Key details
Mode of delivery: Online Course
Course code: AFB73O
Duration: 3 days
Fee: £2,204.00 + VAT
CPD Hours: 18
Course Overview
This course offers an overview of Anti-Money Laundering (AML) and the global financial crime landscape, exploring key concepts, typologies, and the impact of financial crimes on economies. It covers international frameworks such as FATF, national laws like BSA, EU directives, and POCA UK, along with the roles of regulatory authorities. Participants will learn about the principles of a risk-based approach, including client and transaction risk profiling, monitoring, and case applications, enabling them to effectively identify and mitigate financial crime risks.
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
Course Review
- Summary and recap of key learning objectives
- Action Planning
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
- 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
Course dates
Categories
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