Name: Anti Money Laundering (AML) Training
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Curriculum

The anti-money Laundering course is designed to provide business owners and professionals looking to kickstart a career in ethics and compliance or the finance sector, with the necessary skills to ensure the protection of their business, customers and clients.

In this AML awareness training course, you will learn about the different stages of money laundering and how to the spot security risks to your business, so that you can implement effective control measures. This course is ideal for business owners and aspiring AML analysts, as well as anyone who wants to gain in-depth knowledge of AML legislation and regulatory framework.

The course covers all areas of AML training, from the components of KYC to enhanced due diligence, and the differences between AML and terrorist financing. Enrol today and gain advanced financial crime knowledge.

Sneak Peek

Who should take the course

This anti-money laundering course is ideal for anyone who wants to learn about AML legislation and how terrorist financing works to ensure the protection of their business and customers, which includes:

Ethics & Compliance Professionals
Lawyers
Business Owners
AML Analysts
Accountants & Bookkeepers
Bankers

Learning Outcomes

By the end of the course, learners will be able to:

Demonstrate in-depth knowledge of the different stages of money laundering
Understand the differences between money laundering and terrorist funding
Identify the fundamental components of Know Your Customer (KYC)
Know when to apply Enhanced Due Diligence (EDD) for high-risk customers
Learn under what circumstances to report suspicious transactions
Familiarise with anti-money laundering legislation and regulatory framework

Certification

Once you’ve successfully completed your course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). All of our courses are fully accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field. Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

Course Curriculum

What is Anti Money Laundering & Countering of Terrorist Financing

What is Money Laundering - Explanation

We will gain an understanding of what money laundering is, how it works and affects businesses and customers.

Stages of Money Laundering

We will explore the different methods and stages of money laundering, using examples and case studies.

What is Terrorist Funding? Identify the difference between ML & TF

We will take an in-depth look at terrorist funding and the fundamental differences between money laundering and terrorist funding.

Why are Countries & Governments Concerned? Risks for Banks/FIs and You

We will deepen our understanding of how firms can register for AML and the risks of money laundering for banks and financial institutes.

What is KYC (Know Your Customer) and KYCC (Know Your Customer's Customer)

We will learn about Know Your Customer (KYC) compliance and the procedures for monitoring customer risk.

What is Enhanced Due Diligence (EDD)? When to apply EDD? What are PEPs/FPEPs

We will Enhanced Due Diligence policies and the risks that can’t be detected by customer due diligence.

RBA Framework & Suspicious Transaction Report (STRs). How to Identify & Report

We will explore the Results-Based Accountability framework and when a suspicious activity report should be filed.

Few Indicators of Money Laundering

We will take a look at some of the fundamental signs and red flags of AML.

Conclusion

We will take a look back at the lessons learned in this course and the key points discussed.

Course Curriculum

Anti Money Laundering & Countering of Terrorist Financing
	What is Anti Money Laundering & Countering of Terrorist Financing	00:27:00
Assignment
	Assignment – Anti-Money Laundering (AML) Training	00:00:00