Anti-Money Laundering Awareness
Anti-Money Laundering Awareness
Anti-Money Laundering Awareness
Course Overview
AML
Detecting, Preventing, and Reporting Financial Crime
Understand how illicit funds move through the financial system and what your organization must do to stop them. The course builds practical capability in customer due diligence, red-flag detection, transaction monitoring, sanctions screening, and reporting, so professionals can meet their AML obligations with confidence.
What You Will Learn
The main objectives of the course are:
- Understand what money laundering is and how it operates.
- Explain the three stages of placement, layering, and integration.
- Navigate the FATF and national AML regulatory frameworks.
- Apply KYC and customer due diligence requirements.
- Conduct enhanced due diligence on high-risk customers and PEPs.
- Identify beneficial ownership behind corporate structures.
- Recognize red flags in customer behavior and transactions.
- Work transaction monitoring alerts to a sound disposition.
- File clear, actionable suspicious activity reports.
- Perform sanctions and watchlist screening correctly.
- Assess AML risk in crypto and digital assets.
- Maintain records and stay audit ready.
Who Should Enroll
This certificate is designed for compliance officers, risk and audit professionals, bankers, finance and accounting staff, legal and MLRO teams, relationship managers, and any employee in a regulated business with anti-money laundering responsibilities.
Skills You Will Build
- Money Laundering Awareness
- KYC & Customer Due Diligence
- Enhanced Due Diligence
- Beneficial Ownership Analysis
- Red-Flag Detection
- Transaction Monitoring
- Suspicious Activity Reporting
- Sanctions Screening
- Crypto & Digital Asset Risk
- Record-Keeping & Audit Readiness
- AML Regulatory Awareness
- KYC & Due Diligence
- Risk-Based Assessment
- Red-Flag Recognition
- Transaction Monitoring
- Suspicious Activity Reporting
- Sanctions & Watchlist Screening
- Financial Crime Prevention
- Audit Readiness
- Compliance Culture
Course Outline – Anti-Money Laundering
Module 1: Introduction to Money Laundering
- What Is Money Laundering?
- The Three Stages: Placement, Layering, and Integration
- The Scale and Impact of Money Laundering
- Predicate Crimes and Laundering in the Real World
Module 2: The Three Stages of Laundering
- The Money-Laundering Cycle: Why Three Stages
- Placement: Getting Dirty Money into the System
- Layering: Obscuring the Trail
- Integration: Making Clean Money Look Earned
Module 3: The Global AML Regulatory Landscape
- Why a Global Regime Exists: The Scale of the Threat
- The FATF: Global Standard-Setter, Mutual Evaluations, and Lists
- Regional and National Architectures: The EU and the United States
- From Compliance to Effectiveness: Assessing and Applying the Regime
Module 4: Your AML Obligations
- Where Your Obligations Come From
- What Your Firm Must Do
- What You Must Do
- When Obligations Fail: Accountability and Enforcement
Module 5: Know Your Customer (KYC) & Due Diligence
- Why Know Your Customer Matters
- The Customer Identification Program: Verifying Identity
- The Risk-Based Approach to Due Diligence
- Beneficial Ownership: Seeing Through Legal Entities
Module 6: Enhanced Due Diligence & High-Risk Customers
- From Standard to Enhanced: When Ordinary Diligence Is Not Enough
- Recognising High-Risk Customers and Relationships
- Source of Funds and Source of Wealth
- Politically Exposed Persons: The Four Controls
Module 7: Beneficial Ownership & Corporate Structures
- What Beneficial Ownership Means
- How Corporate Structures Hide Ownership
- Tracing Ownership Through the Layers
- Beneficial Ownership Registers and the Transparency Standard
Module 8: Recognizing Red Flags
- What Is a Red Flag?
- Categories of Red-Flag Indicators
- Reading Activity Against the Customer Profile
- From Recognition to Escalation
Module 9: Transaction Monitoring
- What Transaction Monitoring Is and Why It Exists
- How Monitoring Systems Work: Scenarios, Data, and Approaches
- The False-Positive Problem and Threshold Tuning
- Working an Alert: From Trigger to Disposition
Module 10: Suspicious Activity Reporting
- What a Suspicious Activity Report Is and Where It Comes From
- When You Must File: Triggers, Thresholds, and Deadlines
- Confidentiality: Tipping-Off, Non-Disclosure, and Safe Harbour
- Writing a SAR the FIU Can Act On
Learn at your convenience
*Note: These are self-paced courses, allowing learners to study independently at their own pace.
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