Program Description
Financial crime is harmful to a country's economy and social well-being. It erodes public trust in financial institutions, hinders economic growth, and can lead to financial loss.
This virtual, five-half day, cross-sectoral program is designed to enhance financial supervisors’ understanding of financial crime risk and international good practices to combat them. It goes beyond theoretical concepts and provides practical approaches to combatting financial crime, adoption of risk-based supervision, and effective supervisory intervention.
At the end of the program, participants will be able to examine the components of financial crime that have supervisory impact on different risk areas and how supervisors can effectively combat financial crime.
For further information, please email Evelyn Careta, Program Coordination Lead at [email protected]
METHODOLOGY
This course will be taught by Toronto Centre program leaders who have a wealth of highly relevant experience to share with participants in order to help them carry out their work in line with international best practices and to address challenges that they may encounter in their supervisory and regulatory work.
The Toronto Centre uses a highly interactive teaching approach using case studies, lectures, and exercises and participants must work in table groups on group activities on issues raised in the case studies and lectures.
More details on the presenters will be provided at a later date. Please access more information about the CFS designation here.
QUIZZES AND EXAMS
Quizzes and an examination will be administered during the program. Daily multiple-choice quizzes test theoretical knowledge, while a final exam tests practical applications of the program content. Participants must pass the quiz and final exam in order to proceed in obtaining the CFS.
PROGRAM FEE
Participants from ODA* Countries
Regular fee: US$1,300
Early bird fee: US$925 (available until June 20, 2025)
Participants from Non-ODA Countries
Program fee: US$1,600
No early bird discount is available
*Please refer to the Official Development Assistance (ODA) recipients list here.
REQUIRED PRE-READING
Pre-reading will be required. Materials will be sent out to registered participants about two weeks before the program starts.
REGISTRATION
Registration for this program is now open.
ICEBREAKER SESSION
Participants will be required to join an introductory icebreaker session on Thursday, August 14, 2025.
Who Should Attend
The program is designed for mid- to senior-level staff and managers involved in regulatory, supervisory or enforcement functions that regulate and supervise the financial services industry.
This is a Level 2 elective for participants currently pursuing our Certified Financial Supervisor (CFS) designation. If you are interested in enrolling in the CFS designation, please fill out this application.
This program is also open to participants who are not pursuing the CFS designation.
Participants should have at least three years of working experience in financial sector supervision, analysis, policy or enforcement, and be proficient in English.
- Measures to combat money laundering and terrorist financing
- Assessing financial crime risks in risk-based supervision of financial institutions
- Correlating the Financial Action Task Force's (FATF) standards to supervision of financial institutions in AML/TF/PF and sanctions
- Technological developments, including Artificial Intelligence, that perpetuate fraud
- Inter-agency and cross-border collaboration for effective enforcement
