FREQUENTLY ASKED QUESTIONS AND ANSWERS ABOUT E-FOUR AND AAF’S SHORT COURSES ON FINANCIAL CRIME COMPLIANCE
1. I would like to know the number of Short Courses on Financial Crime Compliance offered by E-Four and AAF and the full names of the Courses?
E-FOUR AND AAF offers 18 Short Courses on Financial Crime Compliance. Upon successful completion of any of this training programmes, the participants will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). Currently, we offer the following Training Courses:
2. What are the benefits of enrolling for one of the E-Four and AAF Short Courses on Financial Crime Compliance?
The E-Four and AAF Short Courses on Financial Crime Compliance will assist participants in identifying the money laundering and terrorist financing and other illicit financial activity risks associated with high risk customers, products and services and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and terrorist financing and other illicit financial activity risks associated with high risk customers, products and services enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.
Upon successful completion of an E-Four and AAF Course on Financial Crime Compliance, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points from E-Four and AAF, you can apply to be nominated for CFC, CDDP and/or CMRA Certifications. With 120 CDP Points, you will automatically qualify for the CCO Certified Compliance Officer Certification. With 180 CDP Points, you will automatically qualify for the CAMA – Certified Anti-Money Laundering Auditor™ Certification and with 240 CDP Points you automatically qualify for CAMC Certified Anti-Money Laundering Consultant ® and other relevant GAFM Certifications.
With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.
3A. What is the Course Fee for the Short Courses and are there any discounts available?
The original price for our Short Courses with approved CDP Points from GAFM is 400 dollars per course. But we do have an ongoing promo offer that is set to expire in 6 months. The promo offer allows participants to pay 100 dollars per course (VAT Exclusive). There is also a special discount of 20 percent where a participant registers for a Course and makes payment within 20 to 30 days of receipt of this email. In addition, there is a reasonable discount of 10 percent where a group of 10 to 19 people register together for a course. However, where 20 or more people register for a course, the discount will be 20 percent. Participants who reside in Nigeria can pay the Naira equivalent at the Parallel exchange rate. The duration for these courses is 1 day and it runs in 2 sessions with 4 hours assigned to the first session and 2 hours assigned to the second session. The first session is for the main training while the second session is for practical assessment/presentations.
3B. When exactly am I required to pay for a particular Course that I registered for?
Please note that that payment of Course Fees is to be made before the date of the Training. Participants who wish to take advantage of the 20 percent discount are to make payment within 20 to 30 days after registering their interest and receiving the confirmation email from the managing partner. However, in certain instances, we allow participants to make payment for a particular Course after the Training has been conducted on the condition that payment has to be made within 7 days after the Training Date. If payment is made later than that, then the 20 percent discount will become inapplicable. Certificate of Completion and the Video Recording will only be released after receipt of payment.
4. How many days will the training be delivered and in how many sessions?
This training is delivered in 1 day with 2 different sessions.
5. How do I know the actual dates for my Training?
The Training Dates for each Course is provided in the E-Four and AAF Training Calendar. You can view the E-Four and AAF Training Calendar here: https://efour-aaf.com/training-calendar.html
6. What happens where a particular date in the Training Calendar is not convenient for me?
The Training Courses are usually fixed on a Monday or Friday. However, we do make exceptions where we have three or four participants who wish to take a particular Course on a Saturday rather than a Friday. In this situation, we allow for the Friday Course to be taken on a Saturday.
7. May I please know the schedule time for the course?
The first session goes from 9am to 12pm West African Time. Then there is a 1 hour break. We will then resume from 1pm to 4pm West African Time.
8. What method or methodology will the Trainer adopt for the Training?
The E-Four and AAF Short Courses have been specifically designed to include case studies, presentations and practical exercises. You will earn the Certificate on successful completion of the program and the associated assessment.
9. Are there any material(s) available before the set date?
Yes, you will be provided with the PowerPoint Presentation Slides and a number of Article or Articles to assist you with the Training. This will be given to you a week before the Training. Kindly familiarize yourself with the materials before the Training.
10. Will the videos of the courses be made available to attendees?
The Training will be delivered online via a live session and it will be recorded. After the Training, we will provide you with the Video Recording and this will form part of the Training materials. The recorded video is just for your personal development and learning. The Video is not to be shared with anyone.
11. What will be required of me in terms of logistics for the course, since this will be my first online course?
Since the Training is done online, We will advise you to get a fast internet service for this. We will also advise you to upload the latest Zoom Application as we will be using Zoom for this training. The Zoom link will be sent to you a few days before the Training.
12. What is the certificate fee upon completion?
The Digital Certification Fee has been factored into the Course Fee. This is part of the benefits of the 6 months online promo. But there will be a separate fee if you need the Physical Copy to be Shipped to you. We will determine this once you furnish us with the address that you want the Certificate to be shipped to. We normally employ the services of DHL for effective tracking and good service delivery.
13. How long will it take to access the certificate?
You should be able to access the Digital Certificate between 7 to 14 days. If you paid for the Physical Version, it should take within a month.
14. Will there be issuance of receipt as proof of payment for the course and certificate fees?
Yes, a receipt will be issued to you once we confirm receipt of payment.
15. I would like to engage your past candidates/students to enable me validate the authenticity of your organization, since I intend empowering myself vias these courses.
One of the most impactful trainings we did was for Fidelity Bank Plc for all their Compliance Officers at their 2022 Compliance Retreat on the Topic: Ghost in the Machine: Learn about Trade-based Money Laundering Schemes. You can engage one or all of the participants on LinkedIn. In addition to paid training, we have delivered a number of free Summits online in partnership with other reputable firms. Two were organised last year. The first was with the EVENTS which you can view here. It had more than 200 participants: https://v3-events.com/aml-africa and the other was with THE MORGANS and you can view it here: Managing 3rd Party Ecosystem Risks & Data Sharing Amongst FLs to combat ML/TF
E-Four and AAF is globally accredited by the International Association for Quality Assurance in Pre-Tertiary and Higher Education (QAHE). You can view the full list of Accredited Institutions here: https://www.qahe.org/list-of-accredited-institutions/
E-Four and AAF is also recognised by the Global Academy of Finance and Management (GAFM) and the American Academy of Project Management (AAPM) as its Accredited Training Partner. You can view the full list of Accredited Training Companies here:Accredited Training Companies - Global Academy of Finance & Management
E-Four and AAF is also recognised by the Board of Quality Standards.
The benefits of the recognition and accreditation is that when you take a training course with E-Four and AAF, your CDP Points are recognised by GAFM because E-Four and AAF is its Accredited Training Partner and its Managing Partner, Dr. Ehi Esoimeme is an Accredited GAFM Trainer. Once you have the right number of CDP Points from our Training, you can get the equivalent Certification from GAFM after paying the GAFM Certification Fee. This fee is different from the actual course fee of E-Four and AAF. Ideally, people pay as high as 1900 dollars for a GAFM Training Course and Certification. But here, you only pay for the Certification and Shipping Cost because our training faculty is recognised. The GAFM Certificate comes directly from the GAFM's head office in USA. The Certification also gives you 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.
16. I would like to know the GAFM Certificate and shipping cost from here please.
E-Four and AAF can nominate in good faith and approve a delegate for GAFM certification; which may be processed for the certification after payment and registration as long as the candidate acquires the right number of CDP Points from the E-Four and AAF Short Courses. For clarity, the minimum number of CDP Points to get a GAFM Certification is 60 CDP Points that can qualify you for two or three GAFM Certifications. One E-Four and AAF Short Course of 6 hours gives you 20 CDP Points.
Please find below a list of the GAFM Certifications that a delegate may be nominated for:
With 60 CDP Points from E-Four and AAF, you can apply to be nominated for CFC, CDDP and/or CMRA Certifications. With 120 CDP Points, you will automatically qualify for the CCO Certified Compliance Officer Certification. With 180 CDP Points, you will automatically qualify for the CAMA – Certified Anti-Money Laundering Auditor™ Certification and with 240 CDP Points you automatically qualify for CAMC Certified Anti-Money Laundering Consultant ® and other relevant GAFM Certifications.
As for the fees, Candidates with the right number of CDP Points are required to pay $400 plus $100 US dollars(certification processing and handling fees)per certification. Each certification is good for 2 years, where each graduate will receive a membership document and the specific certification(s) that they have registered and paid for after E-Four and AAF's nomination and GAFM's approval and processing. GAFM can provide a discount for volume of 5 or more certifications shipped to one location.
Delegates may be awarded a relevant GAFM ® certification after completion of the required number of E-Four and AAF's Short Courses on Financial Crime Compliance as stated above.
Certifications are only issued and awarded by the GAFM USA offices, stamped, sealed and signed for authenticity.
17. I am interested in registering for one or more of the E-Four and AAF Short Courses. How do I register?
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6
Kindly let us know if you have any more questions as we will be happy to answer them.
E-FOUR AND AAF offers 18 Short Courses on Financial Crime Compliance. Upon successful completion of any of this training programmes, the participants will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). Currently, we offer the following Training Courses:
- Identifying and reducing the money laundering and other illicit financial risks associated politically exposed persons (PEPs).
- Recognizing and mitigating the money laundering and other illicit financial risks associated with cash-intensive businesses and entities.
- Managing the money laundering and other illicit financial risks associated with transactions involving legal entities and arrangements.
- Managing the potential money laundering and other illicit financial risks associated with relationships with third-party entities that process payments for telemarketers, online businesses, and other merchants (collectively "merchants").
- Managing the money laundering and other illicit financial risks associated with transactions involving accounts held by nonresident aliens (NRA) and foreign individuals.
- Recognizing and mitigating the money laundering and other illicit financial risks associated with Money services businesses (MSB).
- Managing the money laundering, terrorist financing and other illicit financial risks associated with the accounts of non-profit organisations (NPOs).
- Understanding and managing the money laundering and other illicit financial risks associated with Fintech Service Providers
- Managing the money laundering and other illicit financial risks of correspondent banking relationships.
- Managing the money laundering and other illicit financial risks associated with private banking relationships for both domestic and international customers.
- Managing the money laundering and other illicit financial risks associated with payable through accounts (PTA)
- Managing the money laundering and other illicit financial risks associated with trust and asset management services
- Identifying the elements of trade that facilitate Trade Based Money Laundering (TBML) and the mechanisms of trade finance used in TBML
- Recognizing and mitigating the money laundering and other illicit financial risks associated with professional service provider relationships
- Managing the money laundering and other illicit financial risks associated with prepaid access products
- Managing the money laundering and other illicit financial risks associated with electronic banking (e-banking) customers, including Remote Deposit Capture (RDC) activity
- Identifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money mules
- Mitigating the risk of money laundering and combating financial crimes using Artificial Intelligence
2. What are the benefits of enrolling for one of the E-Four and AAF Short Courses on Financial Crime Compliance?
The E-Four and AAF Short Courses on Financial Crime Compliance will assist participants in identifying the money laundering and terrorist financing and other illicit financial activity risks associated with high risk customers, products and services and in developing appropriate internal controls (i.e., policies, procedures, and processes) to mitigate the identified risks. Understanding the money laundering and terrorist financing and other illicit financial activity risks associated with high risk customers, products and services enables reporting entities to better apply appropriate risk management processes to the anti-money laundering (AML) compliance program to mitigate and manage risk and comply with AML regulatory requirements.
Upon successful completion of an E-Four and AAF Course on Financial Crime Compliance, you will receive a Certificate of Completion of the Training with assigned CDP Points from E-Four and AAF and the Global Academy of Finance and Management (GAFM). 6 hours Courses come with 20 CDP Points while 3 hours Courses come with 10 CDP Points. So if you enrol for three Courses, you will be entitled to 60 CDP Points. With 60 CDP Points from E-Four and AAF, you can apply to be nominated for CFC, CDDP and/or CMRA Certifications. With 120 CDP Points, you will automatically qualify for the CCO Certified Compliance Officer Certification. With 180 CDP Points, you will automatically qualify for the CAMA – Certified Anti-Money Laundering Auditor™ Certification and with 240 CDP Points you automatically qualify for CAMC Certified Anti-Money Laundering Consultant ® and other relevant GAFM Certifications.
With a GAFM Certified Course, you can use the designation on your business card and resume and you will be granted access to 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.
3A. What is the Course Fee for the Short Courses and are there any discounts available?
The original price for our Short Courses with approved CDP Points from GAFM is 400 dollars per course. But we do have an ongoing promo offer that is set to expire in 6 months. The promo offer allows participants to pay 100 dollars per course (VAT Exclusive). There is also a special discount of 20 percent where a participant registers for a Course and makes payment within 20 to 30 days of receipt of this email. In addition, there is a reasonable discount of 10 percent where a group of 10 to 19 people register together for a course. However, where 20 or more people register for a course, the discount will be 20 percent. Participants who reside in Nigeria can pay the Naira equivalent at the Parallel exchange rate. The duration for these courses is 1 day and it runs in 2 sessions with 4 hours assigned to the first session and 2 hours assigned to the second session. The first session is for the main training while the second session is for practical assessment/presentations.
3B. When exactly am I required to pay for a particular Course that I registered for?
Please note that that payment of Course Fees is to be made before the date of the Training. Participants who wish to take advantage of the 20 percent discount are to make payment within 20 to 30 days after registering their interest and receiving the confirmation email from the managing partner. However, in certain instances, we allow participants to make payment for a particular Course after the Training has been conducted on the condition that payment has to be made within 7 days after the Training Date. If payment is made later than that, then the 20 percent discount will become inapplicable. Certificate of Completion and the Video Recording will only be released after receipt of payment.
4. How many days will the training be delivered and in how many sessions?
This training is delivered in 1 day with 2 different sessions.
5. How do I know the actual dates for my Training?
The Training Dates for each Course is provided in the E-Four and AAF Training Calendar. You can view the E-Four and AAF Training Calendar here: https://efour-aaf.com/training-calendar.html
6. What happens where a particular date in the Training Calendar is not convenient for me?
The Training Courses are usually fixed on a Monday or Friday. However, we do make exceptions where we have three or four participants who wish to take a particular Course on a Saturday rather than a Friday. In this situation, we allow for the Friday Course to be taken on a Saturday.
7. May I please know the schedule time for the course?
The first session goes from 9am to 12pm West African Time. Then there is a 1 hour break. We will then resume from 1pm to 4pm West African Time.
8. What method or methodology will the Trainer adopt for the Training?
The E-Four and AAF Short Courses have been specifically designed to include case studies, presentations and practical exercises. You will earn the Certificate on successful completion of the program and the associated assessment.
9. Are there any material(s) available before the set date?
Yes, you will be provided with the PowerPoint Presentation Slides and a number of Article or Articles to assist you with the Training. This will be given to you a week before the Training. Kindly familiarize yourself with the materials before the Training.
10. Will the videos of the courses be made available to attendees?
The Training will be delivered online via a live session and it will be recorded. After the Training, we will provide you with the Video Recording and this will form part of the Training materials. The recorded video is just for your personal development and learning. The Video is not to be shared with anyone.
11. What will be required of me in terms of logistics for the course, since this will be my first online course?
Since the Training is done online, We will advise you to get a fast internet service for this. We will also advise you to upload the latest Zoom Application as we will be using Zoom for this training. The Zoom link will be sent to you a few days before the Training.
12. What is the certificate fee upon completion?
The Digital Certification Fee has been factored into the Course Fee. This is part of the benefits of the 6 months online promo. But there will be a separate fee if you need the Physical Copy to be Shipped to you. We will determine this once you furnish us with the address that you want the Certificate to be shipped to. We normally employ the services of DHL for effective tracking and good service delivery.
13. How long will it take to access the certificate?
You should be able to access the Digital Certificate between 7 to 14 days. If you paid for the Physical Version, it should take within a month.
14. Will there be issuance of receipt as proof of payment for the course and certificate fees?
Yes, a receipt will be issued to you once we confirm receipt of payment.
15. I would like to engage your past candidates/students to enable me validate the authenticity of your organization, since I intend empowering myself vias these courses.
One of the most impactful trainings we did was for Fidelity Bank Plc for all their Compliance Officers at their 2022 Compliance Retreat on the Topic: Ghost in the Machine: Learn about Trade-based Money Laundering Schemes. You can engage one or all of the participants on LinkedIn. In addition to paid training, we have delivered a number of free Summits online in partnership with other reputable firms. Two were organised last year. The first was with the EVENTS which you can view here. It had more than 200 participants: https://v3-events.com/aml-africa and the other was with THE MORGANS and you can view it here: Managing 3rd Party Ecosystem Risks & Data Sharing Amongst FLs to combat ML/TF
E-Four and AAF is globally accredited by the International Association for Quality Assurance in Pre-Tertiary and Higher Education (QAHE). You can view the full list of Accredited Institutions here: https://www.qahe.org/list-of-accredited-institutions/
E-Four and AAF is also recognised by the Global Academy of Finance and Management (GAFM) and the American Academy of Project Management (AAPM) as its Accredited Training Partner. You can view the full list of Accredited Training Companies here:Accredited Training Companies - Global Academy of Finance & Management
E-Four and AAF is also recognised by the Board of Quality Standards.
The benefits of the recognition and accreditation is that when you take a training course with E-Four and AAF, your CDP Points are recognised by GAFM because E-Four and AAF is its Accredited Training Partner and its Managing Partner, Dr. Ehi Esoimeme is an Accredited GAFM Trainer. Once you have the right number of CDP Points from our Training, you can get the equivalent Certification from GAFM after paying the GAFM Certification Fee. This fee is different from the actual course fee of E-Four and AAF. Ideally, people pay as high as 1900 dollars for a GAFM Training Course and Certification. But here, you only pay for the Certification and Shipping Cost because our training faculty is recognised. The GAFM Certificate comes directly from the GAFM's head office in USA. The Certification also gives you 22 months membership to the GAFM ™ professional body and access to the GAFM ™ network and body of information online. You will receive a Gold Embossed Certificate with your name and designation as MGAFM (Member of the Global Academy of Finance and Management) and Free access to the E-Four and AAF digital financial newspaper for 1 year. This newspaper will be released 2 times in a year.
16. I would like to know the GAFM Certificate and shipping cost from here please.
E-Four and AAF can nominate in good faith and approve a delegate for GAFM certification; which may be processed for the certification after payment and registration as long as the candidate acquires the right number of CDP Points from the E-Four and AAF Short Courses. For clarity, the minimum number of CDP Points to get a GAFM Certification is 60 CDP Points that can qualify you for two or three GAFM Certifications. One E-Four and AAF Short Course of 6 hours gives you 20 CDP Points.
Please find below a list of the GAFM Certifications that a delegate may be nominated for:
- • CDDP – Certified Due Diligence Professional
- • CAMA – Certified Anti-Money Laundering Auditor™
- • CCO Certified Compliance Officer ™
- • CMRA Certified Money Laundering Risk Analyst ®
- • ChFI Chartered Fraud Investigator ™
- • CFC Certified in Financial Crimes and Fraud Prevention™
- • CAMC Certified Anti-Money Laundering Consultant ®
With 60 CDP Points from E-Four and AAF, you can apply to be nominated for CFC, CDDP and/or CMRA Certifications. With 120 CDP Points, you will automatically qualify for the CCO Certified Compliance Officer Certification. With 180 CDP Points, you will automatically qualify for the CAMA – Certified Anti-Money Laundering Auditor™ Certification and with 240 CDP Points you automatically qualify for CAMC Certified Anti-Money Laundering Consultant ® and other relevant GAFM Certifications.
As for the fees, Candidates with the right number of CDP Points are required to pay $400 plus $100 US dollars(certification processing and handling fees)per certification. Each certification is good for 2 years, where each graduate will receive a membership document and the specific certification(s) that they have registered and paid for after E-Four and AAF's nomination and GAFM's approval and processing. GAFM can provide a discount for volume of 5 or more certifications shipped to one location.
Delegates may be awarded a relevant GAFM ® certification after completion of the required number of E-Four and AAF's Short Courses on Financial Crime Compliance as stated above.
Certifications are only issued and awarded by the GAFM USA offices, stamped, sealed and signed for authenticity.
17. I am interested in registering for one or more of the E-Four and AAF Short Courses. How do I register?
If interested, you can register your interest by following this link: https://forms.gle/GgjnurAJHmAWyLCY6
Kindly let us know if you have any more questions as we will be happy to answer them.