Program Structure
The ACT program is a specialized training in regulatory compliance, risk management, and audit readiness designed for banks, fintechs, and Designated Non-Financial Businesses and Professions (DNFBPs). Through 12 strategic modules, you will gain the key knowledge and tools needed to comply with international regulations, pass regulatory audits, prevent risks, and operate with confidence in an ever-evolving financial landscape.
- 12 Dynamic Modules | 48 Hours
- 4 Hours per module
OBJECTIVE: Ensure compliance with your country’s regulatory standards, including those set by authorities such as the SEC, FinCEN, CFPB, OCC, and FDIC in the United States, as well as international counterparts like the FCA (UK), ESMA (EU) and FINTRAC (Canada).
Module 1 l Anti-Money Laundering (AML) and Bank Secrecy Act (BSA)
- Overview of AML regulations and the Bank Secrecy Act.
- Identifying suspicious activity and reporting procedures (SARs).
- Customer due diligence (CDD) and enhanced due diligence (EDD).
- Activities: Case studies and SAR filing simulations.
Module 2 I Know Your Customer (KYC) and Customer Identification Program (CIP)
- Importance of KYC/CIP in preventing fraud.
- Steps to verify customer identity and risk assessment.
- Red flags in customer onboarding and ongoing monitoring.
- Activities: KYC/CIP documentation reviews and risk scoring.
Module 3 I Regulatory Compliance - Regulation E
- Overview of Regulation E and its requirements for electronic fund transfers.
- Customer rights and bank responsibilities under Reg E.
- Handling unauthorized transactions and disputes.
- Activities: Role-play scenarios for dispute resolution.
Module 4 I Office of Foreign Assets Control (OFAC) Compliance
- Overview of OFAC regulations and sanctions programs.
- Screening processes for transactions and customers.
- Consequences of non-compliance and best practices.
- Activities: Case study of recent OFAC enforcement actions.
Module 5 I Audits and Internal Controls
- The role of audits in ensuring compliance and operational efficiency.
- Preparing for internal and external audits.
- Common audit findings and how to address them.
- Activities: Mock audit exercise with sample findings.
Module 6 I Digital Investigations and Cybersecurity
- Investigating digital fraud and cybersecurity breaches.
- Tools and techniques for tracing digital transactions.
- Mitigating cybersecurity risks in banking.
- Activities: Simulated phishing and fraud investigation exercise.
Module 7 I Currency Transaction Reports (CTRs) and Reporting Requirements
- CTR thresholds and reporting guidelines under the BSA.
- Structuring and its impact on CTR filings.
- Filing accurate and timely CTRs.
- Activities: Practice CTR completion with sample scenarios.
Module 8 I Remittances and Cross-Border Transactions
- Compliance with remittance regulations and transparency requirements.
- Risks and controls in cross-border transactions.
- Recordkeeping and error resolution for remittances.
- Activities: Review and assess sample remittance transactions.
Module 9 I Consumer Protection - UDAAP (Unfair, Deceptive, or Abusive Acts or Practices)
- Understanding UDAAP and its implications in banking.
- Identifying and preventing unfair or deceptive practices.
- Key elements of UDAAP compliance programs.
- Activities: Analysis of real-life UDAAP enforcement cases.
Module 10 I Suspicious Activity Reporting (SARs) and Financial Crimes
- Identifying financial crimes such as fraud, money laundering, and elder abuse.
- Steps to complete and file SARs.
- SAR confidentiality and follow-up procedures.
- Activities: SAR filing exercises based on sample case scenarios.
Module 11 I Regulatory Overview – Updates and Emerging Trends
- Key updates in banking regulations (e.g., FinCEN, CFPB, etc.).
- Emerging risks in fintech, crypto, and other evolving areas.
- Preparing for regulatory changes.
- Activities: Team discussions on the impact of new regulations.
Module 12 I Comprehensive Review and Case Studies
- Review of key topics covered throughout the year.
- Multifunctional case studies that integrate multiple compliance areas.
- Addressing gaps and setting goals for the upcoming year.
Why Choose the ACT Program?
The ACT Program is not a static certification program. Each year, updated and new modules are added to ensure that participants stay current with the latest regulations, trends, and best practices in compliance and risk management.
Built for institutions that want to..
✔ Regulatory Risk Mitigation: Comply with international standards and prepare for audits, reducing exposure to penalties.
✔ Process Standardization: Implement best practices in compliance and risk management.
✔ Strategic Training: Keep your team up to date with experts in financial regulation and blockchain.
✔ Institutional Recognition: Enhance your company’s credibility with regulators and clients.
✔ Exclusive Benefits for Corporate Accounts:
🔹 Discounts for groups of 5 or more participants.
🔹 Monthly reports on participant progress and performance.
🔹 Discounts on exclusive live training sessions tailored to the organization’s needs.
Built for professionals that want to..
Certification in Constant Evolution: Access a program that is updated annually with new modules aligned with regulatory changes
Career Opportunities: Enhance your profile and gain access to key positions in banks, fintechs, and regulated companies.
Competitive Advantage: Learn with up-to-date content that allows you to stay ahead of challenges in the financial sector.
Digital Recognition and Traceability:
✔ Verified Credential with Blerify: All professionals who complete the program modules will receive a digital credential on Blerify, where they can centralize their training history—boosting their professional profile and credibility in the industry.
✔ Recognition Badge for Institutions: Companies with teams trained in ACT will receive a quality seal, showcasing their commitment to regulatory compliance and continuous education to clients and regulators.
Who is this program for?
- Why? They are directly responsible for regulatory reporting, anti-money laundering (AML), know your customer (KYC), and transaction monitoring.
- Risk if untrained? Major legal liability, fines, and reputational damage.
Why? Need to assess, quantify, and mitigate risks associated with crypto, custody, cross-border transfers, and new fintech products.
Certification helps with: Frameworks for compliance risk in decentralized systems.
Why? They’re designing products that must comply with local and international regulations.
If not compliant? You ship non-compliant products — which can lead to fines or shutdowns.
Why? They’re the bridge between the institution and regulators.
Need certification to: Stay sharp on evolving crypto legislation, FATF guidelines, and licensing rules.
Why? They’re ultimately accountable for compliance and need to understand the strategic impact of regulatory shifts.
Especially important for: Startups scaling into multiple jurisdictions or raising capital.
Why? These teams negotiate with banks, investors, and partners who demand proof of compliance readiness.
Training builds: Credibility and trust in partnerships.