Key details
Mode of delivery: Online Course
Course code: AFB75O
Duration: 5 days
Fee: £3,684.00 + VAT
CPD Hours: 30
Course Overview
This course establishes an understanding of money laundering and financial crime prevention. Participants will explore core concepts, the global regulatory landscape, basic risk management principles, and typologies of money laundering. It provides a base for deeper learning in the subsequent week, using real-world scenarios and case studies and tools for detection and compliance.
Agenda
Day — 1 Introduction to AML and the Global Financial Crime Landscape
- Understanding Money Laundering: Definitions, Stages & Typologies
- The Impact of Financial Crime on Economies and Institutions
- International Frameworks and the Role of FATF
Day — 2 Legal and Regulatory Foundations of AML
- Key National and International AML Laws (e.g., BSA, EU Directives, POCA UK)
- Regulatory and Supervisory Bodies – Who Enforces AML?
- Legal Penalties and Enforcement
Day — 3 Understanding the Risk-Based Approach (RBA)
- Principles of the Risk-Based Approach (FATF Guidance)
- Building Risk Profiles for Clients and Transactions
- Risk Scoring, Monitoring, and Case-Based Application
Day — 4 Customer Due Diligence (CDD) and Know Your Customer (KYC)
- Core Components of CDD and KYC
- Customer Identification and Verification Standards
- Enhanced Due Diligence (EDD) for High-Risk Clients
Day — 5 Course Review
- Summary and recap of key learning objectives
- Action Planning
Post-Course
- Three (3) x hour-long Executive Coaching sessions at monthly intervals following Course Completion
Target Audience
- Entry to mid-level compliance professionals
- Financial institution staff responsible for AML/CFT
- Government or regulatory agency officers
- Law enforcement personnel beginning AML-focused roles
- Professionals from high-risk industries such as real estate, import/export, cryptocurrency, or insurance
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Define and distinguish between placement, layering, and integration in money laundering
- Evaluate how financial crime undermines economic stability and institutional integrity
- Interpret FATF’s 40 Recommendations and describe key international AML actors
- Compare major AML laws across jurisdictions and their implications
- Identify regulators and enforcement bodies and their oversight roles
- Analyse high-profile real world AML enforcement cases and derive practical lessons
- Apply RBA concepts to AML decision-making
- Develop customer and transaction risk profiles
- Create and evaluate a simplified AML risk assessment model
- Identify and implement each component of the CDD process
- Conduct effective KYC using reliable sources and methods
- Apply EDD measures to high-risk and complex client profile
Course dates
9th March - 13th March
20th July - 24th July
9th November - 13th November