A Licensed Person must take all appropriate steps to ensure that their staff, directors, Members of a Board of Directors, and executive and supervisory management members receive regular training on: 1. AML/CFT laws and regulations, and in particular, CDD measures, detecting and reporting of suspicious transactions. 2. Prevailing techniques, methods and trends to combat money laundering and terrorist financing. 3. The Licensed Person’s internal policies, procedures and controls on anti-money laundering and combating terrorism financing and the responsibilities of staff in combating money laundering and terrorist financing.