Anti Money Laundering Fundamentals

A guide to basic concepts essential for those looking for a career or to develop their skills in AML Compliance

Last updated 2022-01-10 | 4.2

- Basic concepts needed in the AML and compliance field
- Methods of Money Laundering
- Risks of Money Laundering and its impact on the global economy

What you'll learn

Basic concepts needed in the AML and compliance field

Methods of Money Laundering

Risks of Money Laundering and its impact on the global economy

Business sectors and high-risk bank products and services vulnerable to money laundering

Global regulations on AML and combating terrorist financing (CFT)

* Requirements

* Device with basic video viewing capability

Description

This course on Anti-Money Laundering Fundamentals is designed to provide candidates with a basic knowledge of concepts such as the methods and risks of money laundering, which are essential for those looking to start a career or develop their skills in the AML and compliance field.

It is comprised of three modules: Methods of Money Laundering, Risks of Money Laundering and the Global Regulations on AML and Combating Terrorism Financing (CFT). At the end of each module, there is a quiz designed to test your knowledge on the topics covered.

Additionally, this course provides the necessary foundation to pursue the prestigious CAMS certification, which is considered the gold standard in AML certifications and recognized by financial institutions and regulators around the world.

Who this course is for:

College/University graduates who aspire to work as AML analysts in a bank’s AML Compliance department
Banking professionals who currently work in areas other than AML and compliance and seek to take up a role in those departments
AML staff who wish to advance their knowledge on AML fundamentals and relevant global laws and regulations