This Anti-Money Laundering Course will discuss the important issue of anti-money laundering and why this is essential for firms at risk of this type of crime. The course will cover a range of modules and provide multiple examples for assessment. So if you are keen to learn about the principles and approaches to anti-money laundering then take the Anti-Money Laundering course today.
The Anti-Money Laundering Course is split into the following modules:
Module One: Introduction to Money Laundering
- What is Money Laundering?
- Methods of Money Laundering
- Why Launder Money?
Module Two: Anti-Money Laundering Legislation and Regulatory Framework
- United Nations Conventions
- Anti-Money Laundering Legislation in the UK
Module Three: Anti-Money Laundering Responsibilities
- What is a Money Laundering Reporting Officer?
- MLRO Responsibilities
- Employee Responsibilities
- Responsibilities of the ‘Relevant Person’
Module Four: Risk Based Approach (RBA)
- Risk Based Approach (RBA)
- Examples of a Risk
- Sanctioned Customers and Businesses
- Developing a Risk Based Approach
Module Five: Customer Due Diligence
- Customer Due Diligence and Legislation
- When to Apply Customer Due Diligence
- Customer Due Diligence Measures
- Inability to Apply Customer Due Diligence
- Enhanced Customer Due Diligence
Module Six: Record Keeping Requirements
- Which Records Are Kept?
- Types of Records
- Formats of Records
- Due Diligence Records
- File Notes
- Destroying Records
Module Seven: Identifying and Reporting Suspicious Activity
- Identifying Suspicious Activity
- Suspicious Customers
- Reporting Suspicious Activity
- Suspicious Activity Report
Module Eight: Staff Training
- Staff Training Legislation
- Staff Training Topics
- How to Train Staff
To assess the learners ability and knowledge to effectively understand the topics contained within the Anti-Money Laundering Course, the course features a number of end of module interactive quiz questions.
Additionally, at the end of the course learners will also take an online multiple choice assessment test. This online multiple choice test is marked automatically so you will receive an instant grade and know whether you have passed the course.
On successful completion of this Anti-Money Laundering Course learners will receive a CPD Certificate of Achievement award from Oplex Careers.
This certificate will be produced in PDF format, hard copies of the certificate will be available at an additional fee of £9.99.
This course is delivered online through eLearning. Learners of the course will receive instant access to our interactive student learning portal, which offers 24/7 access to the Anti-Money Laundering Course.
The online Anti-Money Laundering Course requires 60 hours to complete the course in full. This is only a guide to the learning hours required and it depends on how quickly an individual can absorb the information. The learning is online so it can be spread out over multiple sessions or done in one session.
Learners will have access to this course for up to 12 months from the date of joining. There is no time limit to complete the course during this period.
When you are studying a course it is always useful to know that you have the help and support of tutors that want you to succeed in your studies.
As part of the Anti-Money Laundering Course you will receive access to our dedicated tutor support service. The academic tutors will be able to provide you with unlimited online email support to help answer any questions that you may have whilst you are studying the course.
Our Anti-Money Laundering Course is fully compatible with PC’s, Mac’s, Laptop, Tablet and Smartphone devices.
We know that more and more people are using the web whilst they are on the move, so we have designed this Anti-Money Laundering Course to be fully compatible across tablet and smartphone devices. You will be able to access the same content from the course, just over a 3G or 4G network whilst on the move.
Questions and answers
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Can I get a certificate after completion this course ?
Hi, Thanks for getting in touch. Yes, once you have successfully completed your course and online Final Assessment, our team will process and send your CPD Accredited Certificate to you. This can be used to support job applications and can be added to you Professional Portfolio. Once you have registered onto your course, our team receive your order then send over your login details to get started right away. Hope this helps.This was helpful. Thank you for your feedback.
Hi, Is this course for beginners or specifically newbies to KYC/AML?
Hi Kay, This AML course is perfect for beginners and newbies. This course is CPD Accredited which is training related to professional development and is recognised by employers across the UK. Many of our learners use this course and certificate to support job applications as well as helping them move into further training required by their employer. Once you have registered onto your course, our team receive your order then send over your login details to get started right away.This was helpful. Thank you for your feedback.
Hi, how many tries a student can have to pass the assessment questions/quizes at the end of the course if failed? Thanks, Rashid
Hi, Thanks for getting in touch. With our Exam Pass Guarantee you can retake the exam until you reach a grade you are happy with. Once you have registered onto your course, our team receive your order then send over your login details to get started right away. Hope this helps.This was helpful. Thank you for your feedback.
Nikki F asked:
How are students assessed? Is it an essay based exam or is it multiple choice or something else?
The course assessments take form in a multiple choice style of questioning. Once you have studied the course in its entirety you will take a final assessment test which will form your complete grade for the course.This was helpful. Thank you for your feedback.
Hi Are both KYC and AML the same sort of job.
HI Lolly, this Anti-Money Laundering Course covers the aspects of Know Your Client (KYC), so when taking this course you will learn core KYC principles.This was helpful. Thank you for your feedback.
Hello, can anyone anywhere in the world take this course, and is the certificate internationally accepted? For example if im in seychelles?
This course can be studied anywhere in the world. As the course is online you can study the course anywhere, all you need is an internet connection. The course is CPD Accredited so upon completion you receive a CPD Certificate, which is recognized internationally. The AML course covers UK regulations specifically, so if you are happy to learn this then you are more than welcome to study this course.This was helpful. Thank you for your feedback.
Syed Saulat asked:
Will this course help me to find any jobs in financial sector related to aml specialist or not.this course similar with ICA in terms of credentials??
Hello Syed, The course covers AML across various levels. We've had many people working for banks, accountancy firms and finance organisations purchase this course and add it to their CV. I hope that helps. You can enrol onto this course through reed and we will send you the course access straight away. If you have any other questions just let us know. Have a great day. Thanks Oplex Careers TeamThis was helpful. Thank you for your feedback.
Shahbaz Gul asked:
what happened to the courses i purchased in january and i could not use the course due to ilhhealth
It would be best to get in touch with our team and we can look into helping you get started with your course as you are now ready to continue with your course. Looking forward to hearing from you soon. RegardsThis was helpful. Thank you for your feedback.
Bradley Greenaway asked:
One Big Question: I’ve had a bad credit rating and I’ve been to court for rent arrears can I still apply for this role. I know it’s hot on C.ratings?
Hi Bradley, There are no restrictions on starting the course. Simply register and enrol online and our team will send your details to get started right away. Hope this helps.This was helpful. Thank you for your feedback.
Is this course suitable for those from a non-finance background who want to change career paths?
Yes great choice of course to start off with! The course will introduce key topics starting from Level 1 information, and will then progress up to the Level 3 information. Once you have finished our team will process and send your accredited certificate which will state the Level 3 CPD award. ThanksThis was helpful. Thank you for your feedback.
Hi Is there a level 1 and 2 which need completing prior to level 3? Regards
You can enrol straight onto the level 3 AML course. There is no need to study level 1 and 2. I hope that helps. The course is a CPD Certification which is a fantastic certificate to gain on your CV. You will learn a great deal of theory on the course which you can apply to real work life situations.This was helpful. Thank you for your feedback.
Hi Would you be able to purchase past paper questions?
The past questions are included in the course. You will have access to previous questions as part of the mock assessment. This is all included in your course fee.This was helpful. Thank you for your feedback.
Colin M asked:
Hi After successfully completing the course what, if any, qualification do you have? Regards
Hi, Once you have successfully completed your online Final Assessment, our team will process and send your accredited certificate via email. This can be used to add to your CV and professional portfolio. This course is CPD Accredited which is training related to professional development, many of our learners use this course and certificate to support job applications as well as helping them move into further training required by their employer. Hope this helps. ThanksThis was helpful. Thank you for your feedback.
Sharna Canaii asked:
Is the course certification a known and recogisable qualification my instutions?
Hi, Thanks for getting in touch. This course is CPD Accredited which is training related to professional development and is recognised by schools and employers across the UK. Many of our learners use this course and certificate to support job applications as well as helping them move into further training required by their employer. Once you have registered onto your course, our team receive your order then send over your login details to get started right away. Hope this helps.This was helpful. Thank you for your feedback.
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