Establishing the MLRO function and building an effective AML/CFT system in the AIFC

Module 1 – Buiding an Effective AML/CFT System

• International AML/CFT framework;
• FATF Recommendations;
• AFSA requirements;
• Corporate governance;
• Role and responsibilities of the MLRO;
• Three Lines of Defence model;
• Establishment of internal controls;
• Development of an AML Framework.

Practical outcome:
Upon completion of the module, participants will be able to identify the role and position of the MLRO function within the corporate governance structure and develop the basic architecture of an effective AML/CFT system.

Module 2 – Managing Organisational and Customer Risks

• Risk-based approach;
• Business Risk Assessment;
• Customer Risk Assessment;
• CDD;
• EDD;
• PEP;
• UBO;
• Source of Funds;
• Source of Wealth;
• Documentation of professional judgement.

Practical outcome:
Upon completion of the module, participants will be able to apply a risk-based approach to customer assessments and make well-informed decisions based on the results of due diligence procedures.

Module 3 – Practical MLRO Operations

• Transaction monitoring;
• Identification of suspicious activities;
• Internal investigations;
• Sanctions screening and control;
• Digital assets;
• Travel Rule requirements;
• Blockchain Analytics;
• Preparation of internal reports and communication with relevant business and compliance units.

Practical outcome:
Upon completion of the module, participants will gain practical skills in analysing complex AML/CFT scenarios and organising effective internal control processes.

Module 4 – Emerging Challenges for the MLRO Function

• Regulatory inspections and supervisory reviews;
• Preparation for regulatory examinations;
• Remediation and corrective actions;
• Application of Artificial Intelligence (AI);
• Digital identification;
• RegTech and SupTech solutions;
• Future development and evolution of the MLRO profession.

Practical outcome:
Upon completion of the module, participants will be able to prepare their organisations for regulatory reviews and identify areas for further improvement and enhancement of the AML/CFT framework.

• Online training sessions
• Questions and answers​
• Presentations and recommendations from the trainer​
• Electronic training certificate

Nurlan Adaliev

Expert with internationally recognized experience in AML/CFT, blockchain analytics, and digital asset regulation.

Currently serves in the AML/CFT Department of the Astana International Financial Centre (AIFC), and previously led divisions within the Financial Monitoring Agency of the Republic of Kazakhstan.
Holds several prestigious professional qualifications, including:

• CCAFCS – Certified in Combating Financial Crime Involving Cryptoassets
• Crystal Intelligence EVM Investigation – Specialized in blockchain and DeFi investigations
• Member of the international pool of evaluators for EAG/FATF, contributing to mutual evaluations of AML/CFT systems