Complying with Anti-Money Laundering Laws
About the Course
This AML Compliance course provides a comprehensive overview of what an effective AML compliance programme looks like. The course introduces the audience to the topic of how organizations can mitigate the risk of being involved in money laundering schemes, and what can be done when the mentioned risk is materialized within an ongoing business relation. The content is designed to help those working in the non-financial industry to become more familiar with AML red flags and financial crime risks, and demonstrate how to proactively prevent such risk.
Training pillars
The course embraces both: foundation-level and proficient-level elements, where participants can:
Capture schemes and ways of money laundering, terrorist financing and other financial crimes
Detect and mitigate risks associated with customers, business relationships and transactions
See actual cases presenting vulnerabilities of organizations to money laundering and terrorist financing
Learn about the different types of risks related to financial crime
Understand meaning of a risk-based approach
Get practical examples of applying the risk-based approach
Deep dive into the definition of the due diligence process and where to find relevant information to thoroughly and properly execute due diligence analysis
Identify and mitigate the risks associated with money laundering, terrorist financing and sanctions in relation to any industry, or legal structures
Identify and report suspicious customer activity
Understand management obligations to prevent money laundering and terrorist financing
Understand how anti-money laundering and sanctions screening play an integral role in detecting, controlling and mitigating risk as part of an organization’s counter financial crime efforts
Learn about screening types and processes and the daily controls used to manage anti-financial crime risk.
Recognise the importance of screening as a solution to meet regulatory requirements, including the key components of a compliance program as the essential element that support a compliance monitoring process
Practice assessment in trade finance and crypto-assets
Distinguish the benefits of the monitoring process embedded in name and payment screening
Learn about alert and escalations management process used, including technology and controls
See how compliance roles work together to reduce risk
Goals
The purpose of the training is to outline key elements of AML process appropriate to any organization that intends to consciously manage customer relationship risk. During the training participants will acquire skills to assess risk factors and evaluate their final impact on the company and receive practical guidelines on designing tailored procedures - ones taking into account an individual risk exposure, depending on industry, company size and its geographic or operational scope. Suitable for anyone wanting to explore more about AML regulations and procedures. The course is dedicated for experienced practitioners and ones who wish to build up their expertise in this area. The first group will get an opportunity to reflect on adopted procedures based on current legislative trends, while the second group will gain practical knowledge in implementing AML risk processes and procedures in the organization.
Benefits
Expand your expertise in an ever-evolving regulatory environment and join an insightful journey to detect and mitigate risks associated with the AML and screening process for customers and transactions. This course allows deep focus on specific analysis techniques and actionable skills. The content is designed to deepen KYC acumen and to prepare participants to faster professional growth within the risk and compliance area.
Real life cases
Throughout the course, participants learn from real-life case examples to understand how the prevention of financial crime works in practice. A walk through the course content provides opportunities to test knowledge and engage in insightful discussions with other participants. The main gain for participants is to learn about applied knowledge on implementing a holistic AML risk management process, which takes into account multiple risk factors within an organization's individualized risk exposure.
Training recipients
Compliance Officers
In house Lawyers
Procurement Experts
Internal Finance Professionals
Board Members
Schedule
13.05.2025
23.09.2025