Description
Overview
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.
Accredited, quality CPD training
Instant e-certificate and hard copy dispatch by next working day
Fully online, interactive course with audio voiceover
Course material developed by qualified professionals
Self-paced learning accessible via laptop, tablet and smartphone
24/7 Learning assistance and tutor support
Discounts on bulk purchases
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.
Curriculum
What is Money Laundering – Explanation
Stages of Money Laundering
What is Terrorist Funding? Identify the difference between ML & TF
Why are Countries & Governments Concerned? Risks for Banks/FIs and You
What is KYC (Know Your Customer) and KYCC (Know Your Customer’s Customer)
What is Enhanced Due Diligence (EDD)? When to apply EDD? What are PEPs/FPEPs
RBA Framework & Suspicious Transaction Report (STRs). How to Identify & Report
Few Indicators of Money Laundering
Conclusion
