Certificate in Anti-Financial Crime Compliance

Enroll in the Certificate in Anti-Financial Crime Compliance and take your Anti-Financial Crime Career to the next level!

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Course Description

Financial crime is generally defined as any activity involving fraudulent or dishonest behavior for personal financial gain. Financial crime refers to all crimes committed by an individual or a group of individuals that involve taking money or other property that belongs to someone else to obtain financial or professional gain. The two most significant types of financial crime are money laundering and the financing of terrorism.

Financial crime is a significant ongoing challenge for banks, institutions, and individuals. As regulators and financial authorities introduce new strategies to detect and prevent financial crime, criminals develop more sophisticated methodologies to evade legal scrutiny and commit offenses, including fraud, money laundering, and the financing of terrorism. Financial institutions are also expected to participate in the fight against financial crime by ensuring compliance with the authorities’ regulations at the risk of potentially severe penalties.

This certificate program is a professional training with four modules that cover core concepts of financial crime and the anti-financial crime framework and programs developed and implemented in organizations to prevent financial crime. Financial crime risk assessment and evaluation process are also covered in this course.

What You Will Get From This Course

In-demand Skills

Gain the relevant knowledge to ensure that you are supporting your firm and progressing your career.

Career Credential

Get a certificate from the FCA Financial Crime Academy.

Flexibility

Study on-demand and at your own time and pace, regardless of where you are in the world with this flexible online course.

Global Community

Get access to our exclusive LinkedIn group with 1,500+ like-minded professionals and experts.

Course Material

Download supplementary course material such as the comprehensive course study guide.

Quiz Questions

Test your knowledge with multiple-choice questions and determine which skills you have mastered!

Course Overview

Learning Objectives

Understand what financial crime is and identify different types of financial crime in practice
Comprehend on financial crime perpetrators and their motives
Acquire practical knowledge on risks and threats related to financial crime
Understand financial crime in conjunction to so-called cross-over crimes
Understand how organizations can prevent financial crime in practice
Get acquainted with key organizational governance principles and functions that are crucial for financial crime prevention
Learn the steps that organizations take in practice to prevent financial crime risks from materializing
Understand the organizational financial crime risk prevention measures
Acquire practical insight in how to handle financial crime incidents

Target Audience

Compliance professionals that want to acquire a solid understanding of financial crimes
Risk management professionals that want to effectively manage financial crime risks
Internal auditors that seek to mitigate gaps related to an organization’s financial crime framework
Fraud examiners that require a foundational overview about financial crimes

Requirements

For participating in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.). You will need no previous knowledge in compliance or anti-financial crime, although this is helpful. A background in business, legal, or finance might also be beneficial but is not required.

Learning Method

This Certification Program is presented entirely online. Modules can be completed in your own time and at your own pace. This interactive, supportive teaching model is designed for busy professionals and results in unprecedented certification rates for Certification Programs.

Course Curriculum

Introduction to the Program

Introduction to the Program

Module 1: Introduction to Financial Crime

Introduction to This Module
What is Financial Crime?
Overview of Different Types of Financial Crime
Who Commits Financial Crime
Why do People Commit Financial Crime?
Financial Crime Risk and Threats Inside and Outside Organizations
Case Study – Financial Crime Risks in Practice
Module Summary
Multiple Choice Quiz

Module 2: Financial Crime in Context

Introduction to This Module
Financial Crime and Cross-Over Crimes
Types of Financial Crime: Fraud
Types of Financial Crime: Cybercrime
Types of Financial Crime: Money Laundering
Types of Financial Crime: Terrorist Financing
Types of Financial Crime: Market Abuse and Insider Trading
Types of Financial Crime: Other Cross-Over Crimes, such as Human Trafficking, Wildlife Trafficking, and Forestry Crime
Case Study: Financial Crime Example with Other Cross-Over Crimes
Module Summary
Multiple Choice Quiz

Module 3: Anti-Financial Crime Compliance Framework

Introduction to This Module
What is an Anti-Financial Crime Compliance Framework
Core Components of the Anti-Financial Crime Program
Key Governance Principles in Anti-Financial Crime Compliance
Relevance of Internal Controls and Control Functions for the Prevention of Financial Crime
Anti-Financial Crime Committee and its Roles and Responsibilities
Roles and Responsibilities of the Anti-Financial Crime Function
Case Study: Design of the Anti-Financial Crime Compliance Framework in Practice
Module Summary
Multiple Choice Quiz

Module 4: Implementation of the Anti-Financial Crime Compliance Framework

Introduction to This Module
Planning and Performing Periodic Financial Crime Reviews
Identification of Financial Crime Risks in Organizations
Performing Risk Assessment and Root-Cause Analysis of Financial Risks
Investigation of Financial Crime Incidents
Ongoing Financial Crime Risk Monitoring
Case Study: Implementation of the Anti-Financial Crime Compliance Framework in Practice
Module Summary
Multiple Choice Quiz

Final Assessment

Final Assessment

Completing the Program

Completing the Program

Certification Track

Complete all courses of the certification track to become a Certified Anti-Financial Crime Professional (CFCP).

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What our students are saying

Highly recommended!

I liked it a lot. The topics were logically arranged. The presentation was straightforward. It was delivered in a manner that is easy to understand. The practical assessments every end... Read More

Great introductory course to Anti money laundering

Great introductory course to Anti money laundering. Both the course and the material are well structured and the instructor managed to share his knowledge on the subject... Read More

The conception and explanation are so clear even for the beginner level

I'm impressed! The conception and explanation are so clear even for the beginner level, thanks for extra PDF materials to each section. Glad I purchased 2 more courses at the... Read More

Ultimate Guide to Anti-Money Laundering & AML Compliance

This course was a excellent course and I learned so much and the course enlighten my understanding with Guide to Anti-Money Laundering and AML Compliance... Read More

Frequently Asked Questions

What are the requirements to take the courses?

All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, a smartphone or table, and a stable internet connection.

Can I download course files and resources for the course?

Absolutely! All the files (including study guide, audiobook, course slides, etc.) in a course are available for download. Just look for a module that shows the files within a course.

How long do I have to complete the courses?

You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines.

Are there any additional fees or costs?

None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.

What currency are your courses priced in?

All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.

How do I earn my certificates?

Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 60% passing grade.

How are the exams conducted?

Students are required to complete an online assessment (mostly multiple choice questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 60% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need.

Can I email the instructor if I have questions?

While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.

Will these courses help me advance my career?

Based on hundreds of reviews from thousands of students we know how the Financial Crime Academy’s courses have helped so many people advance their anti-financial crime, compliance, and risk management careers. Our courses are designed to teach in-demand skills and relevant background knowledge of subject matter expertise needed in practice.

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