A three-day special training seminar dedicated to current issues of financial security was organized at the Law Enforcement Academy of the Republic of Uzbekistan for employees of JSCB “Turonbank” working in the areas of internal control and compliance.
The training was attended by employees responsible for the bank’s compliance control, financial monitoring, risk management, internal audit and financial security.
The seminar programme covered issues of combating the legalization of proceeds derived from criminal activities and the financing of terrorism, establishing an effective internal control system, identifying and minimizing compliance risks, preventing conflicts of interest, and detecting suspicious transactions.
Particular attention was paid to the practical application of the requirements of national legislation and FATF international standards, Customer Due Diligence (CDD), targeted financial sanctions, financial monitoring, as well as improving internal control and compliance mechanisms in banking activities.
The sessions were organized based on real and simulated cases, analysis of practical situations, and professional discussions. This enabled participants to apply theoretical knowledge to specific cases, assess risks in the areas of compliance and financial security, and improve practical approaches to their minimization.
Employees of the Academy and specialists from authorized state bodies participated in the seminar as speakers, presenting approaches to the application of legislation in practice, modern mechanisms of financial monitoring, and the implementation of international standards in banking activities.
The special training seminar contributed to strengthening an effective internal control and compliance culture in the banking system, early identification of risks associated with financial offences, and the development of employees’ practical competencies in ensuring the bank’s financial security.