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£625.41
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Certificate in Anti Money Laundering
- 30 Day Money Back Guarantee
- Completion Certificate
- 24/7 Technical Support
Highlights
On-Demand course
1 hour
Intermediate level
Description
About the Certificate
Participants will investigate what is ML, what constitutes a risk-based approach in dealing with ML and the relevant policies and procedures that may be adopted by a financial institution as part of a coherent AML Strategy. In addition, participants will be provided with an overall assessment of international economic sanctions and how these are valuable tools in combating ML.
The Certificate also offers participants, a practical perspective of how AML attempts have been formally incorporated and have led to the creation of legal frameworks that aim to prevent ML practices.
The knowledge obtained by undertaking this Certificate is an invaluable asset for professionals that seek to enhance their career prospects in AML which is becoming an increasingly significant issue for financial institutions.
This Level 3 Certificate is accredited by the London Institute of Banking & Finance (LIBF) in the UK.
Topics covered
Money laundering methods, techniques, red flags, key risk areas and compliance best practices & checklists
KYC and CDD: Beneficial ownership, money laundering risks in gatekeeper roles, politically exposed persons, and much more
Economic Sanctions and relevant frameworks
Vulnerabilities of Financial Institutions
Legal Framework for AML – A practical perspective
Case Studies and analysis
Expected Learning Outcomes
Identify ML-related risks and dangers that need to be dealt with through a rigid AML strategy
Understand ML risk assessment and management and learn how to design a comprehensive AML risk-based approach
Review the relevant processes and procedures that need to be adopted as part of an AML strategy
Gain a practical perspective through a review of the relevant legal framework that covers AML
Understand the importance of sanctions and how these can be utilised as a tool to combat ML
Format
Register at any time
Study in your own time and at your own pace (you have up to 3 months to complete the Certificate)
Assessed by an online multiple-choice exam
What is included
25 hours of self-paced online interactive learning including analysis of 5 practical case studies
1-year free AGRC membership
Online Exam and AGRC Certificate
Completion Requirements
Success in all the unit tests. Each unit is allocated two, three or four Multiple Choice questions (MCQs). In total 33 MCQs with a pass mark of 70% and an unlimited number of attempts. Each unit test is 10 minutes.
Success in the final test of 40 MCQs for the completion and award of the Certificate in Anti Money Laundering, issued by the Association of Governance, Risk and Compliance (AGRC). The pass mark is 70% and two attempts are permitted. The final test is 60 minutes.
About The Provider
AGRC is a global, non-profit, professional accreditation & certification organisation, as well as a networking platform, that was founded in 2020 and started...
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