Training Objectives

By the end of the programme, participants will:

• Understand the fundamentals of AML risk management and how to identify, assess, and mitigate money laundering risks.
• Develop and implement a comprehensive AML compliance programme tailored to their organisation’s risk profile.
• Recognise the importance and application of the four pillars of an AML compliance programme: internal controls, independent testing, designated compliance personnel, and training.
• Assess the risks and consequences of non-compliance, including financial penalties, legal action, and reputational damage.
• Utilise advanced AML technologies, such as artificial intelligence and machine learning, to enhance the efficiency and effectiveness of their AML programmes.

Training Outline

• Overview of AML Risk Management
• AML Compliance Programme
• The Pillars of an AML Compliance Programme
• Cost of non-compliance
• AML technology and the future

Who Should Attend

• COOs
• CFOs
• Directors
• Senior Managers
• Regulatory compliance officers
• AML Officers
• National supervisors
• Financial services trade bodies
• Chief legal officers
• Legal advisors

Training Style

The programme aims to enhance participants’ skills and knowledge via lectures supported by power-point presentations and practical examples. The training style is both training-focused, involving a combination of presentation and real-live examples, but also learner-focused, where participants are encouraged to raise questions, seek clarifications and share their opinions from their different perspectives and engage in an exchange of views and personal professional experiences.

CPD Recognition

This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 5 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.