Anti-Money Laundering (AML)& Financial Crime

Learn the essential skills and knowledge to combat money laundering and financial crime in today’s complex financial landscape. This comprehensive online course will equip you with the expertise needed to pursue a rewarding career in AML and financial crime prevention. Whether you’re new to the field or looking to advance your existing career, this course provides a solid foundation and a clear career path in this critical area of finance.

What you’ll learn:

Module One – Introduction to Financial Crime and Money

Laundering

• Financial crime

• What is money laundering

• The financial sanctions list

• The Financial Conduct Authority

• Enforcement and sanctions

• The Joint Money Laundering Steering Group

• Scams

Module Two – The Money Laundering Regulations

• Supervisors

• Registered businesses

• The 5th and 6th money laundering directives

• The MLCP and MLRO

• Vetting, training and reporting

Module Three – UK Anti-Money Laundering Law

• The Money Laundering Regulations

• The Criminal Finances Act 2017

• The Economic Crime (Transparency and Enforcement) Act 2022

• Record keeping, investigation and training

Module Four – The Proceeds of Crime Act, the Terrorism Act and

the Bribery Act

• The Proceeds of Crime Act 2002

• The Terrorism Act 2000 and fundraising

• Tipping off and failing to disclose

• The Bribery Act 2010

Module Five – Client Identification

• Individual and company identification

• Simplified Due Diligence and Enhanced Due Diligence

• Politically Exposed Persons (PEPs)

Career Path:

Upon completing the Anti-Money Laundering (AML) & Financial Crime course, you’ll be well-equipped to pursue a career in this field. Here’s a suggested career path:

1. AML Analyst: Start your career as an AML analyst, where you’ll be responsible for conducting investigations, reviewing transactions, and ensuring compliance with AML regulations.
2. Compliance Officer: Progress to a compliance officer role, where you’ll oversee the AML program within a financial institution, ensuring that all policies and procedures are followed.
3. AML Manager: With experience, you can become an AML manager, supervising a team of analysts and playing a key role in developing and improving AML programs.
4. AML Investigator: Specialize as an AML investigator, focusing on complex cases and collaborating with law enforcement agencies to combat financial crimes.
5. AML Director: Reach the highest levels of AML management, leading the strategic direction of AML programs within large financial institutions.
6. Consultant or Trainer: Transition into consulting or training roles, where you can help other organizations enhance their AML practices and train their staff.
7. Certifications: Throughout your career, pursue relevant certifications such as Certified Anti-Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE) to enhance your credentials.