Certificate in Anti-Money Laundering and Counter-Terrorist Financing

Enroll in the Certificate in Anti-Money Laundering and Counter-Terrorist Financing and take your Anti-Money Laundering Career to the next level!

Preview this course

Course Description

Over the last 30 years, international efforts to curb money laundering and the financing of terrorism have increased due to the crippling effects they have on the global economy and the assistance they provide in the proliferation of criminal and terrorist organisations.

In July 2017 the G20 called on all countries to shut down alternative sources of financing of terrorism and for Fintech, Financial Units and Banks to focus their efforts to develop new tools and technologies to track illicit financial flows. The support from the G20 has reinforced the Financial Action Task Force’s (FATF) work in countering money laundering and terrorist financing by strengthening its institutional basis and empowering the President’s role while interacting with member countries and stakeholders.

Because this topic is currently so crucial, this online training is a great method for professionals to raise their knowledgeable about financial crime, preventing money laundering, and terrorist financing.

This advanced training certificate program has seven modules that cover fundamental ideas in money laundering and terrorism financing, as well as how they are applied in real-world situations and how they relate to cryptocurrencies. Regulations, compliance programs, customer due diligence, know your customer, handling suspicion, and reporting suspicious activities are also covered. As you complete this course, this certificate program will, in the end, deepen your existing knowledge and offer you a thorough comprehension of these areas.


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

  • Explain the terms money laundering and terrorist financing and mechanics
  • Exemplify various common and uncommon methods of ML and TF cross-industry
  • Discuss the negative consequences of money laundering and terrorist financing at large
  • Understand the differences between money laundering and terrorist financing
  • Explain why and how AML regulation became a priority on the global political agenda
  • Identify relevant international standard-setters in the field of anti-money laundering
  • Demonstrate an understanding of AML regulation in the EU and US
  • Build an effective AML Compliance Program to better protect organizations
  • Understand additional relevant terms and concepts that are commonly used in practice
  • Discuss how cryptocurrencies are used for financial crimes, including money laundering
  • Understand Suspicious Activity Reports (SARs) in the context of Anti-Money Laundering
  • Identify sources for suspicious activity and related red flags

Target Audience

  • Professionals wanting to acquire and demonstrate expertise and specialized knowledge in AML/CTF and Compliance
  • Professionals wanting to increase their value through an advanced and comprehensive understanding of AML and Compliance
  • Professionals wanting to build meaningful AML and Compliance knowledge to be used effectively in organizational AML/CTF and compliance practice
  • Career starters and students wanting to get an edge in AML and Compliance

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: Money Laundering and Terrorist Financing Foundation

  • Introduction to This Module
  • What is money laundering?
  • A brief history of money laundering
  • The three stages of money laundering
  • Consequences of Money Laundering
  • What is Terrorist Financing?
  • The Four Stages of Terrorist Financing
  • Similarities and differences between ML and TF
  • Module Summary
  • Multiple Choice Quiz

Module 2: Money Laundering and Terrorist Financing in Practice

  • Introduction to This Module
  • Money Laundering using Financial Businesses
  • Money Laundering using Non-Financial Businesses
  • Trade-based Money Laundering
  • Black Market Peso Exchange
  • Examples of terrorist financing
  • Module Summary
  • Multiple Choice Quiz

Module 3: Money Laundering and Financial Crime using Cryptocurrencies

  • Introduction to This Module
  • What is a Blockchain and how does it work?
  • What are Cryptocurrencies
  • Why cryptocurrencies are interesting for criminals
  • The five most relevant cryptocurrencies for criminals
  • Cryptocurrency money laundering methods
  • Module Summary
  • Multiple Choice Quiz

Module 4: Selected AML/CTF Regulation

  • Introduction to This Module
  • Introduction to AML and CTF
  • Emergence of international AML and CTF Regulation
  • Relevant organizations and standard-setting bodies
  • The most important AML and CTF regulation in the US
  • The most important AML and CTF regulation in the EU
  • Consequences of Non-Compliance
  • Module Summary
  • Multiple Choice Quiz

Module 5: Money Laundering and Financial Crime using Cryptocurrencies

  • Introduction to This Module
  • Risk-Based Approach
  • AML/CTF Compliance Program
  • Step 1 – Organizational Environment
  • Step 2 – AML/CTF Risk Assessment
  • Step 3 – Organizational Measures
  • Module Summary
  • Multiple Choice Quiz

Module 6: Customer Due Diligence and Know Your Customer

  • Introduction to This Module
  • Customer Due Diligence (CDD) and Know Your Customer (KYC)
  • Types of Customer Due Diligence
  • Politically Exposed Persons (PEPs)
  • AML/CTF Screenings and Monitoring
  • Module Summary
  • Multiple Choice Quiz

Module 7: Dealing with Suspicion and Filing Suspicious Activity Reports

  • Introduction to This Module
  • Introducing Suspicious Activity Reports
  • Sources for identifying suspicious activity
  • Red Flags and atypical customer behavior
  • Organizational considerations
  • SAR decision-making process
  • Determining suspicious activity
  • SAR Timing
  • Confidentiality of SARs and Tipping Off
  • Documentation requirements
  • Module Summary
  • Multiple Choice Quiz

Final Assessment

  • Final Assessment


Certification Track

Complete all courses of the certification track to become a Certified Anti-Money Laundering Professional (CAMP).

Fca012 Certificate In Aml Ctf Suspicious Activity Reports
Fca003 Certificate In Counter Terrorist Financing
Fca001 Certificate In Anti Money Laundering And Know Your Customer Foundations
Fca008 Certificate In Anti Money Laundering And Counter Terrorist Financing
Certificate In Anti Money Laundering Foundations

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 FCA courses officially accredited?

Yes, FCA is accredited by the CPD Standards Office® (CPD) to maintain training standards.

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.

More Questions?

Email us and we'll be happy to answer any of your questions.

15 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the Certified Anti-Money Laundering Professional (CAMP) program.

15 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the Certified Anti-Money Laundering Professional (CAMP) program.

Learn In-Demand Skills with On-Demand Courses

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