Course: On-Demand
Anti-Money Laundering and Counter-Terrorist Financing (2024)
Strengthen your organization’s defense against financial crimesPreview the first lesson free. Get full access to all 1 lessons.
Provider : KnowledgeCity 1 Lesson · 35m in English
Course Description
In this course, Anti-Money Laundering and Counter-Terrorist Financing, you will learn to identify, prevent, and respond to financial crime threats while maintaining compliance with global regulations. Discover strategies like customer due diligence, risk-based programs, and transaction monitoring, and apply these skills to protect your organization and support global financial security. You’ll gain insight into how criminals exploit financial systems through methods such as money laundering, terrorist financing, and cryptocurrency misuse. Explore how these activities harm businesses, destabilize economies, and erode trust in financial institutions.
This course focuses on foundational strategies like customer due diligence and transaction monitoring to help reduce risks. You’ll learn to design tailored anti-money laundering and counter-terrorist financing programs, identify red flags, file Suspicious Activity Reports, and follow international standards like those set by the Financial Action Task Force. Through practical insights and clear approaches, this course equips you to build robust compliance programs that protect your organization, support global security, and strengthen confidence in financial systems
What You'll Learn
- Understand the stages and techniques of money laundering and terrorist financing
- Design risk-based AML and CTF programs tailored to organizational needs
- Identify and respond to red flags and suspicious financial activities
- Apply compliance strategies to meet international AML and CTF standards such as those set by the Financial Action Task Force
- Conduct Know Your Customer and customer due diligence to reduce financial crime risk
- Implement transaction monitoring and file Suspicious Activity Reports
Key Takeaways
- Criminals exploit financial systems through methods such as money laundering, terrorist financing, and cryptocurrency misuse.
- These activities harm businesses, destabilize economies, and erode trust in financial institutions.
- Foundational strategies like customer due diligence and transaction monitoring help reduce financial crime risks.
- Robust compliance programs protect organizations, support global security, and strengthen confidence in financial systems.
- Following international standards, including those set by the Financial Action Task Force, is part of maintaining AML and CTF compliance.
Frequently Asked Questions
What does this course cover?
It covers identifying, preventing, and responding to financial crime threats while maintaining compliance with global regulations, including customer due diligence, risk-based programs, transaction monitoring, red flags, Suspicious Activity Reporting, and international standards like those set by the Financial Action Task Force.
What skills will I gain from this course?
You will gain skills in Anti-Money Laundering, Counter-Terrorism, and Transaction Monitoring, including designing tailored AML and CTF programs, identifying red flags, and filing Suspicious Activity Reports.
Who is this course for?
It is designed for those who want to build robust compliance programs that protect their organization, support global security, and strengthen confidence in financial systems.
How is the course structured?
The course moves from understanding money laundering and terrorist financing and the current legal framework, through building effective risk-based AML/CTF programs, Know Your Customer and customer due diligence, monitoring and transaction tracking, and suspicious activity reporting, with knowledge checks along the way.
