Virtual Assets Chamber
●4-week programme·8h total·5 modules

Stablecoins for AML, Compliance and Risk Professionals

Delivered live online across four consecutive weeks, with weekly two-hour practitioner-led sessions combining typology analysis, blockchain analytics demonstrations, scenario walk-throughs and structured workshops. Participants engage with compliance-program templates, STR and Travel Rule worked examples and supervisory case material. Cohort sizes are limited to preserve practitioner-grade discussion. A Certificate of Completion is issued upon successful participation, with CPD recognition available where supported by local professional bodies.

Stablecoins for AML, Compliance and Risk Professionals

What you'll learn

  • Identify, classify and investigate the major stablecoin financial-crime typologies, including Kenya-specific patterns documented by the Financial Reporting Centre.
  • Design a stablecoin-calibrated AML and CFT program that satisfies POCAMLA, the Kenya VASP Act, FATF Recommendation 15 and comparable international frameworks.
  • Conduct issuer, custodian and reserve due diligence on stablecoin counterparties using a structured framework.
  • Read, interpret and act on blockchain analytics outputs, including wallet scoring, exposure analysis and transaction-graph evidence.
  • Implement Travel Rule compliance for stablecoin transactions, including platform selection and the management of the Sunrise Problem.
  • Manage sanctions exposure in a stablecoin environment, including OFAC SDN address designations, the Tornado Cash precedent and the implications of programmable freeze functionality.
  • Build the institutional risk register for stablecoin engagement, covering depeg, custody, smart-contract, regulatory, reputational and concentration risk.
  • Prepare for, manage and respond to supervisory examinations involving stablecoin compliance from the FRC, CMA, CBK and correspondent-bank reviewers.

Who it's for

CCOs, MLROs, AMLROs, risk officers, sanctions specialists and internal auditors.

Prerequisites

Prior completion of Course 01 (Stablecoins: A Strategic Primer).

Programme structure

5 modules · 25 lessons · self-paced after enrollment

Module 1

Introduction

  • Statement of Program Philosophy, Goals and Delivery
  • Purpose of the programme
  • Expected Learning Outcome
  • Mode of delivery
Week 1

Week 1 — The Threat Landscape: Typologies and Financial Crime

  • Stablecoin financial-crime typologies: mobile-money-to-stablecoin layering, P2P structuring through M-Pesa, chain-hopping, peg arbitrage, BEC proceeds extraction, ransomware monetisation, cross-border capital flight, terrorism financing and sanctions evasion.
  • Quantified threat intelligence drawn from leading blockchain analytics providers.
  • The Kenyan picture: FRC-documented typologies and supervisory expectations.
  • Personal liability under POCAMLA: when non-compliance becomes a criminal offence.
Week 2

Week 2 — Risk-Based Compliance Framework and Due Diligence

  • The Institutional Risk and Residual Assessment (IRRA) calibrated to stablecoin exposure: customer, product, geographic, channel and transaction risk.
  • CDD and KYC tiers for stablecoin-exposed customers, including Standard, Enhanced and Simplified.
  • Beneficial-ownership tracing through digital-asset structures.
  • Stablecoin issuer due diligence: licensing status, reserve composition, attestation quality, redemption rights and counterparty concentration.
  • Custodian due diligence: legal construction, segregation, key management and insurance.
  • The VASP and PSP counterparty due-diligence framework.
Week 3

Week 3 — Transaction Monitoring, STRs and Travel Rule

  • Off-chain and on-chain transaction monitoring and the integration of the two.
  • Designing monitoring scenarios and rules specific to stablecoin typologies.
  • Live demonstration of blockchain analytics tools: reading a wallet risk report, interpreting exposure scores and constructing an investigation map.
  • The full STR lifecycle: alert generation, investigation, narrative quality and goAML filing to the Financial Reporting Centre.
  • Travel Rule operational implementation: information requirements, Kenyan thresholds, the Sunrise Problem and platform selection (Notabene, Veriscope, TRISA, TRP).
  • Sanctions compliance: OFAC SDN blockchain addresses, the Tornado Cash precedent, Lazarus screening and Al-Shabaab risk.
Week 4

Week 4 — Supervisory Readiness and Governance

  • Supervisory examination methodology: FRC, CMA, CBK and the correspondent-bank review.
  • Documentation readiness, examiner management and post-examination representation.
  • Compliance monitoring program design: KYC file testing, STR quality review, monitoring back-testing and Travel Rule effectiveness.
  • Board and executive-committee reporting: management information, key risk indicators and the compliance dashboard.
  • Workshop: Final Institutional Stablecoin Compliance Program presentation with faculty assessment.