Introduction to Anti-Money Laundering
Upon completion of this course, you will understand:
- key Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) issues;
- what laws and regulations create AML obligations, and how they are similar internationally;
- various methods of money laundering, as well as areas and services that are especially useful to money launderers;
- key AML areas, such as AML controls and compliance, as well as risk factors that could be considered as part of a risk-based approach.
This curriculum consists of 8 modules:
- 1. Money laundering and its impact
- 2. Historical background
- 3. Legal basis for AML and counter terrorist financing
- 4. Stages of money laundering
- 5. Risk factors
- 6. Exposure to terrorist financing and politically exposed persons
- 7. AML controls
- 8. Risk-based approach
Further information:
- Training hours: 2.5 hours
- Language: English
