CRFCC Certification

A must have comprehensive Regulatory Compliance and Financial Crime Certification for all aspiring Crypto Compliance officers looking to understand Crypto Regulation, how crypto assets work, Risk Typologies and how to build a supporting Risk Based Compliance Framework to meet your day to day regulatory compliance obligations and proactively, holistically, effectively, efficiently and sustainably manage risk. 
Format

Online
trainer led sessions

Starting date

TBC

11am - 2pm GMT

Duration

4 x 3 hour sessions

Price

Early Bird: $449 USD

$599 USD

What you are going to learn

What the CRFCC can do for you?

Whether you are a compliance officer or aspiring compliance officer at a Virtual Asset (VA) entity or a Virtual Asset Service Provider (VASP), this course comprehensively brings all participants back to basics on what is crypto, learning the fundamentals about different types of crypto assets, and then explains the regulatory landscapes, the risk typologies and then walks through the build of a solid risk based compliance framework to support a regulated crypto entity.

Throughout this course, in partnership with Virtual Risk Solutions, you will discover:
  • Part 1: What is Crypto?
  • Part 2: Crypto Regulatory Requirements across the Globe
  • Part 3: Financial Crime Risk Typologies in Crypto
  • Part 4: The Building Blocks of an Effective Crypto Compliance Framework and the Usage and Implementation of Technology for Risk Management






Each part will be fully interactive and led by recognized industry experts consisting of:
a. Theory
b. Practical Application
c. Real Life Case Studies
d. Breakout "Workout" Sessions

At the end of each part of the course the training, there will be a knowledge test. Certification will be awarded to participants who obtain a result of 75% or above in each test.

You are encouraged during the course to:
  • Make use of the opportunities to network with other crypto compliance professionals from across the globe space
  • Interact and ask questions an bring new and innovative ideas into the discussions
  • Use materials provided and provide feedback on any ways the course and contents can be enhanced to improve your learning experience

Course Contents

Part 1: What is Crypto?
Part 2: Crypto Regulatory Requirements across the Globe
Part 3: Financial Crime Risk Typologies in Crypto
Part 4: The Building Blocks of an Effective Crypto Compliance Framework and the Usage and Implementation of Technology for Risk Management
In this Section we will walk through the fundamentals of how Crypto coins and other crypto assets have been developed and how they are being used, valued and transacted, including: 
  1. Where did Crypto come from?
  2. What is Bitcoin?
  3. Why was Bitcoin created?
  4. How does Bitcoin work?
  5. What is a Miner?
  6. What is a Crypto Wallet?
  7. How do I buy Crypto?
  8. What is a Crypto Exchange?
  9. How is Bitcoin valued? 
  10. What other types of Crypto exist?
  11. What is Blockchain?
  12. What is a cryptomixer?
  13. How do I use Cryptocurrency?
  14. Is Crypto susceptible to theft?
  15. What is Decentralised Finance (DeFi)?
  16. What are the Pros and Cons to usage of Crypto?
  17. What are the current regulatory/society obstacles to usage and legality?
  18. Future of Crypto and our financial instruments
In this session we will provide a recap from Part 1: What is Crypto?

We will then walk through the Crypto regulatory requirements we have been seeing evolving across the globe and appetite to Crypto usage including looking at: 
  1. The Speed of regulatory evolution
  2. What regulation is required?
  3. Variations in global approaches to Crypto asset regulation
  4. What can regulators do to better support regulatory development?
  5. Why does Crypto need regulation?
  6. Where are the risks in non-regulation?
  7. What do we expect going forward?
In this session we will provide a recap from Part 2: Crypto Regulatory Requirement's across the globe.

We will then walk through the types of financial crime risk typologies that we have seen in crypto asset usage including:
  1. What are the biggest misconceptions in Crypto and Financial Crime? 
  2. Key Enforcement Actions to date
  3. Crypto financial crime typologies
  4. Risk exposure by product type
  5. How does Money Laundering work in Crypto? 
  6. Are Ledgers Secure?
  7. Overview of Money Laundering in Crypto
  8. Hacks
  9. Phishing Emails 
  10. Ransomware
  11. Sanctions
  12. Scams
  13. Stolen Funds and Extortion
  14. Terrorist Financing in Crypto
  15. Dark web
  16. Effective Due Diligence and Monitoring 
  17. Cryptocurrency start-ups that are no longer around 
  18. What is the next step in the Crypto evolution?
In this session we will provide a recap from Part 3: Financial Crime Risk Typologies in Crypto. 

We will then walk through the key components required to build a base point effective compliance risk based framework to support your activities in day to day risk mitigation. This will include: 
  1. Where do we start in building a compliance framework?
  2. What is expected from Compliance?
  3. Compliance officer skill sets 
  4. Where are we seeing gaps in crypto firms compliance frameworks?
  5. What controls do I need to build into in my compliance framework?
  6. Level of Compliance 
  7. Building a governance framework
  8. Reporting and Assessments
  9. The need for technology
  10. Going Forward: Tech infrastructure build needs to future proof your risks
    Evolving Challenges and need for Automation 
  11. Challenges in Sanctions
  12. KYC Limitations and Lack of Regulation
  13. Transaction Monitoring in Crypto
  14. What Technology can do
  15. The Technology Solutions

Our Experts

Oonagh van den Berg is an award winning compliance officer with over 20 years’ experience in financial services.

She is one of the leading voices and trainers globally in compliance risk management and has built and led various compliance risk framework developments and teams across the industry for a diverse range of financial entities, including traditional banks, Fintechs, and Crypto firms.

Oonagh also regularly publishes global compliance industry thought leadership articles and leads global industry webinars, and is an recognised industry Subject Mater Expert and Influencer in her space. 

She is also an advocate for ethical compliance leadership and framework development, with increased automation including AI and Machine Learning integration.

Oonagh van den berg
CEO & Founder of RAW Compliance
Adebayo is a Cybersecurity and blockchain investigations and intelligence expert.

Adebayo Tiamiyu, CFCS, CISC, CEIC.
Blockchain Investigation and Intelligence Services | Lead Cybersecurity Manager | Chainalysis and TRM Certified Advanced User
Dr. Oriol is a very influential voice in the FinTech area, having advised many companies and with a very extensive network across the globe. He founded and hosts the podcast “A Digital Tomorrow”, with over 12k followers on YouTube and whose video views reach an average audience of 1.5k viewers. Furthermore, he has published articles and been cited by international media outlets such as Reuters, Forbes Middle East, the South China Morning Post (SCMP), Outlook India, China Daily, Asian Investor, Forkast News, and Cointelegraph, and he has been interviewed in multiple TV shows such as FinTech Powered by Bloomberg and Talk the Walk (Hong Kong International Business Channel). 

He is also a well-known international speaker: he was named Asian FinTech Speaker of the Year (2021) by FASTER Community, and has participated in over 200 international conferences since 2020, like the well-known Hong Kong FinTech Week, talking about Central Bank Digital Currencies (CBDCs), Blockchain, Blockchain in Islamic Banking and Finance, the Chinese Financial System, Digital Yuan and others. 

Oriol is also an Honorary Fellow at the University of Hong Kong’s Asian Institute of International Financial Law (AIIFL). He has also been invited to give classes at several top universities and business schools such as The University of Hong Kong (HKU), Asian Institute of Management (AMI), The University of British Columbia (UBC), ESADE Business School, Singapore Management University (SMU), Peking University and many others.

He currently acts as a Board Director and Secretary General at the Global Impact FinTech (GIFT) Forum, Member of the Board of Advisors at Blockchain for Europe (BC4EU), Research Contributor at the Blockchain Research Institute (BRI), Lecturer at the Centre for Finance and Technology (CFTE), Mentor at R3 (Singapore), Mentor at Cyberport (Hong Kong), among others.

Dr. Oriol Caudevilla
Board Director and Secretary General at the Global Impact FinTech (GIFT) Forum

Our Partner

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Virtual Risk Solutions- VRS
http://www.virtualrisksolutions.com/