Description
Anti Money Laundering Training Course Overview
The ever-evolving world of finance cannot overstate the importance of Anti-Money Laundering (AML) measures. Money laundering is a global issue that continually threatens the stability of financial systems, leading to socio-economic problems and facilitating criminal activities. This is the main problem that our Anti Money Laundering Training seeks to address.
This course, will equip you with the necessary knowledge and skills to identify, report, and prevent money laundering activities within your organisation or institution.
The Benefits of solving this problem
Firstly, you will be contributing to global efforts in preventing the flow of illicit funds, which often finance harmful activities like terrorism and organized crime. Next, by fostering a strong culture of compliance, businesses can protect themselves from the reputational damage and financial penalties associated with money laundering.
Key Features of This Course
Accredited by CPD
Instant e-certificate and hard copy dispatch by next working day
Fully online, interactive course with audio voiceover
Developed by qualified professionals
Self-paced learning and laptop, tablet, smartphone-friendly
24/7 Learning Assistance
Discounts on bulk purchases
Endorsement
The Quality Licence Scheme has endorsed this course for its excellent non-regulated provision and training programs. However, Ofqual does not regulate it, and it is not an accredited qualification. If you require further recognition, such as progression into higher education, your training provider can offer advice. You may also refer to the Learner FAQs on the Quality Licence Scheme website for more information.
Certification
After successfully completing the Anti Money Laundering Training Course 2023, learners will be able to order an endorsed certificate as proof of their achievement. This certificate of achievement endorsed by the Quality Licence Scheme. You can have endorsed certificates delivered to your home via post for just £129.
Also once you’ve successfully completed your course, you will immediately be sent a CPD Accredited FREE Digital Certificate. You can have your FREE printed CPD Accredited Certificate delivered by post (shipping cost £3.99).
Learning Outcomes
By the end of the course, learners will be able to:
Understand the basics of Anti-Money Laundering (AML)
Discuss the three stages of money laundering and the Proceeds of Crime Act 2002
Demonstrate knowledge of the role of a money-laundering report officer
Assess client risk and conduct a thorough client risk assessment
List the main elements of a customer due diligence program
Understand AML record-keeping requirements in the UK
Detect unusual transactions and suspicious activity
Show awareness of staff responsibility and training requirements
Identify the different types of events that might cause suspicion
Who should take the course
This Anti Money Laundering Training is ideal for anyone looking to kickstart a career in this field or who wants to gain a deeper understanding of money laundering and how to prevent it. This includes:
Money Laundering Reporting Officer
AML Analysts
AML Officer
Risk & Compliance Analyst
Compliance Manager
Assessment
At the end of the course, there will be an online assessment, which you will need to pass to complete the course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. You paid a one-time fee for the course that includes all of this.
Curriculum
Module 01: Introduction to Money Laundering
Module 02: Proceeds of Crime Act 2002
Module 03: Development of Anti-Money Laundering Regulation
Module 04: Responsibility of the Money Laundering Reporting Officer
Module 05: Risk-based Approach
Module 06: Customer Due Diligence
Module 07: Record Keeping
Module 08: Suspicious Conduct and Transactions
Module 09: Awareness and Training
