Certificate in Anti Money Laundering (AML)

Money Laundering is a significant crime worldwide. According to the International Monetary Fund (IMF), money-laundering is "the process of deliberately concealing the origins of illegally obtained money (i.e. 'dirty money') by making such funds appear to have come from a legitimate source ('clean money.')"

Money laundering is common, but it is usually done on a smaller scale. The UK estimates that about £40 billion is laundered there every year. Criminals and terrorists launder money to make their cash seem "honest." Money laundering allows criminals to continue their illegal activities while negatively impacting the economy. In this course, employees learn to do their part in preventing money laundering. For instance, they know about due diligence.

• Certificate in Anti Money Laundering (AML) is a comprehensive overview of anti money laundering frameworks.
• Certificate in Anti Money Laundering (AML) covers topics like terrorist financing, customer due diligence checks, and processes.
• Certificate in Anti Money Laundering (AML) defines money laundering and describes the 'regulated sector' defined by the Proceeds of Crime Act.
• Certificate in Anti Money Laundering (AML) then introduces anti-money laundering procedures and legislation and explores what constitutes a breach of these procedures. Finally, the course ends by asking the learner to consider what should be done in practice when such a breach occurs, giving examples of possible lines of investigation.

There is no excuse for not understanding how the process works or protecting yourself against bad actors. Better understand the regulations now as soon as possible so that you are better informed if something happens. Don't rely on your bank or accountant telling you everything as they usually only know just one part of it.

This Anti Money Laundering (AML) course is for anyone who wants to learn more about AML and career opportunities in this field. It is designed to give you a comprehensive overview of the AML framework, how it works and what professionals are looking for in the market today. In addition, you will learn about AML policies and procedures, risk assessment, compliance requirements, and professional skills and attitudes that employers are seeking.

Complying with anti-money laundering rules is significant for all workforces. Anti-money laundering regulations require you to do a thorough job of training your staff to identify and report illegal transactions. This course is designed for employees who want to learn how to detect and prevent financial crimes. It is easy to follow yet comprehensive. This certificate in anti money laundering (aml) contains 50 minutes of high-quality video training. You can learn anywhere in the world of digital video. All you need is an internet connection and your device.

• Certificate in Anti Money Laundering (AML) Sample - download

OVERVIEW

Money-Laundering is a major criminal problem, worldwide. This course starts by defining money-laundering and describing the 'regulated sector' as defined by the Proceeds of Crime Act.

The Certificate in Anti Money Laundering (AML) discusses a number of money-laundering offences, including tax evasion, theft, fraud, bribery and the financing of terrorism. You'll learn about some of the 'red flags' which could indicate illegal activity, and the connections between money-laundering and certain financial institutions.

You'll see how the regulated sector combats money-laundering through compliance, due diligence, and record-keeping.

Finally, the Certificate in Anti Money Laundering (AML) examines the internal controls and monitoring used by companies to fight against money-laundering, including policy statements, effective reporting systems, and staff responsibilities.

COURSE OUTLINE

Module 1: Introduction

Module 2: The Law

Module 3: Money-Laundering

Module 4: Due Diligence

Module 5: Internal Controls and Monitoring

DURATION

The total duration of Certificate in Anti Money Laundering (AML) video content is 50 Minutes, it does not include the time taken to read, analyze and attempt the quiz or conduct any other research.

Learner can access the Learning Platform 24/7. The time period to complete the course depends on the learner’s pace and the time dedicated for training. Though the course is self-paced, but learner will be given maximum period of 12 Months from the date of enrolment. Learner may request for extension but, ILC holds the right to close/lock the course after completion of 12 Months.

ASSESSMENT

After successful enrolment, the learner will get access to the Learning Platform, where the training material is available. The training is in the video format, and each module consist of many videos.

Each module is followed by a 3-5 Multiple Choice Questions. You will have the option to review the video content as often you like, and submit the test once you are satisfied with the answers. The minimum pass score is 80% and you will have 3 attempts to pass test for each module. But, if in any condition, you cannot pass in three attempts, you can request 3 more attempts for all modules, after which all modules will be locked.

ACCREDITATION

The courses offered by Inspire London College are approved and accredited by The CPD Certification Services and different organizations in specific field including IIRSM (International Institute of Risk and Safety Management), IATP (Independent Asbestos Training Providers), and IFE (Institution of Fire Engineers).

CERTIFICATION

There are two options for certificate of completion:

OPTION 1

After completion of Assessment, ‘Get Your Certificate’ button will become available. Learner can use this to download free Certificate in Anti Money Laundering (AML) in PDF format.

• Certificate of Completion(PDF format) = Free of Cost
• Certificate of Completion(Hardcopy) = £15

OPTION 2

You can also get CPD Accredited Certificate in Anti Money Laundering (AML) from Inspire London College along with transcript either in PDF format or Hardcopy.

CPD Accredited Certificate of Completion along with Transcript (PDF format) = £29

CPD Accredited Certificate of Completion along with Transcript (Hardcopy) £40 + Postal charges £15 = £55

Certificate in Anti Money Laundering (AML) is suitable for anyone working in an organisation that handles large amounts of money. It can also be used as an introduction to the subject for those working or planning to work in a regulated sector. Also this Certificate in Anti Money Laundering (AML), without any prior knowledge of Money-Laundering, the learners can take this training course and in addition to this, there are no age restrictions. Thus, anyone who is passionate and ambitious about Money-Laundering can take the Certificate in Anti Money Laundering (AML). There are no specific deadlines for admission, and you can enrol anytime on this Certificate in Anti Money Laundering (AML).

• Good knowledge of the English Language
• Good understanding of ICT

Recommended System Requirements

• Browser: Up to date web browser
• Video: Up to date video drivers
• Memory: 1Gb+ RAM
• Download Speed: Broadband (3Mb+)

Currently there are no Q&As for this course. Be the first to ask a question.

Certificate of completion

Digital certificate - Included