ANTI-MONEY LAUNDERING

ANTI-MONEY LAUNDERING

This Anti- Money Laundering and Counter Financing of Terrorism course seeks to equip participants with knowledge pertaining to regulatory and structural requirements needed to comply with Anti-Money Laundering/Counter Financing of Terrorism requirements.


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Fully through elearning.

Laptop or Smart Phone

+- 250Mb

Online QUIZ.

80%

Free

Instant PDF download.

3100

CONTENT

  1. INTRODUCTION TO MONEY LAUNDERING
    • MONEY LAUNDERING HISTORY
    • KEY TAKEAWAYS
    • MONEY LAUNDERING A MASSIVE PROBLEM
    • REGULATION REQUIREMENTS
  1. ANTI-MONEY LAUNDERING LEGISLATION AND REGULATORY FRAMEWORK
    • INTRODUCTION
    • UNITED NATION CONVENTIONS
    • ANTI-MONEY LAUNDERING LEGISLATION IN THE UK
  1. ANTI-MONEY LAUNDERING ORGANISATIONS RESPONSIBILITIES
    • LEARNING OBJECTIVES
    • COMPANY COMPLIANCE
    • Money Laundering Reporting Officer (M.L.R.O)
    • EMPLOYEE SCREENING
    • EMPLOYEE RESPONSIBILITIES
    • ANTI-LAUNDERING POLICIES
  1. ANTI-MONEY LAUNDERING RISK BASED APPROACH
    • COMMON TERMINOLOGY USED
    • TYPES OF BUSINESS TO BE IDENTIFIED
    • YOUR CUSTOMERS
    • LOCATION
    • SECTOR
    • DEVELOPING A RISK BASED APPROACH.
  1. CUSTOMER DUE DILIGENCE
    • CUSTOMER DUE DILIGENCE
    • SITUATIONS TO APPLY TO
    • CUSTOMER IDENTIFICATION OF BENEFICIAL OWNERS
    • CUSTOMER DUE DILIGENCE MEASURES
    • ENHANCED DUE DILIGENCE (E.D.D.)
    • SIMPLIFIED DUE DILIGENCE (S.D.D.)
    • POLITICALLY EXPOSED PERSONS (P.E.P.
    • RECORD KEEPING
    • HIGH RISK COUNTRIES
    • AML vs. KYC
  1. RECORD KEEPING
    • COMMON TERMINOLOGY USED
    • DUE DILIGENCE RECORDS
    • SUSPICIOUS ACTIVITY REPORTS (S.A.R.)
    • TRAINING RECORDS AND AWARENESS
    • GENERAL RECORDS OF INTERNAL A.M.L. CONTROLS
    • USE OF ELECTRONIC DATA
    • DELETION OF PERSONAL DATA
  1. IDENTIFYING AND REPORTING SUSPICIOUS ACTIVITY
    • IDENTIFYING SUSPICIOUS ACTIVITY
    • SUSPICIOUS ACTIVITY REPORTING
    • INCLUDED IN EXTERNAL SAR
    • CONFIDENTIALITY
    • CONSENT NEEDED
    • BUSINESS OPERATION AFTER SUBMISSION OF SAR
    • REPORTING SUSPICIOUS ACTIVITY
    • WHISTLE-BLOWING
  1. STAFF TRAINING
    • RELEVANT BUSINESS
    • TRAINING PROGRAMS
    • TRAINING REQUIREMENTS
    • NOMINATED OFFICER
    • WHEN TO TRAIN
    • WHEN SHOULD TRAINING BE COMPLETED?
    • CPD TRAINING