Anti Money Laundering (AML) Training

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Have you given up looking for a course that can improve your understanding and help you to bloom? If so, you've come to the right spot because our tactfully crafted Anti Money Laundering (AML) course will help you go one step closer to achieving your goal.

Get our premium course with a Free PDF Certificate at an unbelievable price

Each session in this course is thorough and easy-to-understand. The extensive course materials of Anti Money Laundering (AML) are accessible at any time and from any location, allowing you to study at your own speed in the comfort of your own home. Throughout the course, you will receive tutor support, and our helpful customer service is available around-the-clock to help you with any problems you might face while studying the Anti Money Laundering (AML).

What You Get Out Of Studying With Janets

• Free PDF certificate upon successful completion of the course
• Full one-year access to course materials
• Instant assessment results
• Full tutor support available from Monday to Friday
• Study the course at your own pace
• Accessible, informative modules taught by expert instructors
• Get 24/7 help or advice from our email and live chat teams with the training
• Study at your own time through your computer, tablet or mobile device
• Improve your chance of gaining valuable skills by completing the course

Enrol in the Anti Money Laundering (AML) course to find out more about the topic and get one step closer to reaching your desired success

The course is delivered through Janets’ online learning platform. The Anti Money Laundering (AML) has no formal teaching deadlines, meaning you are free to complete the course at your own pace.

Course Modules

ANTI MONEY LAUNDERING (AML) Course Curriculum:

Module 01: Introduction to Money Laundering

• What Is Money Laundering?
• Turning “Bad” Money into “Legitimate” Money
• Money Laundering All Around Us
• How Money Is Laundered
• Why AML Efforts Are Important
• The Three Stages of Money Laundering
• Placement
• Layering
• Integration
• Who Launders Money
• Summary

Module 02: Proceeds of Crime Act 2002

• Introduction
• The Principal Offences Contained in Part 7 of POCA 2002
• The Concealing Offence
• The Arranging Offence
• The Acquisition, Use and Possession Offence
• The Notion of Criminal Property
• Elements of Criminal Property
• The Concept of Knowledge
• The Notion of Suspicion
• Definition for Suspicion
• Suspicion Means the Possibility
• Suspicion Must Be Based on Specific Facts
• Summary

Module 03: Development of Anti-Money Laundering Regulation

• Introduction
• The First Money Laundering Directive
• Terrorism legislation
• The Proceeds of Crime Act 2002 and Serious Organised Crime and money laundering offences under the Police Act 2005
• The Second Money Laundering Directive
• The Third Money Laundering Directive
• The Fourth Money Laundering Directive
• The Fifth Money Laundering Directive
• Summary

Module 04: Responsibility of the Money Laundering Reporting Officer

• What Is A Money Laundering Reporting Officer?
• Who Can be Appointed as an MLRO?
• The Role of The Money Laundering Reporting Officer
• The Safe Harbour and its Limitations
• Matrix Management
• What is an MLRO’s Internal Reporting Procedure?
• What is Contained in the MLRO’s Annual Report?
• Summary

Module 05: Risk-based Approach

• Introduction
• What Is a Risk-Based Approach (RBA)?
• A Risk-Based Approach to Customer Due Diligence (CDD)
• How to Assess the Risk Profile of The Entity
• Client Demographic
• Services and Areas of Law
• How to Assess Client Risk
• Conducting the Client Risk Assessment
• Country/Geographic Risk
• Client Risk
• Variables Impacting Upon Risk
• Summary

Module 06: Customer Due Diligence

• What is Customer Due Diligence?
• Main Elements of a Customer Due Diligence Program
• Enhanced Due Diligence
• Enhanced Due Diligence for Higher-Risk Customers
• Account Opening, Customer Identification and Verification
• Consolidated Customer Due Diligence
• Summary

Module 07: Record Keeping

• The Purpose of Record-Keeping
• What Records Have to be Kept?
• Customer Identification
• Transactions
• Internal And External Reports
• In What Form Should Records be Kept?
• Failure to Keep Records
• Summary

Module 08: Suspicious Conduct and Transactions

• What is Suspicious Activity?
• What Is a Suspicious Transaction?
• Avoiding a National Reporting or Record-Keeping Requirement
• Wire or Fund Transfers
• Insufficient or Suspicious Information by a Customer
• Other Suspicious Customer Activity
• The Identification of Unusual Transactions
• The Types of Events That Might Cause Suspicion
• Summary

Module 09: Awareness and Training

• The Importance of Staff Awareness and Training
• The Core Obligations of Training
• Legal and Regulatory Obligations
• Staff Responsibilities
• Senior Management
• Staff
• Internal Training Procedures
• Training Methods and Assessment
• Summary

Method of Assessment

To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the course.

After successfully passing the course exam, you will be able to apply for a certificate as proof of your expertise.

Certification

All students who successfully complete the course can instantly download their free e-certificate. You can also purchase a hard copy of the certificate, which will be delivered by post for £9.99.

Thecourse is ideal for those who are interested or already working in this sector.

No prior qualifications are needed for Learners to enrol on this course.

This Anti Money Laundering (AML) course will assist you to get your desired job in the relevant field. The course will also progress your career, regardless of your present job status.

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