Masterclass in Anti-Money Laundering (AML) Compliance Training Course
Date | Format | Duration | Fees (GBP) | Register |
---|---|---|---|---|
17 Feb - 21 Feb, 2025 | Live Online | 5 Days | £2850 | Register → |
02 Apr - 04 Apr, 2025 | Live Online | 3 Days | £1975 | Register → |
12 May - 16 May, 2025 | Live Online | 5 Days | £2850 | Register → |
09 Jun - 13 Jun, 2025 | Live Online | 5 Days | £2850 | Register → |
28 Jul - 01 Aug, 2025 | Live Online | 5 Days | £2850 | Register → |
01 Oct - 03 Oct, 2025 | Live Online | 3 Days | £1975 | Register → |
03 Nov - 07 Nov, 2025 | Live Online | 5 Days | £2850 | Register → |
29 Dec - 02 Jan, 2026 | Live Online | 5 Days | £2850 | Register → |
Date | Venue | Duration | Fees (GBP) | Register |
---|---|---|---|---|
24 Feb - 28 Feb, 2025 | New Delhi | 5 Days | £4200 | Register → |
31 Mar - 04 Apr, 2025 | London | 5 Days | £4750 | Register → |
28 Apr - 02 May, 2025 | Dubai | 5 Days | £4200 | Register → |
05 May - 23 May, 2025 | Cape Town | 15 Days | £11200 | Register → |
23 Jun - 27 Jun, 2025 | London | 5 Days | £4750 | Register → |
28 Jul - 30 Jul, 2025 | Kuala Lumpur | 3 Days | £3375 | Register → |
11 Aug - 13 Aug, 2025 | London | 3 Days | £3825 | Register → |
29 Sep - 03 Oct, 2025 | New York | 5 Days | £5150 | Register → |
27 Oct - 07 Nov, 2025 | Bucharest | 10 Days | £8750 | Register → |
19 Nov - 21 Nov, 2025 | Abuja | 3 Days | £3525 | Register → |
08 Dec - 12 Dec, 2025 | Manchester | 5 Days | £4750 | Register → |
Why select this training course?
Choosing a Masterclass in Anti-Money Laundering (AML) Compliance Training Course at Rcademy is critical because it is designed to help you know how to help your organisation against anti-money laundering. Also, this Rcademy program assists you in dealing with crime in finance and how to identify, to avoid, and report activities associated with money laundering. This course covers the regulatory environment, particularly emphasising the necessity of Customer Due Diligence (CDD), sanctions monitoring, Know Your Customer (KYC), and the function of the Money Laundering Reporting Officer in practice.
What are the key components of AML Compliance?
Key components of AML compliance include:
- Customer Due Diligence (CDD)
- Suspicious Activity Reporting (SAR)
- Transaction Monitoring
- Risk Assessment
- Regular Training
What is the goal of AML Compliance?
Anti-Money Laundering (AML) compliance aims to prevent, detect, and report money laundering activities. Money laundering disguises the proceeds of illegal activities as legitimate funds and poses a significant risk to the financial system and the global economy.
The Masterclass in Anti-Money Laundering (AML) Compliance Training Course by Rcademy also covers several topics, such as the nature of the financial services industry’s services and products (namely managing, controlling, and possessing money and property belonging to others) makes it vulnerable to money laundering. Also, the program covers elements of money laundering and counter-terrorism initiatives, such as credit institutions’ regulations. You’ll learn how to investigate the AML risks associated with growing industry sectors.
Who should attend?
The Masterclass in Anti-Money Laundering (AML) Compliance Training Course by Rcademy is ideal for:
- Employees with AML roles
- Senior Management
- Treasury Managers
- Auditors
- Lawyers
- All workers in financial services who wish to know more amount ALM
- Anti-Money Laundering (AML) / Compliance Professionals
- Anyone who works within the regulated financial sectors or to a course in fraud prevention or ALM
- Regulator or Advisor of Product / Services
- Consultants
- Credit Managers
What are the course objectives?
The objectives of The Masterclass in Anti-Money Laundering (AML) Compliance Training Course by Rcademy are to enable participants to:
- Understand how to describe how a Company / Bank and its Staff should protect themselves against Money Laundering?
- Restrictions relevant to companies/banks
- Apply techniques to prove income or funds from unverified senders
- Detect and block Money Laundering
- Understand how to describe how a Firm / Bank and its employees should safeguard themselves against the dangers of Money Laundering and Terror Financing?
- Discover the “red flags” that may help you recognise, prevent, and disclose any (suspect or actual) illegal conduct
- Identify how Money Laundering can be perpetrated
- Understand the procedure of Money Laundering
- Understand the FATF roles in AML
- The impact of an offshore financial centre on machine learning
- Define Money Laundering and the Cycle of Money Laundering
- Apply worldwide ALM regulations and laws
- Recognise the consequences of non-compliance with AML laws
- Evaluate financial records to find potential leads
- Are you aware of how ALM and counter-terrorist financing (CTF) can get avoided?
How will this course be presented?
The masterclass in the anti-money laundering (AML) course at Rcademy is structured with scope for modification according to each batch’s professional or academic background. This Rcademy program gets presented by thoroughly analysing the training materials before the commencement of every teaching session. Therefore, it does alter according to the stages and understanding of the participants. Tutors training this program are Rcademy’s trained and skilled professionals from the course-associated field who deliver the teaching using audio-visual presentations and provide a recorded session after the class to assist the training audience in referring to the videos in case of anything. The tutor also motivates the trainees for a two-way presentation technique by using projects, group activities, and questions. Case studies, role-lays and experimental studying are among the models used in the treasure management course. The kind of model used in teaching is the do-review-study-apply method.
What are the topics covered in this course?
Module 1: introduction to money laundering (ALM)
- Reason for the initial focus on anti-money laundering (ALM) globally
- Definitions in money laundering
- Primary levels of money laundering
- Similarities and differences between terrorist financing and money laundering
- Indicators of money laundering
- Methods and typologies of money laundering
- Trends in the jurisdiction of money laundering
Module 2: Principles of Money Laundering
- What money laundering entails and its importance
- Levels of the money laundering activity
- The origins of dirty money
- Secret assets
- The money laundry cycle
- Usual cars used to hide the properties
- Difference between money laundering and asset hiding
Module 3: Global Growth of Rules and Regulations
- The global organisation’s response to anti-money laundering (AML)
- Foreign account tax compliance act (FATCA)
- S Patriot Act
- The Wolfsburg rules
- The international measures to avoid money laundering
- The challenging and interrelated dangers associated with money laundering
- The broad context for financial crime danger and rules in which your institution operates
- The duties and responsibilities of (AML, compliance, back or front desk officers) and how they are associated with the crime management life cycle
- United Nations resolutions
- ALM laws and regulations
- European detectives
- The duty of the financial action task force (FATF)
Module 4: Techniques of Proving Income and Illegal Activities in Bank Records
- Using records and books in an economic case
- Analysing financial documents for leads
- Analysing the income statement
- Analysing the balance sheet
- Direct techniques of proof
- Indirect techniques of proof: bank deposits and net worth
- The Capone institution
- Tips and pitfalls
- Unusual activity in accounts
- How to create indicators
- How to use indicators
- Examples of indicators
Module 5: Money Laundering Schemes
- Buybacks
- Invoice scams
- Money laundering schemes examples
- Loans back schemes
- Smurf and modified transactions
- Banking-company transactions
- Shell industries
- Banking schemes
- Nominee scheme
- Company front scheme
Module 6: Compliance Methods
- Jurisdiction of anti-money laundering (ALM)
- The requirements for robust anti-money laundering operations, policies, procedures, and internal management
- Knowing your client (KYC), and ID&V principles
- Abuse of the industry and inside deals
- The correct laws and regulations in your area, the global standards, and the duty of law enforcement
- Tipping off
- Coordination with authorities and their regulators
Module 7: Money Laundering Detection Methods
- Early warning method
- Detection, prevention, and due diligence
- Performing money laundering assessments
- Best practices applicable to companies or banks
- Risk control of policing exposed individuals (PEPs)
- Applying customer due diligence (CDD) and knowing your customer (KYC)
Module 8: Identifying and Reporting of Suspicious Transactions
- Statutory obligations
- Reporting of the suspicious transactions
- Recognising suspicious transactions
- Recognising high-risk indicators-know what to do with the data and who to report it to
- The importance of record-keeping
- The duty of MLRO
- Roles of companies or banc and people
- Developing a monitoring process