As you are aware, all Credit Unions must comply with the mandatory regulatory requirements for Anti-Money Laundering and the Combating of Terrorist financing (AML/CFT) as determined in Trinidad & Tobago. Accordingly, Regulators are requiring that Credit Unions have in place the necessary policies and procedures as well as adherence to the compliance function.

To assist Credit Unions in their compliance efforts, the Central Finance Facility has brought together leading resources for AML/CFT training and technical assistance, through which Credit Unions will be able to learn how to develop compliance framework, policies and procedures and most importantly adhere and comply with the Laws.

Target Audience:  Compliance Officers/Managers, Risk Managers/Officers, Loans Officers, Cashiers, Audit/Supervisory Committee Members.

Description: This course will give participants an appreciation of their role in helping their credit unions to appreciate and effectively manage compliance risks.

Objectives: Participants will be able to identify:

  • Role of the FIU and FIB
  • Role of fighting and prosecuting money laundering
  • Types of Money laundering
  • Legislations that cover/apply to money laundering
  • Role the Credit Unions play in ensuring an effective national AML programme
  • Measures the Credit Union can use to prevent money laundering


     The legal framework for compliance

     Update on new regulatory requirements

     Compliance best practices

     The compliance framework: policies and procedures, controls, reporting

     The Rise of Individual Accountability

     Money Laundering Trends & Typologies

     What’s Expected from Credit UNIONS for 2019 & beyond

Our training sessions are designed to ensure that participants have adequate time to practice the skills they are learning, ask questions and internalize challenging concepts.

This necessitates that these Workshops be limited to class sizes of 30 or fewer, so that individual attention to participants and the amount of interaction with our facilitators may be maximized.

Participants will have the opportunity to learn through inspiring and insightful lectures, engage facilitators and co-participants in critical dialogue, and practice new skills through ‘hands-on’ experience in role-playing exercises.

Invited facilitators are not only excellent trainers but are also experienced managers and leaders. They include: Keshma Maharaj – AML Consultant and Representatives FIU and FIB.

If you require further information, please do not hesitate to contact Beverly Nunes at

The deadline for registration for this event is 2nd September 2019 and we therefore invite you to commence the registration process at the earliest possible time.

We look forward to your continued support as we seek to build and continuously strengthen our supporting organizations.