ICA Specialist Certificate in Money Laundering Risk in Private Banking
International Compliance Association
Summary
Students from certain low GDP countries receive a 15% discount on this fee.
- Exam(s) / assessment(s) is included in price
Overview
Private banking provides a service to individuals on high levels of income, offering the personalised service they seek, that cannot be obtained through the mass-market retail banks. Significant money laundering risks exist in the private banking sector and the relationship manager must be equipped to contend with these in a currently volatile marketplace.
The ICA Specialist Certificate in Money Laundering Risk in Private Banking provides you with an opportunity to understand the inherent money laundering risks that the international private banking community is faced with, and the mitigation strategies that can be adopted to protect clients and businesses.
Description
When you undertake the course, in addition to the essential concepts of AML and CTF, you will cover the following areas:
- High net worth individuals
- Offshore financial centres
- Politically exposed persons (PEP)
- Wealth management frauds
- Terrorist financing
- Risk management
- Know your customer (KYC) and customer due diligence (CDD)
- Risk controls
How and where can you study?
The course is fully online so can be studied at any time, wherever you are in the world. You will have 3 months to complete the course
How will you be assessed?
At the end of the online course you will take a one hour multiple choice exam of 15 short-form questions.
Does this count towards ICA CPD?
Specialist Certificate courses count as 15 hours of ICA CPD credit.
Can this course be taught in-house?
An in-house option is available for organisations enrolling a minimum of 15 people onto the course. Benefits include a face to face delivery option and the potential to include bespoke material.
Who is this course for?
- Senior practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
- Senior managers within the private banking environment who wish to certify their knowledge
- Operational staff, working specifically within the private banking environment, who need to understand the inherent risks they face
- Regulators or Consultants working within the private banking space
- MLROs, Compliance Managers, Risk Managers, CDD Managers
- Anyone with an interest in the subject matter
Requirements
The qualification is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but is not essential.
To get the most from the course, a good standard of English is required.
Questions and answers
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
