program
  • standards and elements in auditing an AML control environment and control activities
  • effective AML policies and procedures
  • non-compliance risks
  • risk mitigation process



To register, please contact Lori Pinder.

Lori Pinder 416.491.5050 ext. 22015

About the Instructor 

Andres Betancourt, CFCS, CAMS, CBE

Andres Betancourt has more than 10 years of experience in compliance and anti-money laundering (AML) within the financial services industry including the Bank of Nova Scotia, Bank of Montreal, Royal Bank of Canada and Grant Thornton LLP. As a Certified Anti-Money Laundering Specialist and Certified Financial Crime Specialist, Andres works in the Global AML Audit Centre of Excellence for Scotiabank, which assess the design and operational effectiveness of internal controls. This also includes adherence to bank policies and regulatory requirements, particularly those related to AML, anti-terrorist financing (ATF) and sanctions risk management.

Throughout his career, Andres worked with different financial institutions and advisory firms on regulatory compliance effectiveness reviews of reporting entities with operation hubs in multiple jurisdictions including Canada, the United Kingdom, U.S. and Australia. He also worked on AML and fraud investigations, FINTRAC reporting, regulatory AML remediations, quality assurance program design and testing, compliance training and strategy, Centre of Excellence processes and AML internal control audits. Recently, Andres led and participated in centralized audits for governance, regulatory reporting (LCTR/EFTR), sanctions screening for 2nd Line functions, Trade Finance Canada & Mexico, Global AML Transformation initiative and international banking regulatory audit reports (Colombia, Chile, Peru, Mexico, Caribbean and Central America).