Advanced Financial Crime Prevention and Anti-Money Laundering AML (3-days)

This course offers an overview of Anti-Money Laundering (AML) and the global financial crime landscape, exploring key concepts, typologies, and the impact of financial crimes on economies. It covers international frameworks such as FATF, national laws like BSA, EU directives, and POCA UK, along with the roles of regulatory authorities. Participants will learn about the principles of a risk-based approach, including client and transaction risk profiling, monitoring, and case applications, enabling them to effectively identify and mitigate financial crime risks.

Day — 1 Introduction to AML and the Global Financial Crime Landscape

• Understanding Money Laundering: Definitions, Stages & Typologies
• The Impact of Financial Crime on Economies and Institutions
• International Frameworks and the Role of FATF

Day — 2 Legal and Regulatory Foundations of AML

• Key National and International AML Laws (e.g., BSA, EU Directives, POCA UK)
• Regulatory and Supervisory Bodies – Who Enforces AML?
• Legal Penalties and Enforcement

Day — 3 Understanding the Risk-Based Approach (RBA)

• Principles of the Risk-Based Approach (FATF Guidance)
• Building Risk Profiles for Clients and Transactions
• Risk Scoring, Monitoring, and Case-Based Application

Course Review

• Summary and recap of key learning objectives
• Action Planning

• Entry to mid-level compliance professionals
• Financial institution staff responsible for AML/CFT
• Government or regulatory agency officers
• Law enforcement personnel beginning AML-focused roles
• Professionals from high-risk industries such as real estate, import/export, cryptocurrency, or insurance

• Define and distinguish between placement, layering, and integration in money laundering
• Evaluate how financial crime undermines economic stability and institutional integrity
• Interpret FATF’s 40 Recommendations and describe key international AML actors
• Compare major AML laws across jurisdictions and their implications
• Identify regulators and enforcement bodies and their oversight roles
• Analyse high-profile real world AML enforcement cases and derive practical lessons
• Apply RBA concepts to AML decision-making
• Develop customer and transaction risk profiles
• Create and evaluate a simplified AML risk assessment model