International AML Officer Certificate
Overview
This highly interactive workshop leads participants through an introduction to financial crime compliance and includes:
- Expert delivery by a highly experienced presenter with more than 30 years of experience in the field of financial crime compliance
- Case studies discussed in both plenary and in break out groups
- Lessons to be learned from major ongoing AML investigations
- Assessment and discussion of new developments in financial crime compliance regulatory and other areas.
- An online assessment leading to a certificate of achievement.
The workshop has been endorsed by the Chartered Institute for Securities & Investment (CISI) and designed by Anti-Money Laundering Professionals, Compliance Officers, and former Regulators. Being a workshop style programme, relevant case studies are utilised throughout.
The programme will provide participants with the practical skills and knowledge required to carry out the prevention and detection of Financial Crime including those relating to Anti-Money Laundering and the countering of terrorist financing, in line with international standards.
Who is this for?
The certificate programme is ideal for all participants who seek understanding of the growing significance of the risks of Financial Crime, heightened regulation and the need for Compliance, including:
- Anti-Money Laundering and Fraud Prevention Officers
- Personnel responsible for the supervision of prevention and detection systems and controls in relation to Financial Crime including Anti-Money Laundering and Fraud Prevention
- Compliance professionals
- Regulators
- Legal, Audit, Risk specialists
Course Details
Session 1
- What is Financial Crime?
- Why Financial Crime Compliance matters
- The underlying rules and regulations (international and local)
- Compliance roles and responsibilities
- Conduct
- Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF)
- How Money Laundering works
- Typical examples and red flags
- The control cycle
- Risk methodology and assessment
- Why risk matters
- Risk factors including geography, product and industry
- Key characteristics of a risk assessment
Session 2
- Onboarding clients
- The Client Due Diligence (CDD) process overview
- Getting to Know Your Customer (KYC)
- PEPs
- Unwrapping
- Screening: sanctions and negative news
- Client Monitoring
- KYC reviews
- Transaction monitoring
- Suspicious Activities
- What is suspicion
- Types of suspicious activities
- The role of the MLRO
- Reporting and the FIU
Session 3
- Fraud
- What is fraud
- External fraud
- Internal fraud
- Fraud detection and prevention
- Anti-bribery and Corruption
- Social impact of bribery
- Rules and regulations
- Red flags
- Sanctions
- The purpose of sanctions
- Rules and regulations
- Red flags
- The control cycle
This programme is supported by a suite of case studies and exercises.
Delivery
Firms with more than 5 staff to train have the flexibility to deliver training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.
