Advanced Professional Certificate in Anti Money Laundering

The course introduces the concept of money laundering and differentiates it from other forms of financial crimes so that the learner can effectively manage the financial transactions and be alerted of any suspicious activity. The course also equips the learner to understand different ways people launder money, strategies that the regulators use to counter the same, and a detailed compliance regime.

After the successful completion of this lecture, you will be able to learn about the following;

01. Money Laundering Concepts, Methods and Impact;

• Understand the concept and evolution of money laundering.
• Identify the three stages of money laundering.
• Understand different methods used in money laundering.
• Measure the impact of money laundering on economic growth.

02. National and International Regulatory Landscape of AML;

• Understand the structure of the UK anti-money laundering system.
• Identify the main rules and regulations governing the UK anti-money laundering system.
• Understand the role of the financial conduct authority and other UK regulatory bodies.
• Understand the structure of the US anti-money laundering system.
• Identify the main rules and regulations governing the US anti-money laundering system.
• Understand the role of the FinCEN and other US regulatory bodies.
• Define the global framework of anti-money laundering.
• Reflect on the European Union and the United Nations anti-money laundering efforts.
• Understand the role of the Financial Action Task Force.

03. Anti-money Laundering Strategies And Tools;

• Understand the role of anti-money laundering strategies.
• Determine the most influential entities in shaping anti-money laundering strategies.
• Understand the principle of a risk-based approach.
• Identify common anti-money laundering program deficiencies.
• Identify the foundational elements of anti-money laundering programs.
• Determine various tools used to reduce money laundering risks.

04. Anti-money Laundering Cases;

• Understand landmark anti-money laundering cases.
• Reflect on the consequences of a failed anti-money laundering strategy.
• Reflect on the consequences of a successful anti-money laundering strategy.
• Identify major money laundering red flags.

What Will You Learn?

• This course offers comprehensiveunderstanding of the Concepts, Tools, Strategies and Procedures under relevant Laws and Regulations of an effective Anti Money Laundering programme.