Prepare a Comprehensive Individual Risk Assessment IRA Report

Indonesia's membership in the FATF encourages Financial Service Providers (FSPs) to enhance their compliance, operational, and risk management standards, including the following:

• FSPs must be more proactive in implementing a Risk-Based Approach, including the use of systems to monitor individuals or entities listed on international sanctions lists;
• FSPs need to strengthen their Transaction Monitoring Systems to meet FATF standards, including the capability to detect patterns of money laundering and terrorism financing;
• Human resource capacity building, through regular training programs for employees to understand FATF standards and the implementation of AML-CFT & CFP programs, especially for compliance officers and internal auditors.

After completion of this program, participants will be better able to:

• Understanding Stages of Preparation IRA Report
• Identifying and Mitigation of AML CFT & CFP Risk