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!
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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
- 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
- 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
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.
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 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
- 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
- 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
- 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
- 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
- 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
- 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
What our students are saying
Certification Track
Complete all courses of the certification track to become a Certified Anti-Money Laundering Professional (CAMP).
Frequently Asked Questions
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.
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.
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.
Yes, FCA is accredited by the CPD Standards Office® (CPD) to maintain training standards.
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.
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.
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.
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.
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.
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.
Email us and we'll be happy to answer any of your questions.
15 Learning Hours
Downloadable Resources
Access on Mobile and TV
Certificate of Completion
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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
Downloadable Resources
Access on Mobile and TV
Certificate of Completion
Share
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.
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