Training Objectives

By the end of the programme, participants will be able to:

• Understand AI concepts and applications in AML
• Comprehend regulatory guidelines for AI in AML (EBA, CBC, ESMA, CySEC)
• Explore AI tools for risk detection and monitoring
• Enhance transaction monitoring with AI
• Improve customer due diligence using AI
• Integrate AI into existing AML frameworks
• Analyse case studies on AI-driven AML solutions
• Address challenges and risks of AI in AML
• Develop strategies for AI implementation and management

Training Outline

Introduction to AI and AML

• Overview of AI Technologies
• Importance of AI in AML

Regulatory Perspectives

• EBA, CBC, ESMA, CySEC Guidelines
• Compliance Requirements

AI Tools for AML

• Risk Detection and Monitoring
• Transaction Analysis

Customer Due Diligence with AI

• Enhanced Due Diligence Processes
• KYC and Customer Profiling

Integrating AI with AML Frameworks

• Implementation Strategies
• Case Studies

Challenges and Risks

• Addressing AI Risks
• Ethical Considerations

Future Trends in AI and AML

• Emerging Technologies
• Innovation in AML Solutions

Who Should Attend

• AML Officers
• Compliance Professionals
• Risk Managers
• Data Analysts
• IT and Technology Specialists
• Regulatory Affairs Specialists

Training Style

The course employs a combination of lectures, demonstrations, case studies, and interactive discussions. Participants will explore AI applications through practical exercises and scenario analysis to understand its impact on AML efforts.

CPD Recognition

This programme may be approved for up to 6 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 6 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.