IIRF Online > Finance & Accounting > Compliance > Anti-Money Laundering > The Ultimate Guide to Money Laundering and AML Compliance
The Ultimate Guide to Money Laundering and AML Compliance by Udemy
Certificate included | Learn Money Laundering Methods and Gain Practical Insights into Anti Money Laundering Compliance
Course Highlights
- Explain the term money laundering, it's origin and how money laundering works
- Exemplify various common and uncommon methods of money laundering cross-industry
- Identify different types of companies used for money laundering purposes
- Discuss the negative consequences of money laundering at large
- Understand the differences between money laundering and terrorist financing
- Explain why and how AML regulation became a priority on the global political agenda
- Identify relevant international standard-setters in the field of anti-money laundering
- Demonstrate an understanding of AML regulation in the EU and US
- Understand and specify the risks and treats money laundering poses on organizations
- Build and effective AML Compliance Program to better protect their organizations
- Understand additional relevant terms and concepts that are commonly used in practice in AML
Skills you will learn!
Curriculum
7 Topics
Welcome
Introduction to this course
Invitation #1 - Explore the Financial Crime Academy Training Platform
Invitation #2 - Join our exclusive LinkedIn Group
Download the Course Slides
Bonus: Download the course workbook
About You: What is your motivation for taking this course and what do you expect
7 Topics
What you will learn in this Section
What is Money Laundering?
A brief History of Money Laundering
The 3 Stages of Money Laundering
Consequences of Money Laundering
Section Summary
Test your Knowledge
10 Topics
What you will learn in this Section
Money Laundering using Financial Businesses
Money Laundering using Non-Financial Businesses
Case Study: 1Malaysia Development Berhad (1MDB)
Trade-based Money Laundering
Case Study: Trade-based Money Laundering
Black Market Peso Exchange
Unconventional Money Laundering Methods
Section Summary
Test your Knowledge
6 Topics
What you will learn in this Section
Shell Shelf and Front Companies
Misuse of Corporate Vehicles
A Word on the term Offshore
Section Summary
Test your Knowledge
6 Topics
What you will learn in this Section
What is Terrorist Financing?
The 4 Stages of Terrorist Financing
Practical Examples of Terrorist Financing
Similarities and Differences between Terrorist Financing and Money Laundering
Section Summary
6 Topics
What you will learn in this Section
Emergence of International AML Regulation
Relevant Organizations and Standard-setting Bodies
The most important AML Regulation in the US
The most important AML Regulation in the EU
Section Summary
7 Topics
What you will learn in this Section
Why Money Laundering is a Risk for Organisations and AML Compliance important
How to build an effective AML program
Step 1: Creating the right Organizational Environment
Step 2: Conducting an AML Risk Assessment
Step 3: Implementing Organizational Measures
Section Summary
7 Topics
What you will learn in this Section
Conducting Customer Due Diligence and KYC
Dealing with Politically Exposed Persons
Performing AML Screenings and Transaction Monitoring
Identyfying Red Flags and atypical Customer Behaviour
Filing a Suspicious Activity Report
Section Summary
2 Topics
Congratulations
Bonus Lecture
The Ultimate Guide to Money Laundering and AML Compliance
Related Anti-Money Laundering Courses
.webp)
.webp)
Thank You!
Your review has been submitted successfully.