Anti-Money Laundering eLearning

Learning Styles

Overview

This module covers the legal and regulatory requirements of Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Counter Proliferation Financing (CPF) as they apply to staff at an introductory level.

The module provides all staff with the awareness and core understanding they need, and it is expected that specific requirements for defined roles or risk levels will be covered by further training.

The AML Awareness eLearning module focuses on the AML,CTF and CPF risks as they apply to financial services companies, and within that framework, it is agnostic in terms of specific types of business.

This module can also be tailored to your specific regulatory jurisdiction and business activities.

In addition to our Global AML module, the following regulatory jurisdiction-specific versions available include:

United Kingdom (UK)
- Financial Conduct Authority (FCA)
UAE
- Dubai Financial Services Authority (DFSA)
- Central Bank of the UAE
Saudi Arabia
- Capital Markets Authority (CMA)

Who is this for?

This AML module is suitable for employees who require an introduction to Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF).

Course Details

Money Laundering, Terrorist Financing & Sanctions
- Why are AML, CTF and CPF important?
- What are the risks associated with AML, CTF, CPF and sanctions?
- What do financial crime risks mean to you?
Laws and Regulations
- The relevant laws and regulations
- Penalties for getting it wrong – enforcement cases
- What it means for you
Onboarding and Monitoring Customers
- The risk-based approach
- Customer Due Diligence
- Standard and Enhanced Due Diligence (CDD)
- Ultimate Beneficial Owners (UBOs)
- Politically Exposed Persons (PEPs)
- Sanctions risk
- Ongoing monitoring
- Record keeping
- What it means for you
Reporting Suspicious Activity
- Key obligations in relation to suspicious activities
- Identifying and reporting suspicions (including red flags)
- Tipping off
- What it means for you