The Crypto compliance Specialist training has become increasingly crucial following the recent update from the Central Bank of Nigeria lifting the ban on cryptocurrency banking transactions. This necessity extends to individuals in the financial space, compliance officers of traditional banks, law firms, and compliance officers from around the world.
About the Crypto Compliance Specialist Training
The Crypto Compliance Specialist Training garnered significant participation from lawyers, compliance officers in traditional banks and exchanges, and individuals in the financial sector, highlighting the worldwide demand for improved compliance measures in the evolving landscape.
Led by seasoned experts, the training comprehensively covered aspects of cryptocurrency, such as identifying and tracking suspicious transactions, understanding compliance laws and regulations across jurisdictions, and implementing measures to combat financial crimes associated with cryptocurrency.
These sessions were covered in 5 modules spanning Four Learning Days. On the Fifth and Last day, participants were ready to take their certification exams. The successful participants were officially awarded their Certifications as Certified Cryptocurrency Compliance Specialists (CCCS).
During the training sessions, the 3CS Training Facilitators ensured maximum participation among the students by encouraging classroom discussions and engaging activities and tasks, both as individuals and in groups, to enhance collaborations. Additionally, participants in the crypto compliance specialist training had game sessions, providing them with an opportunity to have fun, relax, and recharge during the training.
Furthermore, participants were exposed to various cryptocompliance tools available at A&D Forensics Lab from our partners. This tool demonstration was an integral part of their learning activities, as participants were able to see how various crypto compliance activities could be carried out using different tools. These activities include KYC and onboarding, wallet screening, transaction screening and monitoring, as well as FATF Travel Rule compliance requirements.
Lastly, participants in the crypto compliance specialist training session were provided with complimentary lunch, writing materials, souvenirs, and a platform to unwind and build connections during the training program.
Trainees’ Perspectives On The Concluded Crypto Compliance Specialist Training
Speaking at the conclusion of the Crypto Compliance Training Event for Journalists, Chioma Onyekelu, CCI, a Certified Cryptocurrency Investigator and one of the training facilitators, emphasized the significance of the training program. She detailed how the participants underwent instruction in five (5) different modules, spanning from the basics of blockchain to practical compliance lectures, and gained exposure to various compliance tools available at A&D Forensics Lab. According to her, “We guided them through diverse modules, offering introductory insights and training on tracking dubious cryptocurrency transactions, understanding cryptocurrency compliance laws, and regulations in various jurisdictions. They have now been awarded certificates as Certified Cryptocurrency Compliance Specialists and are equipped to work globally.”
While engaging with the journalists, Adedeji Owonibi, Senior Partner at A&D Forensics, underscored the importance of compliance laws in preventing illicit activities. He emphasized the pivotal role played by compliance specialists in ensuring that financial institutions, including banks, adhere to the necessary laws when dealing with virtual asset service providers (VASPs).
He stressed the imperative of regulating cryptocurrency activities to curb financial crimes, stating, “Nigeria should comprehensively regulate cryptocurrency activities within the country, establish laws to that effect, because without laws, there is no offense, and additional training should be implemented.” Lastly, he highlighted the importance of collaboration between financial institutions, regulatory bodies, and law enforcement agencies to create a robust ecosystem that prevents money laundering, drug trafficking, and terrorism financing through cryptocurrencies.
Participants’ Perspectives On The Concluded Crypto Compliance Specialist Training:
Among the participants, Sussan Omeruo, a data analyst, expressed her satisfaction with the training, stating, “It has really been a beneficial experience. So far, I have gained a lot of knowledge, and after this, I could build a career path in compliance or become a crypto compliance officer in a big exchange.” She expressed the fact that learning about crypto compliance in a classroom setting made it more interesting for her while increasing her social capital.
Senator Ihenyen, a legal practitioner and lead partner at Infusion Lawyers, highlighted the practical relevance of the training to his profession. He mentioned, “As a lawyer in a law firm that services or advises players in the virtual assets sector, a course like this is vital. We have been taken through policies and regulations that apply to virtual assets such as Bitcoin, Ethereum, etc., as well as compliance tools which I can leverage to assist some of my clients who are in the virtual assets space.”
Conclusion
The successful completion of the 5th Edition Cryptocurrency Compliance Specialist training marks another milestone for A&D Forensics in its commitment to promoting education and expertise in the ever-evolving field of blockchain and digital forensics.
To learn more about the Certified Cryptocurrency Compliance Specialist (3CS) Training, visit: https://adforensics.com.ng/3cs/
For Media: Contactus@adforensics.com.ng +2349095503040
