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

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 Money Laundering Prevention Professional (CMLP).

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

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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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