Intro To Anti-Money Laundering | Aml | Compliance | Kyc |

Mastering Anti-Money Laundering: Comprehensive Course for Compliance and Risk Management Professionals

What you'll learn

Basics Money Launderign and Terrorist Financing

Practical examples of ML/TF

Key AML Legislation

Important International Organizations (FATF, FIU, Wolsfberg group and more)

Risk Assessment and Risk-Based Approach

Typical Controls (CDD, Transaction monitoring, SAR and more)

Important Risk Factors and Red Flags

Test You Knowledge on AML Essentials

Requirements

The course is designed for beginners, with no prior experience required. It provides a foundational understanding of AML/CFT, covering key concepts, regulations, and practices.

Description

Welcome to Intro to Anti-Money Laundering!In this comprehensive course, you will gain a basic understanding of money laundering and terrorist financing, from their definitions and stages to the advanced methods criminals use to obscure illicit funds. We explore the evolution of money laundering techniques - from traditional methods during the Prohibition era to the modern challenges posed by digital currencies and complex corporate structures. You’ll learn how key international frameworks like FATF and EU Directives shape global AML/CFT compliance standards. This course highlights practical risk management strategies, including the Three Lines of Defense model and a tailored risk-based approach that prioritizes high-risk customers and transactions. We cover essential controls such as robust KYC, transaction monitoring, sanctions screening, and the effective filing of Suspicious Activity Reports. You’ll also discover how to identify critical red flags, including adverse media, PEPs, unusual transaction patterns, and the misuse of offshore entities or bearer shares. The curriculum delves into assessing various risk factors, such as delivery channel, geographic, and third-party risks, ensuring you’re well-prepared to mitigate vulnerabilities.With real-life examples and practical insights, you will be equipped to design and maintain a strong AML/CFT program. Continuous compliance training and meticulous record-keeping are emphasized to ensure your institution stays ahead of regulatory changes. Enroll now to transform your approach to financial crime prevention and safeguard your organization’s reputation with cutting-edge AML and CFT strategies.See you in the lessons!

Overview

Section 1: Wstęp

Lecture 1 Introduction

Section 2: Anti-Money Laundering: Concepts, History, and Global Frameworks

Lecture 2 What is Money Laundering?

Lecture 3 Predicate Offences

Lecture 4 Origin and History of Money Laundering

Lecture 5 Key AML Legislation

Lecture 6 International Organizations

Section 3: The Money Laundering Process: Purpose, Stages, and Methods

Lecture 7 The Purpose of Money Laundering

Lecture 8 Stages of Money Laundering

Lecture 9 Placement - Stage 1

Lecture 10 Layering - Stage 2

Lecture 11 Integration - Stage 3

Section 4: Terrorist Financing: Stages, Methods and Comparison with Money Laundering

Lecture 12 Terrorist Financing Definitions and Stages

Lecture 13 Sources of Terrorist Financing

Lecture 14 Commonalities and Differences between Money Laundering and Terrorist Financing

Lecture 15 Purpose of Learning All Those Definitiones and Theory

Section 5: AML / CFT Governance and Controls

Lecture 16 Governance and Controls

Lecture 17 AML Policy

Lecture 18 Three Lines of Defense Model

Section 6: Risk Assessment: Controls, Risk Factors and Red Flags

Lecture 19 Risk Assessment

Lecture 20 Risk Based Approach and Risk Factors

Lecture 21 Implementing AML Risk Assessment

Lecture 22 Core Risk‐Based Requirement

Lecture 23 Typical controls: KYC, Transaction Monitoring, SAR, Sanctions & Record Keeping

Lecture 24 Balancing Risk-Based Approach

Lecture 25 Product & Services Risk

Lecture 26 Customer Risk

Lecture 27 Delivery Channel Risk

Lecture 28 Geographic Risk

Lecture 29 Third-Party Risk

Lecture 30 Red Flags

Section 7: Summary and Key Takeaways

Lecture 31 Summery

The course is intended for individuals new to AML/CFT, including employees in financial institutions, compliance officers, or anyone interested in understanding money laundering and terrorist financing basics. No prior experience is needed.