Financial Crime Prevention And Anti-Money Laundering AML (Advance)

by London Business Training Consulting (LBTC) Claim Listing

This course sets out to describe and explain the essential elements of the international work towards the eradication of financial crime in connection with money laundering and the financing of terrorist activities.

£5715

Contact the Institutes

Fill this form

Advertisement

London Business Training Consulting (LBTC) Logo

img Duration

2 Weeks

Course Details

This course sets out to describe and explain the essential elements of the international work towards the eradication of financial crime in connection with money laundering and the financing of terrorist activities.

It defines money laundering and terrorist financing, as well as identifies the broad parameters for knowing one’s customer, no matter which industry.

The course also identifies the three stages of money laundering and how they can be used in a customer due diligence (CDD) program. It outlines the main regulatory and standard-setting organizations, including their background and work domain. It also contrasts and compares key AML regulation from the US, the EU and the UK.

This course goes in-depth with two complicated areas of AML work and encourages participants to adopt tried and tested measures for their discovery and management.

It analyses how domestic and international trade is being subverted by money laundering activities and how serious a threat this is.

The course also classifies techniques used to conceal the true origin and beneficial ownership of assets and invites a critical analysis of the vulnerabilities that are exploited.

It distinguishes between the major components of the risk-based approach and requires a critical eye to establish how they differ. It also develops an actionable AML plan in alignment with the Financial Action Task Force (FATF) and based on its five pillars.

The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.

 

Learning Outcomes:

Upon completion of this course, you will be able:

  • To be able to distinguish between various forms of money laundering and terrorist financing activities.
  • To explain how money laundering can be identified through the use of well-designed customer due diligence programmes.
  • To outline how the work at the Financial Action Task Force is organized and how it influences AML activities around the world.
  • To generalise and compare main global AML regulation with one another.
  • To judge whether TBML-based activities are being adequately contained given current regulations.
  • To summarize the techniques used and vulnerabilities exploited in asset concealment activities.
  • To appraise the risk-based approach and its component parts for AML efficacy.
  • To design an own AML program based on the FATF five-pillar model.
  • To implement an Action Plan at your workplace using the knowledge and skills acquired through the course.

 

  • London Branch

    One Lyric Square, Hammersmith, London

Check out more AML (Anti-Money Laundering) courses in UK

Insight Training Logo

Anti-Money Laundering And GDPR Updates

Anti-Money Laundering and GDPR Updates course is offered by Insight Training. All our programmes are tailored specifically to the client’s needs and combine the topics most relevant to their people.

by Insight Training [Claim Listing ]
CCTD (Centre for Capacity Training and Development) Logo

Accountability, Transparency & Ethics (Ani-Corruption & Fraud Prevention Strategies)

Accountability, Transparency & Ethics (Ani-Corruption & Fraud Prevention Strategies) is designed for senior secretaries, executive secretaries, personal assistants and top-level management secretaries aiming to improve their performance and maximise opportunities.

by CCTD (Centre for Capacity Training and Development) [Claim Listing ]
LEORON Institute UK Logo

Certified Anti-Money Laundering Specialist

The Certified Anti-Money Laundering Specialist (CAMS) designation denotes a superior level of understanding of international AML/CFT principles. Passing the CAMS examination distinguishes you as an AML/CFT authority and helps mitigate institutional financial crime risks.

by LEORON Institute UK [Claim Listing ]
Clearly Financial Markets Professional Training Logo

Anti Money Laundering

Anti Money Laundering training is offered by Clearly Financial Markets Professional Training for all skill level. Clearly Financial Markets provide a wide range of courses for our clients.

by Clearly Financial Markets Professional Training [Claim Listing ]
KYC Lookup Logo

KYC Online Course

Our KYC online courses are clear and easy to follow and can be taken at your own pace. These courses will give you the knowledge and understanding that is needed to push you to the next level.

by KYC Lookup

© 2024 coursetakers.com All Rights Reserved. Terms and Conditions of use | Privacy Policy