Course Overview

This course establishes an understanding of money laundering and financial crime prevention. Participants will explore core concepts, the global regulatory landscape, basic risk management principles, and typologies of money laundering. It provides a base for deeper learning in the subsequent week, using real-world scenarios and case studies and tools for detection and compliance.

Agenda

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

Day — 4 Customer Due Diligence (CDD) and Know Your Customer (KYC)

Core Components of CDD and KYC
Customer Identification and Verification Standards
Enhanced Due Diligence (EDD) for High-Risk Clients

Day — 5 Course Review

Summary and recap of key learning objectives
Action Planning

Post-Course

Three (3) x hour-long Executive Coaching sessions at monthly intervals following Course Completion

Target Audience

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

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

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
Identify and implement each component of the CDD process
Conduct effective KYC using reliable sources and methods
Apply EDD measures to high-risk and complex client profile