What topics are covered in the SEMI specialized training?

Training typically covers AML/CTF advanced best practices, transaction monitoring and alert systems, KYC/KYB & customer due diligence, governance & risk oversight, as well as emerging regulatory risks.

Who should attend the specialized training for SEMI?

Relevant attendees usually include compliance officers, risk managers, senior management, operations staff, transaction monitoring teams, and any personnel involved in regulatory compliance or customer onboarding.

Is training tailored to our SEMI’s business model and risk exposure?

Yes, the training can be customised based on your institution’s size, risk profile, regulatory jurisdiction, business model, and any specific compliance gaps you want addressed.

Do you provide both in-person and remote training options?

Yes, training can be delivered in-person or remotely/online depending on your organisational needs and logistical constraints.

How often should we refresh training for SEMI staff?

Refresher or update training is recommended at least annually, or more often when there are significant regulatory changes, internal policy updates or risk landscape shifts.

Are certificates or proof of completion provided?

Yes, participants typically receive a certificate of completion which can support internal compliance records and regulatory expectations.

Specialized Training for SEMIs | Compliance & Risk Education

Specialized Training

Building and maintaining internal competency is essential for the sustainable success of a Small Electronic Money Institution (SEMI). FCA places strong emphasis on staff awareness, governance responsibilities, and the ability of firms to demonstrate a culture of compliance. ABM provides highly tailored training programs designed to equip your team—from front-line staff to senior management—with the knowledge and practical skills necessary to meet regulatory expectations.

Electronic Money Issuance and Redemption Rules

We deliver targeted sessions on the regulatory framework governing e-money issuance and redemption, ensuring your staff understand the obligations surrounding customer funds, safeguarding, and permissible activities. This ensures that day-to-day operations comply with FCA requirements and customer rights are protected at all times.

AML/CFT Obligations

Anti-Money Laundering and Counter-Terrorist Financing compliance is a cornerstone of e-money operations. ABM’s training programs provide deep insights into customer due diligence (CDD), enhanced due diligence (EDD), suspicious activity reporting (SARs), and transaction monitoring. We equip your team with practical tools to identify, escalate, and mitigate financial crime risks effectively.

Risk-Based Approach Implementation

We train your staff on how to apply a risk-based approach in their daily activities—covering customer risk assessments, product and service risks, geographic risk exposure, and channel-specific risks. This ensures compliance is not just a tick-box exercise but a proactive, adaptive framework aligned with FCA’s expectations.

Staff and Senior Management Responsibilities

Regulators hold senior management and boards accountable for embedding compliance into the company’s strategy and governance. ABM provides tailored workshops that clarify the responsibilities of directors, compliance officers, and senior managers under the FCA’s Senior Managers and Certification Regime (SM&CR). We also train front-line staff to recognise their role in upholding compliance standards within the SEMI.

Practical and Ongoing Competency Building

Our programs are not limited to one-off training. We offer refresher sessions, case studies, and scenario-based workshops to keep your team up to date with regulatory changes and emerging risks. This ensures that compliance knowledge evolves alongside your business growth and regulatory expectations.